Myles Wakeham is a millionaire, more specifically a 3-time millionaire. He’s lost and made his wealth back 3 times on an epic financial journey. We are going to dive into that as well as what he recommends for new investors and what common mistakes to avoid. Myles who is originally from Australia who has made, lost and made again multi-millions. He’s detailed his journey and knowledge in a book coming out this year on what he refers to as "Financial Sustainability" - a way to grow wealth organically by living a frugal and simple life which as many of you know, is exactly what I attest to. **Timestamps:** *00:00 Intro 00:42 Tell Us About Yourself 03:10 When Did You Get Into Crypto? 30:00 Bitcoin Halving Cycle Or Speculation? 38:20 Centralizing Ownership 46:40 Inflation & Economics 57:30 Is Real Estate King? 1:03:42 Will We See Another Correction? 1:07:14 Best Investment To Start With 1:12:30 Investing Vs Speculation 1:21:23 What Warnings Can You Share? 1:27:30 Myles’ Book & Website 1:28:45 Outro* **These are some of the questions we went over:** • Can you tell us a little bit about yourself? • How and when did you originally get into cryptocurrency • What is your general approach to investing? • What are some good rules or guidelines to investing to live by? • What are some mistakes you see a lot of people making or any misconceptions they have? • You’ve managed to make millions and lose millions, can you share the stories around the three times you did this? • What does it take to become a millionaire and what can people do today to start their journey? • Tell us a bit about your book on The Art Of Financial Sustainability • Tell us a bit about your website Beuncontrained.com • Do you have anything else in the works currently? What have you been doing over the past couple of years? • What is your favorite asset class to invest in? • What is your Bitcoin price prediction for the end of 2021? • Are you still investing in cryptocurrency? What is your main focus today? • So where can everyone go to learn more about this? Check out his website www.beunconstrained.com for more information and to learn more about what he’s doing. What do you think of Myles’ approach to finance? What was the biggest takeaway you got from this conversation? Let us know if you have any further questions on (company) in the comments below and don’t forget to like and subscribe as well! **This is a LBRY first video meaning it shows up on LBRY before it gets published anywhere else. **If you’re not on LBRY, sign up and get started here: https://odysee.com/$/invite/@ScottCBusiness:4

The other day someone said to me, if you succeed, it's just luck. I told them if you succeed and you didn't work hard, then it was luck. But, when you put in work and effort to achieve something, that's called results. I only say this because I want people to succeed and you can't if you leave it up to luck. If you believe in luck, luck is then required to succeed. When you believe in yourself, luck is just another variable. Some entrepreneurs will joke and say, the harder you work, the luckier you'll get. Let me know what you think in the comments below! ? Check out all my social platforms and relevant links ? http://www.scottcbusiness.com You can support me via ? ETH: 0xE0d930a0aa8e57e037D749a868ade5682a34e88e BTC: 3Bh49RK9GM6Q15a6q13MMfvMbrWihJMast LTC: MRLLJe9Fywxq1f9ehjDDZNT8ar7MKx3ZS1 paypal.me/scottcbusiness https://www.subscribestar.com/scottcbusiness #luck #motivation #philosophy ... https://www.youtube.com/watch?v=X9I_mL0Kq2k

