The Crypto Future: Rising or Retreating?
September 4, 2025
Host: Hon. Sam Rohrer
Guest: Matt Szina
Note: This transcript is taken from a Stand in the Gap Today program aired on 9/04/25. To listen to the podcast, click HERE.
Sam Rohrer:
Hello and welcome to this Thursday edition of Stand In the Gap Today. Now in the book of Deuteronomy, which I refer to quite often for various reasons, but in the book of Deuteronomy and numerous other places in scripture, God makes it clear that national blessing, national blessing comes from the hand of God alone. Now in Deuteronomy chapter 28, God describes for the nation of Israel of old and by application to all nations with ears to hear that true blessings, the true blessings of liberty, which then leads to freedom, good health, security from the enemy, respect from other nations, victory in battle and economic greatness would come only from him. Now, in much of Deuteronomy 28, 1 through 15, in that section in particular in other places as well, God makes it clear that these divine blessings that I just cited would be intricately and are intricately linked to two divine requirements.
The first is to fear God. Secondly is to keep God’s commandments meaning living life, the people living their lives and the government making laws that were reflective of obedience to God’s commandments regarding truth, moral law, and humility before him. Now in America, we once attempted to follow God’s prescription for blessing and he blessed us over and above our founder’s imagination. But that relationship with God as a nation and our people changed long ago as we incrementally became proud, ungrateful, and unthankful, which is what God said other places of scripture were the requirements for fearing him. If we came proud, ungrateful, and unthankful, we wouldn’t fear God. Right now, turning our back on God, we ignored him. We redefined the truth, we subverted justice and we upended the purpose for government. We see that being worked out all around us. Now we only need to look around and note our deteriorating condition of physical and mental health, our role reversal from the world’s lender to the world’s largest borrower and the largest debtor nation in history.
And where justice is corrupted and truth trampled just as God said it would happen. Yet we continue to deceive ourselves led by our political and religious leaders that think greatness can be purchased and economic greatness regained through clever human negotiations and shrewd political pragmatism despite its sharp defiance to God and his unchanging requirements for national blessing. Yet money and finances remain a reality of human civilization and a centralized global system emerging commandeered by ultimately the antichrist himself and controlling of every economic decision by every citizen in the world. That is what’s coming. The Bible tells us that now one of the new financial strategies promoted by the current administration in particular is what’s referred to as cryptocurrency. It’s not just him, but it’s around the world. But with the recent passage of the Genius Act, cryptocurrency is further advanced. So how should God fearing people think about our changing money system and specifically crypto in our changing global and domestic financial system?
Well, today I’ve asked back Matt Szina, with whom I have taught crypto digital currency and more several times over the past three years or so, Matt’s trained in mechanical engineering and laser scanning for reverse engineering. He travels extensively and trains the best in the military and in private industry. But since 2017, he’s also become an expert in crypto and a person who I found to be excellent, thorough and grounded in truth. He’s not a financial planner. He has no ax to grind, nor is he linked to any financial entity. So his comments and mine today should not be regarded as official financial advice. Now that being said, the title I’ve chosen to frame our conversation today is this, the Crypto Future Rising or Retreating. And with that, Matt, welcome back to the program.
Matt Szina:
It’s great to be with you again, Sam. Thank you,
Sam Rohrer:
Matt. I gave a longer introduction than normal just to set the stage here, but here’s my question to you. Is crypto rising and will it remain as a viable form of currency or is it possibly in a retreat mode? And then give some of your best evidence, support it as to why or why not.
