Money is Broken!! The Truth About Our Financial System!

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  • Опубликовано: 14 июн 2024
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    ~~~~~
    📺 Essential Videos 📺
    Financial System Is Rigged 👉 • The Financial System I...
    ~~~~~
    ⛓️ 🔗 Useful Links 🔗 ⛓️
    ► Lyn Alden Broken Money: www.amazon.com/Broken-Money-F...
    ~~~~~
    - TIMESTAMPS -
    0:00 Intro
    0:37 Broken Money
    4:51 What Is Money?
    9:29 Commodity Money
    15:04 Banking System
    19:05 Fractional Reserves
    23:18 How To Get Ahead
    27:02 Outro
    ~~~~~
    📜 Disclaimer 📜
    The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
    #Crypto #Money #Bitcoin

Комментарии • 285

  • @CoinBureau
    @CoinBureau  Месяц назад +5

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  • @cryptoesquire3168
    @cryptoesquire3168 Месяц назад +32

    Once you learn about the fiat trick, fractional reserve banking, inflation…ur compelled to get out….

    • @ashwoodtreecare
      @ashwoodtreecare Месяц назад +4

      Underrated comment 👌🏼

    • @Roylamx
      @Roylamx Месяц назад +5

      Get out yes but - Where to go?
      Simple - We must restore sound Constitutional money as the only escape from fiat currency and from the dreaded Orwellian CBDC.

    • @BDYH-ey8kd
      @BDYH-ey8kd 25 дней назад

      Hypothecation

    • @draymond5067
      @draymond5067 23 дня назад

      Gold​@@Roylamx

  • @CryptoCrimminy11
    @CryptoCrimminy11 Месяц назад +76

    Dude are you trying to win the Nobel prize, you got my vote

    • @oas8766
      @oas8766 Месяц назад +3

      Lyn Alden deserves to share it with him imo

    • @swancini
      @swancini Месяц назад +4

      The Nobel peace prize has been tarnished so badly I’d call
      It a insulting to get awarded one.

  • @dr.k.math.777
    @dr.k.math.777 Месяц назад +34

    Broken Money is an excellent book. Lyn Alden’s interviews and talks are also amazing and I highly recommend all.

  • @NoBody-yn6yd
    @NoBody-yn6yd Месяц назад +10

    Lyn's book should be on every high school's 'must read' list.

  • @Mattyg08
    @Mattyg08 Месяц назад +12

    The producing on these videos are just amazing! Thankyou for the effort the Coin Bureau team put into them

  • @GEECHOO
    @GEECHOO Месяц назад +5

    This is the education bankers don't allow

  • @dappgambldrop
    @dappgambldrop Месяц назад +15

    Wow, this video really opened my eyes to the flaws in our financial system! It's crazy to think about how much power banks and governments have over our money. We definitely need more transparency and accountability. Time for a change! 💰💡

  • @IsleMarauder
    @IsleMarauder Месяц назад +7

    I love this book. Almost through with it.
    My mind was blown again and again as I read through

  • @RikWlz
    @RikWlz Месяц назад +11

    In the middle of this book now... a must read!

  • @swarovskistube
    @swarovskistube Месяц назад +9

    To my understanding at 21:36 it should say in 1933 and not: in the seventies. In 1971 US Dollar gold convertibility was "temporarily" suspended for foreign cental banks. Or in other words, after Bretton Woods in 1944 when US Dollar was voted world reserve currency, being as good as gold, and up until 1971, only foreign central banks could redeem it for gold. Most other currencies that were actually on a gold standard, abandoned their gold convertibility in the WWI aftermath.
    In 1933 US citizens were ordered to sell their gold possessions at 20 dollars per troy ounce. Then gold price was raised to 35 per ounce, so devaluing the USD by over 40% in a matter of months.
    So basically no currency anywhere in the world was anymore redeemable for gold by ordinary people well before WWII had begun.

  • @gialuquin88XD
    @gialuquin88XD Месяц назад +11

    Loved the office !

  • @gabrielaback3177
    @gabrielaback3177 Месяц назад +5

    You are THE best. Thank you for your hard work

  • @leematthews6812
    @leematthews6812 Месяц назад +1

    Posts like this are exactly the reason I subscribed to this channel. I hope Guy and his crew can do another show in London this year.

  • @projectwalden5360
    @projectwalden5360 Месяц назад +30

    ha, the first twelve minutes of this video are an entirely accurate synopsis of why shitcoins don't work.

    • @adiintel1
      @adiintel1 Месяц назад

      you mean like pepe, shiba , floki and the rest?

