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

The "What is Money?" Show
The "What is Money?" Show
Episode • May 13, 2023 • 1h 9m

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 
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Website: https://beyondgoldandsilver.com/

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// 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 

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