Matt Szina:
Alright. Hey, there’s a little phrase that people say when it comes to disruptive technologies. It goes like this. First they ignore you, then they mock you, then they fight you and then you win. And I think I can report today that crypto has won. It’s been through all four of those stages and interesting that you should use the word is it rising or falling? Because it is rising almost back one year to the date of this program, the crypto market, after several lack Lester, months after the Bitcoin having started rising in value last year at this time Bitcoin was about $57,000 a piece. Currently Bitcoin is right around 110,000 per Bitcoin. So had you invested a year ago at this time, you’d be very happy with your results. Other things that are causing Bitcoin to ride that have happened over the last year. We talked in our last program about Bitcoin ETFs and Bitcoin ETFs have set the record for the fastest, the 50 billion and 80 billion in assets under management.
And that’s mostly at BlackRock, but there’s 11 different Bitcoin ETFs out there, other things that cause the price to go up and will be causing the price to go up. Bitcoin can now be used as collateral for getting a mortgage that was not possible before just recently. And banks are being forced to join the crypto ecosystem. I don’t know if you remember a link I sent you a while back about JP Morgan Chase is now in a partnership with Coinbase and connecting your bank account directly to your crypto Coinbase wallet. That’s going to be a big thing. There’s going to be Bitcoin and Ethereum supply shock. And there already has been really, I mean over almost 20 million of the 21 million Bitcoin has already been mined, right? And the companies and countries are out there buying it up like crazy. And even more shocking is what has happened recently with Ethereum, which is the second highest market cap cryptocurrency out there. A lot of companies are creating for themselves Ethereum reserves. And one of the reasons why they’re doing that is because Ethereum has what’s called staking, which means you can basically earn more Ethereum by holding Ethereum. So as long as you hold it, you’ll keep on increasing the value of your account over time.
Sam Rohrer:
Okay, Matt, I’m just going to jump in right now just because of time, but ladies and gentlemen, if you’re just tuning in, we’re talking about the crypto future rising or retreating cryptocurrency. You may or may not own cryptocurrency, Bitcoin or Ethereum or something else, but it is being perceived and it is being held and embraced by governments, by Wall Street, by all kinds of people. When we come back, we’re going to go further and say what’s causing it to accelerate? Well, if you’re just joining us today, our theme is this, the crypto future rising or retreating. We’re all hearing about crypto. Some of you listening actually may own some cryptocurrency, Bitcoin, perhaps it’s perhaps the best well-known of all. But with the emphasis by the Trump administration and frankly around the world, it is becoming more of an issue. Therefore, it’s important that we understand.
Now, my guest today is Matt Szina. He’s not a financial guy from the perspective that that’s not his line of work, but he has become an expert. I have known him for some time and we’ve had much discussion and he’s been on this program several times over the past several years. If you go back and pick up those programs and look at them in context to today’s program, you’ll find out that they were spot on. And so I want to continue in that theme today as we go further here, talking about crypto. Now, since the rise of the first nation in human history, whoever that was, there was some form of money, some form of money was established and it has been in every nation. Why? Well, to facilitate economic transactions, to make life possible, to buy and sell things. That’s just the nature of the way we’re constructed here.
Now, historically and biblically, gold and silver, because of their intrinsic value, limited value, it’s valuable itself. It doesn’t tarnish those kinds of things that scripture would talk to. They were taken and made into coins that became money and was often the money of choice. The country with the most gold and silver then became the nations with the most power. They became the richest nations in times of Israel. If you recall, back in those days when Solomon ruled silver and gold became so plentiful that it was almost taken for granted. But it was also at that point Israel was the wealthiest nation in the world because of what God had done. Now, at times, a nation like America, our own nation chose to begin printing paper money. And there’s often reasons for that. Allegedly for convenience sake, you don’t have to carry around a bag of gold.