    • @projectwalden5360
      @projectwalden5360 Месяц назад

      @@adiintel1 To me, anything that isn't Bitcoin is a shitcoin. They are all ponzi schemes just like normal fiat currency. Yes, there are certain use-cases for certain ones and yes, you can get rich off of them if you are near the top of the pyramid. But I don't play those games. Bitcoin is the closest thing to "real money" humankind has ever known.

    • @projectwalden5360
      @projectwalden5360 Месяц назад

      @@adiintel1 Anything that isn't Bitcoin is a shitcoin.

  • @janavarthanamuthukonda387
    @janavarthanamuthukonda387 Месяц назад +2

    Awesome content and simple explanation. Thanks Guy & Team.

  • @cetterus
    @cetterus Месяц назад +4

    Double entry bookkeeping was invented by Croatian called Benedikt Kotruljevic. Pretty certain it doesn't qualify as "Italy". But (as many other innovations) it was probably quickly accepted, spread, possibly improved and very vocally branded as "Italian". As it is case today with many other smaller and bigger states.

  • @Bfitzh
    @Bfitzh Месяц назад +2

    Quality Work. Thank you!

  • @ometaxas
    @ometaxas Месяц назад +2

    Amazing video. Gold bless Lyn.

  • @Indiodyssey
    @Indiodyssey Месяц назад +3

    Excellent presentation. Profound information made easy to understand. Your promotions are entertaining! Thanks

  • @di_santos2990
    @di_santos2990 Месяц назад +4

    great book!

  • @iansamphier843
    @iansamphier843 Месяц назад +3

    Broken Money is a fantastic book. Been trying to encourage others to read it but without much success. A bitesize summary like this is ideal, thanks Guy! ❤

    • @cryptojoecoin5480
      @cryptojoecoin5480 Месяц назад

      No one will read it. Just save yourself the time. The only thing that will save us from this wicked system is its collapse. When it happens, you will have a small window to reinvent your reality. Don’t waste it.

  • @wadthbi
    @wadthbi Месяц назад +1

    I love you Coin Bureau!

  • @danshipman9465
    @danshipman9465 Месяц назад +2

    My copy just arrived a few days ago. I'm already 100 pages in. Lynn is amazing.

  • @kieranduffy9418
    @kieranduffy9418 28 дней назад

    Lol I love the deals page promotion. Hilarious.
    Thanks for all the info I've been watching for over a year now I recommend you to everyone

  • @davidchau1854
    @davidchau1854 Месяц назад

    Excellent, thanks team

  • @sensorialstar
    @sensorialstar Месяц назад +1

    Love this! Thank you!

  • @hansonayomide
    @hansonayomide Месяц назад

    This is brilliant, thanks a lot for this

  • @WV.PS2333
    @WV.PS2333 Месяц назад +2

    Shared. Great Video!!

  • @TheHolyChain
    @TheHolyChain Месяц назад +1

    Thanks for everything coin bureau freaks!

  • @MH-ln6pv
    @MH-ln6pv Месяц назад +3

    Thanks - I can see that the book is on Audible

  • @user-rm7yn9jz8k
    @user-rm7yn9jz8k Месяц назад

    Brilliant explanation

  • @robbybroon4904
    @robbybroon4904 Месяц назад +2

    Lyn! Great to see the streams cross

  • @dipzjp19
    @dipzjp19 Месяц назад +2

    This is one of the few crypto related channels on RUclips that seems genuine and the one I trust! Great job!

  • @garcon8552
    @garcon8552 Месяц назад +2

    Convinced Guy is nuts with his commercials, but love them..

  • @counterpartyrisk8089
    @counterpartyrisk8089 Месяц назад +1

    I appreciate you. Thanks 😃

  • @arh_kofi
    @arh_kofi Месяц назад +1

    great content brother

  • @web3byzeeshangujjar
    @web3byzeeshangujjar Месяц назад +1

    That's great content … The way you describe is tremendous!

  • @caincotterill5493
    @caincotterill5493 Месяц назад +1

    Great vid once again👊🏼🇬🇧

  • @sebastiaanroose
    @sebastiaanroose Месяц назад

    Always great to watch your team work in action. You have taught me a lot in the field of finance and money system. Thanks so much for your input. I spread the word as Much as I can about our broken financial system.
    Keep up, we are stronger together.

  • @ashwoodtreecare
    @ashwoodtreecare Месяц назад +1

    Great content!

  • @Zenthara
    @Zenthara Месяц назад +4

    That's the best Alex Becker impression I've ever seen 😂😂😂😂

  • @dimitarkostadinov5665
    @dimitarkostadinov5665 Месяц назад

    Thank you!

  • @corbentannahill6430
    @corbentannahill6430 Месяц назад

    Love the new intro!

