The Melt Up is upon us...
Retail investors are getting rich piling into stocks, irrational exuberance is at dangerous highs, and all valuations have gone out the window.
But is this the big one? Are we seeing the Mother of All Melt Ups? Dan opens the show by sharing a few increasingly troubling news items that have him worried...
Next, Dan invites Stansberry Research's, Eric Wade, onto the show for a conversation on all things crypto. Eric is an entrepreneur, investor, screenwriter, and editor of the Crypto Capital newsletter at Stansberry Research. Dan takes this opportunity to ask him all the beginner questions others are afraid to ask:
What exactly is Bitcoin?
What do I own when I own Bitcoin?
Won't the government try and shut it down?
If they can't do that, won't the government tax and regulate it to death?
Could another crypto come along and replace Bitcoin?
Eric answers everything Dan throws at him while keeping things simple. He stressed that you don't need to have a degree in computer science to invest in Bitcoin. Eric explains what makes Bitcoin unique, how it became the leader in crypto, and why that's not likely to change anytime soon.
Listen to their conversation and much more on this week's episode.
Interested in more from Stansberry Research? Check out the American Consequences podcast here: https://podfollow.com/americanconsequences
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