A Global Currency Collapse in 2023? with Lynette Zang (WiM312)

In this episode, Lynette Zang joins me to discuss the financial situation of Zimbabwe, the pros and cons of Bitcoin and Gold, the new era of surveillance, and why we’re facing a hyperinflationary depression.  Lynette Zang is a Chief Market Analyst at ITM Trading. She is also the founder of Jewel of Encanto Urban Farm. // GUEST //  Twitter: https://twitter.com/itmtrading_zang  Website: https://linktr.ee/itm_trading  Website: https://beyondgoldandsilver.com/ // SPONSORS //  In Wolf's Clothing: https://wolfnyc.com/ iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ Gold Investment Letter: https://www.goldinvestmentletter.com/ CrowdHealth: https://www.joincrowdhealth.com/breedlove Wasabi Wallet: https://wasabiwallet.io/ Join Me At Bitcoin 2023 in Miami (use discount code BREEDLOVE): https://b.tc/conference/ Casa (use discount code BREEDLOVE): https://keys.casa/ Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/  Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/ // OUTLINE //  00:00:00 - Coming up  00:01:18 - Intro  00:02:49 - Helping Lightning Startups with In Wolf's Clothing  00:03:35 - Introducing Lynette Zang  00:04:21 - The Current Financial Situation in Zimbabwe and the Conflict with IMF  00:06:38 - Public Confidence in Central Banking is Completely Zero  00:07:33 - Zimbabwe is Trying to Get Back to the Gold Standard  00:09:21 - The Lifecycle of the Fiat Currencies is Coming to an End  00:12:41 - Central Authority Still Controls Public Financial Rights  00:14:01 - Gold vs. Bitcoin: Which Is Superior?  00:19:20 - Four Basic Properties of Money and the Shortcomings of Bitcoin  00:22:31 - Maximize Your Profits with Gold Investment Letter  00:23:28 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet  00:24:24 - Take Control of Your Healthcare with CrowdHealth  00:25:26 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet  00:26:17 - What Would Cause to Change Lynette's Mind on Bitcoin?  00:32:36 - Why do the Nation States Keep Buying Gold?  00:36:14 - We're Facing a Hyperinflationary Depression and a Global Currency Failure  00:42:19 - Will the Private Ownership of Gold be Outlawed Again?  00:43:41 - A New Era of Surveillance, Control, and Enforcement  00:47:38 - A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS  00:48:34 - Hold Bitcoin in the Most Secure Custody Model with Casa  00:49:22 - The Demolition of the Commercial Banks and the Transition into CBDCs  00:52:59 - The Derivative Market Problem is Only the Tip of the Iceberg  00:55:38 - The Transition from LIBOR to SOFR  01:00:48 - The Problem with the LIBOR to SOFR Transition  01:03:26 - The Introduction of FedNow and the Rollout of CBDCs  01:06:56 - Where to Find Lynette on the Internet  // PODCAST // Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/25LPvm8... RSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //  Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7  Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove Dollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2 The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101 // WRITTEN WORK //  Medium: https://breedlove22.medium.com/  Substack: https://breedlove22.substack.com/  // SOCIAL //  Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22 All My Current Work: https://vida.page/breedlove22