  • @rithiksarkar5
    @rithiksarkar5 Месяц назад

    Great video

  • @Notjoefresh
    @Notjoefresh Месяц назад +1

    Lead the way coin bureau!

  • @shortyshorts4666
    @shortyshorts4666 Месяц назад +2

    You forgot to tell us which person realized that no one came to get the gold, and started trading with other people's gold. It was a man from germany his last name starts with an R.

  • @rayhankobirrony4980
    @rayhankobirrony4980 Месяц назад +1

    You are the best

  • @atristan100
    @atristan100 Месяц назад

    I absolutely ❤ ur cornbread plug! Awesome commercial 🙏🤣😁

  • @philipsmurthwaite9408
    @philipsmurthwaite9408 Месяц назад +1

    Brilliant

  • @braiwish
    @braiwish Месяц назад +5

    Fun Fact: Hawala is an Arabic word that literally means “exchange”

    • @ft8610
      @ft8610 Месяц назад

      Not true, im arabic myself…hawala doesnt mean exchange, it literally translates to “sending money”

  • @green_firefly
    @green_firefly Месяц назад +2

    "And we're walking, we're walking."

  • @bitcoinpoemspro1406
    @bitcoinpoemspro1406 Месяц назад +1

    Thx Guy

  • @killzoomer
    @killzoomer Месяц назад

    Love the videos!! Have you ever thought about a print publication? 🤔

  • @monetarymusashi5732
    @monetarymusashi5732 Месяц назад

    Great video !

  • @vinvaninvestments6959
    @vinvaninvestments6959 Месяц назад +1

    I have not read the book, but the most important aspect of money was not mentioned....that is, that money transfers title...fiat does not. Because of debt based fiat, all property has a lien against it because all property has been pledged as collateral for the debt. Therefore, no one can own any property and property has fiat (fake) certificates of titles, not true alldoial titles.

  • @Shinehead3
    @Shinehead3 Месяц назад +3

    Exactly!!! Currency is not Money 😊 Bitcoin is Money because it is fungible and it's issuance is capped at a Fixed Amount. It is backed by proof of work and the Network Effect 😊

  • @DownunderSil
    @DownunderSil Месяц назад

    Excellent

  • @Anondochandro
    @Anondochandro Месяц назад

    Amazing

  • @bitcoinpoemspro1406
    @bitcoinpoemspro1406 Месяц назад +2

    Excellent book. Please read it. It took me six months so I could digest it properly

  • @enurfase
    @enurfase Месяц назад +2

    AMAZING INTRO

  • @lifeslooker
    @lifeslooker Месяц назад

    moving might not be an option/ viable but can use the other means to make money and be profitable - awesome education here. well delivered and explained

  • @ambaasia8200
    @ambaasia8200 Месяц назад +3

    Banking systems will collapse

    • @Krypto_Knight_33
      @Krypto_Knight_33 Месяц назад +1

      Yes I think so too. I think there’ll be an unstoppable domino effect by the end of this decade.

    • @Sjyaker
      @Sjyaker 21 день назад

      Yes and no. Either this year or next year CBDC will be "installed" and present currencies will be terminated, i.e. illegal to be used. You own nothing..........

  • @jameschua7591
    @jameschua7591 Месяц назад

    Groovy!

  • @All_incrypto2024bulls
    @All_incrypto2024bulls Месяц назад +2

    Facts

  • @ahmadbahrani6390
    @ahmadbahrani6390 Месяц назад +1

    Great

  • @myvishan
    @myvishan Месяц назад

    The paper money 18:45, my grandma has some of those notes back home, those are romanian denominations.

  • @patrikjansson1173
    @patrikjansson1173 Месяц назад +1

    Ah, guy at his best. Great vid.

  • @Unisoft-data
    @Unisoft-data Месяц назад

    Those 7 metrics are great!

  • @emmybest8306
    @emmybest8306 Месяц назад

    Nice

  • @MetalForBreakfast
    @MetalForBreakfast 26 дней назад +1

    Bitcoin smashes every single one of those metrics. Its the perfect reserve currency.

  • @romandothenation
    @romandothenation Месяц назад +1

    i like this

  • @user-gx2hu4ww1c
    @user-gx2hu4ww1c Месяц назад

    Lyn is great. You could also take smt from Rothbart and Graeber to broaden things.

  • @riffcaster
    @riffcaster 25 дней назад

    Beaches were the first Gold Mines.

