Back to episode — Episode 2674 CWSA 11/29/24
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Putin's puppet, how could you believe what Putin said? No, nothing like that's going to happen. I'm going to tell you what Putin said. I'm going to tell you what effect I think it had. But I'm not going to tell you that Putin's the smartest person in the world and everything he says is true and we should do what he says, right? So NPCs, calm down. Calm down. You can handle this, right? So here ar…
← Previous segment →doesn't happen, that alleged hypothetical vulnerability that nobody's quite seen yet, all of the signals say that crypto will just keep going up basically forever.
So if you had for example a bunch of cash investments and you add a little bit of crypto, your situation should be that your cash will inflate away to zero and your crypto will make up all the difference. So if you had, I don't know what the percentages would be because nobody knows what the future is, but I'll just give you numbers to like kind of tell the story but don't get caught up on the percentages, okay? So if for example 80% of your wealth was in cash-like things, you know like stocks and bonds and cash, that could actually go to zero. It could over time, I mean not tom
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orrow, but it could go to zero over time just because of inflation. So not actually zero but it could become so little that you wish you didn't own it. Crypto could make up all of that difference. So if you had 20% crypto and 80% regular cash you might find that the one going up is about matching the one going down. But I'm not smart enough or wise enough to say that 20% crypto is a smart number.…
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