The question we aim to answer today is how safe and stable are stablecoins? We will be covering Central Bank Digital Currencies or CBDCs and the future of stablecoins in this episode. We will get into the future of stablecoins, the concerns around them, and what Central Bank Digital Currencies or CBDCs are and how they could impact crypto In summary, CBDCs are a way for central banks to create and manage stablecoins for sovereign countries. By utilizing blockchain technology they can create a better digital currency than what they currently have that allows them more control and oversight as well as offering more liquidity between fiat and crypto markets. Let’s break that down because this will be both good and bad for crypto. It’s become more apparent to me that the international banks of settlements allowing for cryptocurrency reserves such as Bitcoin could have really been a way to start introducing CBDCs to the banking industry. I believe this is similar to bullish events like Paypal selling crypto or Robinhood however, just like those centralized entities who wanted to further centralize cryptocurrency, CBDCs will do the same. The Pros of CBDCs Currently we rely mainly on third party entities to audit and control widely adopted stablecoins like USDC or USDT. While they are just as centralized as banks, they don’t have the same trust or legitimacy, nor any insurance protecting users. So, CBDCs in this aspect, would be very good if covered by FDIC insurance and you can rely more on them to keep good accounting. This would also provide a massive amount of liquidity for crypto users given they allow you to freely invest in the open market. If banks transitioned their customers into cryptocurrency this way, everyone would have access to the crypto markets with very little resistance which they currently run into now. Combining our regular financial system with our investing all under one financial ecosystem would simplify everything and make financial services more efficient. The Cons of CBDCs There is a clear push by financial authorities like Paypal, the banks, and other payment processors to centralize cryptocurrency without actually having to do so. Paypal did this by only allowing you to buy or sell and not to transfer or spend your crypto meaning they would always be in control of the actual asset. Maybe banks will let us buy crypto with our CBDCs but then they will only let you hold that crypto in a bank controlled crypto wallet. Even beyond that, giving more power over cryptocurrency to central banks just never mixes well. Imagine a future where your taxes are automatically calculated based on your blockchain activity and withdrawn from wallet automatically with some smart contracts. The level of control and ability to enact massive changes with monetary policy could be greatly amplified with blockchain. You might ask well why can’t we do this with our current digital cash systems? Well, as we have seen in the past 2 years, they are very fragile. In Canada, it took a lot of effort for them to track down wallets and blacklist crypto as well as bank accounts. If this were all under one system with CBDCs, it would have been much easier and faster to roll out. Not only that, but our Interac services went down with half of our telecommunications which included many banking systems. This really shows that our current system isn’t that great and while this will be promoted as an upgrade, it’s mainly an upgrade for banks, not for you. We already can see how poorly a job the Federal Reserve has done in managing inflation and the US economy over the past few years, so something like this would only amplify that even more. Lastly, I’ll note that this may be very bad for commercial banks who won’t be able to compete or will be forced to hold the central banks’ stablecoin and thus give them more power over commercial banks. Before we finish this off, let’s cover some examples shared here: https://www.euronews.com/next/2022/03/09/cbdcs-these-are-the-countries-are-using-launching-or-piloting-their-own-digital-currencies • The Bahamas – Launched the Sand Dollar • Nigeria – Launched eNaira • Eastern Caribbean Currency Union – 7 countries in the Caribbean adopted DCash There are many others who have pilot projects or have CBDCs in development. You can check out this tracker to see how countries around the world are adopting it and what phase they are in: https://www.atlanticcouncil.org/cbdctracker/ and according to Deloitte, about 90% of countries are considering CBDCs in some way shape or form. *Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated* Let me know what you think about this in the comments below and don’t forget to subscribe! ~ Sponsors ~ - This video was sponsored by CakeWallet

Hey everyone, be sure you are wary when accepting boost offers now, they may bite you in the future! I made a video which mostly explains the issue here, but I'll quickly write it out as well. When you send a boost offer to someone or receive one, once they are accepted and the tokens are transacted, that remind share is now locked on your page forever. This means that even if you purged your entire account, those offers you accepted 5 years ago will still be there. The reason I share this is because I came to this revelation about offers and wanted to spread awareness to ensure people aren't just sharing anything coming in because it could affect your reputation in the future for having promoted it. I don't mean to be super paranoid, but be wary. On the flip side, you can earn tokens for remind and support great content! Offers has an incredible capacity for influencers and when brands really get things going! Anyways let me know if you are open to accepting offers, what you think about offers and what you want to see from them :) Also what do you think of adding a "counter-offer" option for offer bids? ? You can also follow me on: Twitter - https://twitter.com/Scottcbusiness Facebook - https://www.facebook.com/ScottCBusiness Instagram - https://www.instagram.com/scottcbusiness LinkedIn - https://ca.linkedin.com/in//scottcbusiness Steemit - https://steemit.com/@scottcbusiness Discord - ScottCBusiness#5242 Minds - https://www.minds.com/scottcbusiness ... https://www.youtube.com/watch?v=SCo_JoJu_NI