  • @drippy.mcflip
    @drippy.mcflip Месяц назад +5

    Guy Sensei !😲last week, you promised an in-depth video about Bitcoin Runes would air in the same week but you never released it 😞

  • @jwatson9732
    @jwatson9732 Месяц назад

    6:47 That's a Watchtower Society painting if ever I saw one lmao

  • @BandiMasha
    @BandiMasha Месяц назад

    My word, Mr Motivator has let himself go.
    Best promo vid yet. Well done Guy and the team 😂😁👍

  • @helenefalk500
    @helenefalk500 Месяц назад +1

    Thanks for the nice video. I do have to disagree however with Lyn that money is a ledger. Perhaps the best synopsis of money was written by William Stanley Jevons in 1875 called "Money and the Mechanisms of Exchange" (a free download by the way). An excellent read even if it is dated. In that book Jevons puts forth the 4 phases that are needed for sound money to form. The Phase 1 is decorative, people must want the item for its decoration like with gold, silver, and many assets like rare paintings, rare hockey cards, rare sculptures, and rare classics cars for example. Phase 2 is a store of value which rare paintings, hockey cards, classic cars, gold, and silver all fit into. Phase 3 is a transactional currency which is not possible for a rare painting, classic car, or hockey card because those are not divisible. But gold and silver are divisible, as is Bitcoin. And Phase 4 in case your interested is a unit of account. Once an item passes thru all 4 phases, it is sound money. Note that fiat currencies are not sound money because they all start out at Phase 3 without passing thru Phase 1 and 2. As such all fiat currencies fail.

  • @yobroh0
    @yobroh0 Месяц назад

    Lens flare got stuck on stock footages. I suggest cleaning the editor with fiber cloth🤧

  • @blackryan5291
    @blackryan5291 Месяц назад

    3:30 - 😂3:46 - 🤣I'm dead. I'm freaking dead

  • @user-cg3qj3bj9c
    @user-cg3qj3bj9c Месяц назад

    Wow

  • @simbol5638
    @simbol5638 Месяц назад +1

    6:17 WTF is that???

  • @nickspizza3197
    @nickspizza3197 Месяц назад

    Also, there is money of account and money of exchange.

  • @user-gx2hu4ww1c
    @user-gx2hu4ww1c Месяц назад

    Nice video. I don't know however if you should continue to do Schwarzenegger and Michael Jackson clips...

  • @jordanw2009
    @jordanw2009 Месяц назад +1

    Surprised you haven’t been trying to get out of GB 🇬🇧

  • @wormwood6424
    @wormwood6424 Месяц назад

    People give value to currency. If people feel that there is value in any currency people will choose that particular currency.

  • @johnrobertson4809
    @johnrobertson4809 Месяц назад

    I'm glad to see the light hearted acting is back. 😅

  • @darek795
    @darek795 9 дней назад

    Sea shells are quite abundant ? So how they kept its supply under control.

  • @kingadventurious5945
    @kingadventurious5945 Месяц назад +1

    wheres the link for game theory please

  • @JaredFarnum
    @JaredFarnum Месяц назад +4

    No. The answer is not to move to a country that uses the US Dollar. The US Dollar is doomed and doomsday is coming.

  • @Appleloucious
    @Appleloucious Месяц назад +3

    Better watch Hidden Secrets of Money by Moke Maloney (:

    • @rookie_
      @rookie_ Месяц назад +2

      Mike Maloney? Pretty much ahead of everyone else by about three months during the pandemic together with Dr John Campbell. He has also has interviewed Lyn a few times ;-)

    • @Appleloucious
      @Appleloucious Месяц назад

      @@rookie_ Oh yeah, Mike not Moke XDD

  • @Andrew-mk7rm
    @Andrew-mk7rm Месяц назад +1

    Every person in the world should watch this video and wake the fuck up.

    • @SAL-fs1mr
      @SAL-fs1mr 20 дней назад

      Get Bitcoin at all cost. Even by selling all your altcoins.

  • @CarpeDiemPatricia
    @CarpeDiemPatricia Месяц назад

  • @Fiverraccount-br8ci
    @Fiverraccount-br8ci Месяц назад

    wow

  • @ontoitj
    @ontoitj Месяц назад

    Omg no

  • @Alina-ws6ob
    @Alina-ws6ob Месяц назад +1

    So money is a valuable substance like gold or real estate and currency is like a shadow - paper money?💴

  • @AhmedOnWeb3
    @AhmedOnWeb3 Месяц назад +2

    🔔

  • @steviejazzygee
    @steviejazzygee Месяц назад

    Very interesting talk, one of the best on this subject. I have a question though: why would the most powerful people default on their trillions of dollars of debt if the money supply continues to contract ?

  • @at9048
    @at9048 Месяц назад +3

    The Medici Family invented double book keeping.

    • @pawkie2
      @pawkie2 Месяц назад +2

      Luca Pacioli

    • @at9048
      @at9048 Месяц назад

      @@pawkie2 the Italian mathematician?

  • @jullev6709
    @jullev6709 Месяц назад

    blilliant spot 😂