You can put dollar bills there, whatever the Indian. So anyways, but they were indexed to gold or silver, which was held in reserve so that there was some relative value to them associated with it. Originally those referred to as gold or silver certificates and were actually redeemable for actual gold or silver. Now today we print dollars by the trillions, $37 trillion in debt right now. And frankly, no one really knows for sure if there’s any gold or silver actually in reserve to back it up. And that’s part of the problem. And what’s driving transition, financial economic transition around the world. And that’s why we’re talking about crypto. It’s a form. Now, Matt, for any monetary system or money to be desired and valuable, it must meet the test of what is often referred to as sound money. In other words, does it meet the basic for sound money? That’s why I’m asking about crypto reliable and trustworthy paper money, Fiat money referred to is not because they can just take and print more and more of it not linked to anything which is happening today and why the value of each dollar becomes less and less. So what are the core essentials of sound money and does crypto actually meet that definition?
Matt Szina:
Well, I have a list of six characteristics of sound money here. One is durability, portability, DI visibility, uniformity, limited supply and acceptability. And I would add one to that fungibility. And what I mean by fungibility is if you’re using US dollars, if I give you a $5 bill, you don’t have to give me the exact same $5 bill back. You can give me any $5 bill. But these other characteristics are certainly important and people much smarter than I, Sam, have called Bitcoin the best money on the planet that has ever existed. So I don’t know how I can really add to that other than to say at this point it certainly looks like it has a good advantage to be excellent money.
Sam Rohrer:
Alright, so you’re saying sound money, it’s an accepted medium of exchange. It’s got to be scarce, it’s got to be limited in supply. That’s kind of what you were saying. I cannot be arbitrarily created like now printing of dollars. Alright, there’s other things that you talked about, fungibility, you can trade that and it’s recognized. Okay, so there are some basic things that sound money has always been and will always be. And there is unsound money, which is the opposite of that. So going further, what are the factors or factor or current conditions that in your opinion are accelerating the consideration of cryptocurrency like a Bitcoin? Why is there such interest and why has the value Well, more than doubled from the time we talked here on this program about a year ago?
Matt Szina:
Yeah. Well I didn’t quite get to it because of time, but I think the biggest reason, the biggest thing that’s happened over the past year to send crypto on its way upward is there were 180 degree reversal of Donald Trump on crypto. He used to think that crypto Bitcoin seemed like a scam, but now the Trumps are all in on crypto. And unfortunately or fortunately for us, they were forced into it because they were banked by quite a few different banks and they were kind of forced to look to crypto for a place to put their money. Other things that Trump has done to increase the interest, increase the price. He promised on the campaign trail that he would get rid of Gary Gensler, who was what I think was a very bad leader of the SEC. He’s turned the SEC from a negative on crypto organization to a pro crypto organization, which is really good.
He’s created the strategic Bitcoin reserve and the digital asset stockpile. What else do I have here? Yeah, he’s pushed the legislation of the Genius Act, the Clarity Act, and the anti CBDC Act once all these three bills are passed and the only one that’s passed so far is the Genius Act. They’re going to create a regulatory framework that will make very large institutions who want to invest in crypto feel very comfortable investing in it because now they know exactly what the rules of the road are. And one other thing Trump said he is going to push for no capital gains on American created cryptos, which I think would be incredible.
Sam Rohrer:
Alright, that would make a big difference without a question. And in the next segment, Matt, I’m going to ask some further questions. We’re going to go further in regard to the Genius Act. So ladies and gentlemen, stay with us on that because if you’ve noted or read about the Genius Act, it’s involved in a thing called stable coin. Alright? And we’re going to talk about that and how that connects to our discussion here. So Matt, basically what you’re saying is that at this moment in time that the Trump shift has caused public perception to change in regard to crypto. The Genius Act is going further, which has changed that those are things that are accelerating what’s happening to cryptocurrency and things like Bitcoin. Now, what factors or current conditions do you think are existing that are there that act as decelerators or limiting or perhaps cautionary considerations that are maybe restraining a little bit the advancement of cryptocurrencies like Bitcoin?
