How to Protect Against Black Swan Events
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- Опубликовано: 2 июн 2024
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In an increasingly uncertain world, many individuals, from entrepreneurs to investors and freedom-seekers, find themselves grappling with the looming threat of Black Swan events. As each new crisis unfolds, from economic turmoil to geopolitical tensions, the need for effective hedging strategies becomes paramount. In this video, we delve into the complexities of hedging against Black Swan events, exploring not only financial avenues but also broader considerations of freedom and protection.
00:00 Start
00:49 Bitcoin's Role in Hedging
4:26 Importance of Diversification Beyond Bitcoin
6:32 Tendency of Westerners Willing to Diversify
10:43 Importance of Travel Freedom and Citizenship
12:52 Asset Protection Strategies Beyond Bitcoin
16:11 Be Prepared for Black Swan Events!
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"Don't break any laws .... but" My man 👌🏼
I'll comply with any laws except one: solicitation of commercial pleasure.
That's a deal breaker for me. If you force me to become a criminal on that issue, I will become a criminal.
Why would you only have ~5% of the best asset regarding crossing countries, storage fees, potential growth, transaction restrictions, taxes and stock to flow ratio.
Love your videos. I’m learning a lot. Thank you
Glad to hear that!
It's already happening in Bolivia. They don't let you withdraw your USD
😮😮
well..USD is not the currency in Boliva..lol
Can’t believe how compliant most of the UK population was during the Pandemic. It was a real eye opener.
Aussies were obedient little sheep too!
UK has probably the worst media in the world..people still have Ukraine flags up here
Dont forget about Canada!
So are Americans.
Asia didn't completely opened up till late 2023 and most are jabbed 3, 4, 5+ times.
Thanks for the great information sir😊
Invest in social capital. Reliable people are the best asset when the shit hits the fan
Bitcoin is the only asset that cannot be confiscated.
Hmm, what are your thoughts on the Eastern Caribbean Stock Exchange?
Could you make a video about good options for native Brazilian citizens?
It would be very useful and probably a well-performing video given recent events.
Bitcoin baby
Good points. Glad you have Bitcoin.
I’m not sure what Murphy is talking about. Statistically, digital assets perform like stocks. They fall during times of turmoil (just look at the last two bear markets in stocks).
You are looking at correlation. You are not looking at the nature of these assets from first principle. What are stocks? And what is Bitcoin? Those are more relevant questions than how buyers and seller currently reacts to news for various asset classes when plotted as a line on a graph.
@@biscottigelato8574 good, past statistical correlation is a much more reliable way of predicting future performance than political theory.
This is rather a complete advice for when shit hits the fan
How can you buy bitcoin in Canada? I thought all the platforms were heavily regulated.
Serious question. Does Singapore not print money?
Every country prints money. National currency is backed be the ability of the government to tax future wealth streams produced by local residents and businesses.
This is over simplified but you can think of currency like claims to a piece of that “wealth pie”. As long as those pieces represent a reasonable portion of that pie, all is good. Printing money generally refers to a government deciding to create more pieces of pie, without the actual pie getting bigger.
Of course it is quickly noticed that the pie pieces are now smaller, thus the value of the currency drops, and thus you have inflation. Independent central banks are charged with keeping inflation to a minimum. They raise interest rates, which means it becomes more costly for people to get more pieces of this pie, so people reduce the number of pie pieces they consume. This brings the demand for pie pieces, back to a level that is reasonable for the total amount of pie the government can actually get its hands on. Not sure if that helps, or makes things worse lol.
thank you soooooooooooooo much for the info. I m not wealthy YET but i sold my apartment in the UK and bought a few little ones in different countries. Your advice helped a lot !
Btc is most important. But you should also have skills second paszport etc.
Starting in 2025, US citizens are requried to call these African American Swan Events.
But what if the events originate from Jamaica?
@@PatNeedhamUSA Probably rac!st to even ask. lol
Not Zionists Apartheit Events?
We should ask the people of places like 1rack should their swan event should be named
“yyttee swan events” after you went in based on lies and took out a mill of them! 😂
That's Good😂
Thanks Obama...
That because you assume the nation-state will stay the same... they will not...
It may not be enough but most don’t even have any. Get off zero. 😅
Great advice.
The best asset to own during a market crash is probably real estate. It is the asset that keeps its value the best. Bitcoin is great if you have a government that could take your property at any time.
Black swan includes more than a market crash.
So you don't think that the government can take your property at any time through taxation?
@@rjny51Most people don't realize what's coming, but you're on target. Either they'll raise the tax rate on property; or they'll keep the tax rate stable, but access it at an absurd rate, so that you wind up paying higher taxes anyway, and lose it through default judgement, foreclosure, etc.
NGMI
Talk to Ukrainians, Venezuelans or Lebanese with choice properties if they want bitcoin or properties.
BITCOIN OR GO DOWN WITH THE SHIP
No, quick answer to your question.
Difersify in every aspect. When things get really messy, firearms should be at the top of your priority (not just for protection). Ammo it self is a commodity.
On top of land and a business, if I could just have a diversified brokerage account and also a Singapore dollar account somewhere that would be good. However as a U.S. expat it's proving impossible of course haha. Probably have to wait until I can afford an offshore trust to be named on them
21 million
Despite all the financial struggles i and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord!!!
Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?
HOW
....!! I know it's possible, I would appreciate if you show me how to go about..
Sincerely speaking. I will continue to trade and stick to expert ca therine daily signals and guides as long as it works well for me.
she's mostly on Telegrams, using the user name.
@Catherine905a
Btc is part of assets, and will rule
I don't know, but some say....there are bitcoiners in most major cities around the world, and they trade with each other for goods and services.
The biggest problem with Bitcoin is that most of it is owned by a handful of whales. Any of whom can crash the price any time they want.
So few of the total number of tokens are in circulation that the current price is purely based off of speculation.
The result is that no one knows actual value of Bitcoin. A use case certainly exists for Bitcoin both by people from unstable countries and for those who need to move large amounts of currency quickly. Which is why it has some value.
What is that value? It's unknown.
wow very well put
If price crashes you buy more and you keep buying because the real value is in the tens of millions I think
As a black family from the UK moving to most of Europe now makes us nervous now - it would be interesting to hear which country you'd consider is genuinely welcoming to people of colour.
Morocco
Republic of South Africa
Very strange that Iran Israel warfare perhaps causing Bitcoin to fall - anyway Nassim Taleb wow visionary indeed - he literally wrote the book!🤯
Bit corn 🌽 Absolutely NOT 🚫
BTC suffers from stress even more than other assets, so no, it is not a lifesaving instrument in case of black swan
The price suffers from stress.
The underlying asset works uninterrupted as designed under the most adverse scenarios conceived with the least downtime of all networks ever engineered by human
*Afro-American Swan
Bitcoin is the only decentralized cryptocurrency and the Lightning network makes bitcoin faster than any other cryptocurrency.
Bitcoin is a collectable for the upper class. It's a flex for people who can afford to have some, similar to expensive artwork. Completely worthless if the grocery shelves are empty. Fiat would be worthless under that scenario also but just saying that Bitcoin isn't going to "save" anyone if the sh hits the fan.
Anyone can afford to buy Bitcoin. You can go buy $10 worth of Bitcoin right now. It's divisible. Not many people go and try to buy a whole Bitcoin.
The thing that's missing is the asymmetric nature of Bitcoin as a technology against disruption and risk from centralized players. Government can always go after something, but Bitcoin is designed against that, unlike gold, stocks, physical business or real estate. Does that mean one should go all in on Bitcoin? Depends on your situation.
But to think Bitcoin is just yet another random asset class when it comes to the risk of centralized power players, that cannot be more incorrect. Bitcoin is engineered to be anti-fragile. Nothing else except for the process of biological evolution comes close.
Black rock is literally gathering it up.
In its own right Bitcoin has its own black swan events. how closely tied btc is to USDT the biggest stablecoin and its backing has always been a grey area and a massive worry to the whole ecosystem. USDT goes under and itl take the rest of the market with it. it would be interesting to hear your thoughts on that ! Basically someone far more educated in this type of thing than me 😂
Usdt is quite questionable but its registered circulation is 100times trustworthy than FED monetory creation that out of thin air. See M2 money creation chart
🙏🤔🙋😊😮💯⚖️
Bitcoin will crash very badly with a black swan event. Real estate is the only thing that will hold.
have fun staying poor
Lol, in what way does Bitcoin protect you from anything?
I was skeptical of crypto until a coworker of mine from Russia told me it was the only way she and her American husband could do deals through the sanctions. So, while data doesn't support it as protection against inflation, it does protect against sanctions. It may be worth at least holding enough to get you out of a sanctioned area.
Bitcoin is permissionless money. If you REALLY learn how to use, nobody can prevent you from doing business. Only bitcoin. Not crypto, bitcoin. Cash and gold help, but try to cross borders with ounces of gold or thousands of dollars in cash, mainly in corrupt countries. Maybe gold is good in order to bribe some authorities when escaping from a war zone or something like that.
It’s the only asset that can’t be confiscated.
If you’re not Pro-Bitcoin you’re poorly educated in blockchain technology and you should look into re-educating yourself. Fidelity & Blackrock have hundreds of billions worth of Bitcoin within their ETF. Furthermore, crypto can never be confiscated when self-custodied properly.
Big companies that the gov can squeeze owns alot of bitcion, then in the same breath, says crypto (i.e. bitcoin) can never be confiscated... Do you actually read what you write?
@@murimurimrui The big banks are over a decade late to the party. Do you even understand what a blockchain is…hashing…decentralized finance???
@@GeniusNeverDies Yes totally decentralized. When 90 to 99% of bitcoin is own by either big institutions or whales.
@@murimurimrui have fun staying poor
@@btcberg3615 If btc crashes/becomes illegal to own, will you at least do a flip?
No matter how right or wrong some of those things you say are, your entire demeanor and your habit of just name dropping things that are meant to impress people or whatever makes my bullshit radar explode.
Also, the video is just lazy. Try to come up with a script next time if you want to add value.
Bitcoin = fools gold!! Keep on buying 🐑!!
Fiat is fools gold. I do love real gold. :)
have fun staying poor
@@btcberg3615 how?