Weekly Q&A: Bitcoin, Great Reset, MMT, Marijuana, Overstock, Crypto, Russia + China, Retirement

#Bitcoin #TheGreatReset #OSTK #Retirement #MarijuanaStocks
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Welcome to the InvestAnswers weekly Q&A where we answered the most common questions from YouTube viewers. This week we cover Bitcoin, the Great Reset, MMT, Overstock.com and Crypto, Russia and China, Retirement and much more.
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0:00 THE GREAT RESET and BITCOIN "Volkan Cetinkaya What do you think about the ""great reset"" and how it will affect bitcoin?" The great reset - the Pandemic was a wake-up call to redesign and reconfigure the world to solve issues like climate emergency, income inequality, recovery stimulus, and finally build private sector and public sector trust. The top 1% own nearly 50% of the world's wealth. The top 0.1% owns 25%. We are seeing cracks in the world today. Also MMT - Modern Monetary Theory and Governments scrambling to find ways to control people. Money printing and inflation are going to hurt things like defined pension plans and cost of living. Many will find their retirement unfunded if the type of inflation I see coming is going to happen.
3:00 MARIJUANA STOCKS "Rob Pierce Do you have any position in marijuana stocks?? What's your feeling overall? Is that market a buy?" Marijuana stocks per se all seem to have terrible financials and no prospect of profitability in most cases. However, where I see disruption and opportunity is if one firm has true vertical integration the combination in one company of farming, production, modification, and enhancement to retail. There is also a huge potential for psychotherapeutic areas - helping people with mental issues - psilocybin in altering the effects of addiction, anxiety, depression. In addition, from a medical perspective there There is a lot of opportunity In the field of helping cancer patients especially during torturous treatments like chemotherapy. It can also help prevent epileptic seizures and even help ease the symptoms of things like multiple sclerosis and slow the progression of Alzheimer’s
6:00 OVERSTOCK "Cannabis Media Network - What do you think of overstock? Don’t they have a big blockchain/crypto exposure? " ECommerce for home furnishers. They own TZero - which has ambitions like blockchain for capital markets and they promise 10% dividend when they are profitable!
8:00 GOOGLE TRENDS AND BITCOIN SIGNALLING TOP "Allen W - When you look at the peak of the google trends ""buy crypto"" in 2017, it was the peak of bitcoin. So do you think it is still bullish that we are now reaching new highs on google trends?" “Buy crypto” searches on Google surged to all-time highs in January, far exceeding the previous peak of early 2018, according to cryptocurrency analytics company The Tie. ETH blew up also, bitcoin was lower than 2017. The world is very different now. Back then 2017 was driven by retail now it is all institutional with some latecomers from the retail world. On Twitter, aggregate tweet volumes devoted to cryptocurrency reached 3.3 million in January, up from 1.3 million in September 2020. Bitcoin leads the way on Twitter with 75% of the 3.3m tweets.
9:00 "Rusty Shackleford - If one were to move out of the US, what countries in your opinion would be best in terms of future economy/taxes, quality of life, as well as ease of relocating to and establishing citizenship. Or, do you believe the US is the best place to be long term?"
The US has a lot going for it and is still one of the best countries in the world in which to live. However, some seek a better life outside and the countries that are chosen mostly by Americans tend to be Mexico Canada Thailand Georgia, and even Spain and Vietnam.
10:00 RUSSIA AND CRYPTO "XRemayy: - What happens when you’re in Russia as a tourist and get stopped by police and they find a crypto broker app on your phone? Straight to Gulag?" The number one rule would be just getting a flip phone and leave your smartphone at home. I turn off all biometrics and have a very strong password or two-way authentication. Make sure as well as Sim card swap cannot happen to make sure your security updates are installed.