Matt Szina:
Well, I have two what I think are my biggest here, but I was just thinking of another one. People are afraid of crypto and we can talk about that a little bit more down the line. But part of that fear comes from, apparently over the past year there was a lot of hacking going on, which I didn’t really pay attention to. So apparently it was pretty widespread that there was a lot of hacking going on. And also the other thing would be politicians who favor the legacy financial system. For example, Elizabeth Warren. Elizabeth Warren has been trying her best to stop the Genius Act, stop the Clarity Act, things like that. So those would be my biggest would be politicians that could put an end to it somehow by law or by, if somebody would ever figure out a way to hack Bitcoin and cancel just one transaction, I think that would cause a huge problem.
Sam Rohrer:
Alright, so that would make sense. We don’t have just about a minute left, but because Bitcoin and crypto is a part of the internet of things, it exists out there. It’s not in your hand, you don’t hold a Bitcoin in your hand, it’s out there. What in your opinion, makes it so that it is not hackable?
Matt Szina:
Well, it’s the algorithm that it’s written on and the thing that makes it really hard to hack Bitcoin is the more people that mine Bitcoin, the more difficult it gets. So compared to what it was way back in 2009 or 2010, it’s way harder to do anything to the Bitcoin network than it would’ve been back then and nobody was able to do it back then. I think that’s probably the biggest reason is that the more people mine Bitcoin, the harder it gets to crack that network.
Sam Rohrer:
Okay, we’re about done mining because it’s limited, right? Which also is what makes it part of sound money. Am I right?
Matt Szina:
Yes.
Sam Rohrer:
All right, we’ll get into further into that ladies and jump because you probably wonder, all right, well what is Matt talking about there? The mining in past programs, we’ve defined what it means to mine Bitcoin. It’s not the same as mining gold and silver out of the ground. It’s not that it exists differently, but it does meet that criteria, which is why some of the very best are saying that the most sound of currencies would be your crypto and gold and silver linking them together. When we come back, we’re going to talk deal with now some common questions regarding crypto.
Well, Matt, let’s go into some common questions now. There’s so much more we could say. I’m skipping defining everything again and going to that we’re entering into this discussion assuming a level of understanding on this matter of crypto at the beginning and tried to tie it into the broader aspect that there is a global financial reset that is underway. We can see it happening. It’s happening around the world. It’s happening right here in the United States being driven by a significantly weakening US dollar, the challenges that are coming because as we sit 37 trillion in debt, other nations of the world who have been buying our debt, making it possible for us to continue or refusing to buy our dollars, and it’s creating an increasing circumstance of concern. And into that comes crypto as an alternative. So a couple of things that are happening is that ladies and gentlemen think about this.
I’m not going to go into fuller detail, but by definition, banks today are insolvent. That means they cannot deliver, they don’t have reserves on hand, they’re insolvent. By definition, the Federal Reserve is in the mode right now of shrinking its balance sheet and I want to get into all the definition on that, but that’s making big changes. Commercial loans are about to collapse and there is now evidence of a multi-trillion dollar fraud perpetrated by local schools and municipalities over the years through a corruption and a relationship with property appraisers to intentionally inflate the value of home prices to increase the amount of property tax that are due. That’s coming out of Texas and that’s actually entering for the courts. That’s a very recent thing. It’s a big deal though. But the bottom line is that as a nation, we’re staring at a financial crisis like 2023.
It was smaller, 2008, much bigger. And as a result in the middle of this, the value of gold and silver is literally going straight up. And that brings in crypto. And Matt, as you said, crypto is going straight up as well with Bitcoin itself, nearly doubling the last year. So here’s the question. With the shrinking value of the US dollar driven by our overspending, and everybody knows that’s exactly what’s happening, the rise of the Brix nations, Brazil, Russia, India, China, South Africa, who are seeking to replace the dollar, there are significant changes in global finances all over. A reset is on its way in its transition. Now into that, the question is crypto as we’ve talking about it, is it in fact a legitimate replacement for the dollar or the basis for a new global currency? And maybe not necessarily a total replacement, but a partial. But what do you think?
Matt Szina:
I definitely think Bitcoin will, and this is just my opinion, I think it’s going to be a reserve currency of the world, whether it’s the only one, I don’t know. But people are predicting Bitcoin’s price to get up just very soon to 250,000 and within a few years up to 1 million, 3 million. They really don’t know for sure how high it could go. If it gets up that high, it could definitely be at least a reserve currency of the world.
Sam Rohrer:
Alright, so those are numbers that people just can’t get their heads around, but in any regard. Okay, so that, let’s go to another question. You mentioned in the last segment, the Genius Act. I had to cough there ladies and gentlemen just a minute, but Congress passed recently what is called the Genius Act, where this is an attempt to help shore up the US dollar because ladies and gentlemen, what’s happening is that because other nations like Japan and China and others who have bought our debt, bought treasuries, they’re not doing that anymore. They don’t want to own any more dollars. It’s making it so that the dollar becomes increasingly worthless. That’s a problem for our government and for all of us. So in this genius act, it creates what is called stable coins. So here’s the question, Matt, our stable coins in the Genius Act, are they the same as crypto? And if not, how do they differ?
Matt Szina:
Well, the answer is yes and no. They are cryptocurrencies. Part of the problem where they differ is they’re not generally not as decentralized as some of the other cryptos might be, and therefore they’re easier to control the transactions, which of course is a stipulation of the Genius Act. They want to be able in your new stable coin to be able to have those things frozen or turned off or have transactions canceled. I assume you’ve broken some law, some financial law that they want to accuse you of. So that would be the one difference is they’re not quite as and generally not decentralized at all. They’re generally controlled by a private company. They’re not government controlled, but the government still wants to be able to say when you can and when you can’t use them.
Sam Rohrer:
Okay, I’ll come back and tie this into that. Let’s go further onto that. A stable coin, according to the Genius Act must be linked. It says it in the act itself. It must be linked to US dollars or treasuries not linked to gold or silver, not linked to the algorithms of a Bitcoin would be where there’s only a certain amount they can link them to the dollar and therefore the goal there is that private companies like an Amazon or whatever company it would be could issue, these people would buy them, but they would have to be linked to the dollar to help shore up our dollar because other nations are not wanting to buy our debt. So basically people are buying our debt if it’s linked to the US dollar. Now here’s the question to what is crypto like Bitcoin linked? If something happens to the dollar, what then happens to the value of Bitcoin or crypto?
Matt Szina:
Well, we talked about that just a few days ago, and I was thinking about that Bitcoin is not linked to the dollar, it’s not linked to any currency, but if the dollar goes to zero, I can still cash out my Bitcoin and Euros or yen or some other currency. So even if the dollar would go down, it wouldn’t necessarily mean Bitcoin is worth nothing. Now, if all currencies all over the world went down, my guess is somehow they would link it to gold
Sam Rohrer:
And that would make sense because it is there. But the point what you’re saying is that crypto right now is redeemable. If you did not want to redeem it, for instance, whatever in US dollars, you could do it in the Yuan, you could do it in Euro, that’s what you’re saying. So there is a place to go. But the stable coin, if what I am perceiving is written reading, if it is linked directly only to the US dollar, if the US dollar goes down, the value of that stable coin goes down, there is a direct linkage. So to me, I would look and say the stable coin would actually be less, I don’t want to say valuable is the word, but than for instance a crypto Bitcoin. Is that how you see it?
Matt Szina:
Well, yeah, nobody really needs stable coins. That’s the crazy thing about it. I mean, I can pay you a Bitcoin, I can pay you an XRP, I can pay you pay and whatever crypto I have, I don’t need to convert it to a stable coin in order to pay you or pay off a debt.
Sam Rohrer:
So then as you would look at it, what is the attractiveness of a stable coin? If somebody wants to be involved in a crypto, a digitized currency, one is more trackable, the stable coin, the other is a Bitcoin or an Ethereum that is not trackable at this point. Why would they go to a stable coin?
Matt Szina:
Well, it’s not correct that Bitcoin and Ethereum are not trackable. All cryptos really are trackable on the ledger. Now that’s public. Anybody can look at it. The only reason I have ever wanted a stable coin and most the other people in crypto is sometimes say you own Bitcoin or Ethereum and you see the market going down and you don’t want to lose value, you cash out into stable coins and wait for the market to stabilize and then you buy back in. That’s pretty much all anybody has used stable coins for over the past 5, 6, 7 years I’ve been involved.
Sam Rohrer:
Alright, so then that would just be part of an overall financial strategy, but probably not something that the average person would do. That’s something that more larger investments might do.
Matt Szina:
Maybe. I mean I think the whole thing is just, it’s not a horrible idea what they’re doing, I don’t think. But they’re trying to prop up the US dollar by doing this because they want foreign entities to purchase our stable coins so that essentially they would be purchasing treasuries at the same time without actually purchasing a treasury.
Sam Rohrer:
And see, I think that other countries frankly are smart enough to know that if they don’t want to continue to buy treasuries, which is what’s happened over the time, but they’re not now doing, why would they want to just do something else, which is also buying treasuries indirectly that I understand. But in any regard, ladies and gentlemen, you get the idea, there’s a lot involved and hopefully what we’re discussing right now is not so removed from reality that you’re turning things off. But this is the kind of discussion that we all need to consider because in the end, a change in currency and money is happening and it’s going to happen, it’s moving to digital and it’s going to put everybody in a matter of what to do. We’re going to conclude with basic saying. What do we do?
Well as we go into our final segment now and kind of conclude with saying right now what do we do? What does the average person do in regard to a changing monetary system, which we can clearly see. And in response to crypto currency, which we’re hearing about or stable coins as a part of the genius act, all of these things that are out there within the financial system that’s a part of some transitions being made, what do we do? Alright, so we’re going to deal with that here in just a moment. But again, I want to thank all of you for being a part of today’s program. Again, on this program we try to deal with headline news. This issue we’re talking about today, crypto is every bit of being in headline news, but likely, and I listen to a lot of things, I’ve not heard anybody deal with what we’re talking about as practically as we are here on this program.
And I thankful to Matt Chena for spending some time here with me today as we walk through this. And again, what we’re saying here is not intended to provide financial consultation or official advice because Matt’s not a financial planner. He’s not able to do that. I can’t do that. So these are our opinions, but shared as best we can on an item that for most people tend to be like, oh, I don’t understand that. I don’t even know how to approach it. That being in mind, in reality as we speak here today on this program, the entire world, as I’ve said before, is in the process of economic transition, it is money, the value of money, the means of monetary transactions are changing. You’ve heard many references to the fact that going to do away with cash or there’s a lot of effort on that of tracking economic transactions and there’s a lot of that already happened.
Tying it to biometrics and ultimately going into a store and you’re not going to have a credit card anymore. You can use your phone. All these kinds of things we’ve talked about before. It’s happening. How it ultimately works out. We don’t know exactly the form, but we do know biblically that it’s going to end up, that the entire world will be connected to some type of a system that will allow centralized to control the antichrist will be the one who will probably commandeer, not come up with it, but commandeer the system and ultimately be able to track it so that individually they can centrally determine whether or not somebody buys or sells. Now that we know from scripture, all the things we’re talking about are probably bits and pieces of how that system is developed. But nonetheless, things are changing. The US dollar driven by an uncontrolled congressional, I can say US government led theft has stolen nearly all of hardworking American savings through inflation.
The dollar is now worth about 3 cents or 37 trillion in debt. It’s unsustainable. We’re just hanging on. It’s gasping as we speak. And inflation is continuing to eat away the remaining value. You see that every time you go to the store. And in these days, bankers and government officials and billionaires and oligarchs are moving to consolidate their positions so that in the transition however, it ends up that they own more and the people own less. That’s just the way it is happening. So what do we do, Matt? We focus today on crypto, so let’s stay on that. We could go much broader, but since most people can’t, I’m going to say or won’t perhaps own crypto, how should people consider crypto as a medium of exchange or money? I mean, can the average person actually do something about that? Most are not, but what are your thoughts?
Matt Szina:
Well, most people don’t own crypto because they’re kind of afraid of it. It just seems like it’s way too complicated. And to be honest with you, I can’t really blame them an extremely difficult market right now to be a part of. And if I could tell you some of the things that have happened to my crypto account over the years, it’s really volatile, but I can only tell people what’s my opinion about crypto? And that is that, I’ve said this on the program before, I think it’s going to be a financial life raft for people if there is a financial crisis. But on a more personal level, it’s been the best investment I’ve ever made. Now, if people are interested in buying Bitcoin, keep in mind that you do not need to purchase an entire Bitcoin to own some Bitcoin is divided into a hundred million parts called Satoshi. And you can buy a hundred Satoshi, you can buy a thousand Satoshis or a hundred thousand Satoshis if you want just to have some Bitcoin. So that’s one thing that might make people less afraid to buy it, that they don’t have to purchase an entire one for 110,000.
Sam Rohrer:
Alright? So whether a person has a hundred or $250 or a thousand or 2,500 or whatever it may be, you can get a portion of it by doing what you are talking about. And we can’t get into all of that, but it really is not difficult. I have actually bought and sold some crypto and at first it was, oh, how do you do that? But then it really becomes quite easy, but it is something that’s happening all over the world. And so are you finding it not coming as something that’s day by day more often done by more people?
Matt Szina:
Well, what the kind of holy grail will be to getting people into the market is to make dealing with crypto as easy as going to a website or making some simple transaction on Amazon right now you have a lot of private keys, public keys, passwords, all this kind of stuff and it just makes people a little bit nervous about getting into it. But once they make it to the point where you don’t even really realize behind the scenes there’s a crypto transaction going on, that’s when people will really kind of dive into it, I think.
Sam Rohrer:
Okay, so at the same time that that’s happening, as you said from the beginning, crypto is increasing in value as the problems with the dollar incurs and the global financial reset is kind of incrementally happening. Gold and silver is also increasing. Just the other day I was listening to somebody very reliable who for the first time really said gold, silver and the Bitcoin or crypto kind of put ’em all together because they met the definition of sound money. So sound money really is the goal, isn’t it?
Matt Szina:
Absolutely. And like I said, people much smarter than me think Bitcoin is the best currency that’s ever existed on the planet.
Sam Rohrer:
Well ladies and gentlemen, we will find out. Matt, we got about one minute left. Anything else you’d like to get in here today before we bring the program to a close?
Matt Szina:
Well, let me just say this one thing I’m really puzzled about the price of gold. Gold as to why it is as high as it is because we mine as a world 3000 metric tons of gold a year, which is an awful lot and I just can’t figure out why the gold price keeps going up. So that’s one of my big mysteries in life. I
Sam Rohrer:
Bet it is also one of those things that central banks all around the world, China has jettisoned for instance, a lot of US dollars and they’re the biggest buyers of gold. So many people are thinking that the Brix nations and others are going to actually use gold reserves, perhaps in combination with some crypto as the new replacement currency. But ladies and gentlemen, anyways, we’re out of time, but these things are happening. Sound, money, you’ve got to be able to depend on what it is you have. And so things are changing. But anyways, hopefully today this program has been helpful to you. And if you go back and you were to search on Stand in the Gap radio.com or on our Stand in the Gap app for economics or even put in Matt’s name, Szina, his last name, you’ll the previous programs connect that with this one. And I think you’ll have a very, very good understanding of cryptocurrency, where it’s going and why.
Recent Comments