If you're self-employed and you want to learn about retirement planning and investing, this podcast is for you. **THIS IS NOT YOUR AVERAGE, BORING RETIREMENT PODCAST** The Rogue Retirement Lounge covers investing basics, real estate, self-directed IRAs, retiring abroad, and much more. We talk about how to find cash-flowing assets that can beat stock market returns with less risk. We also cover tax-reduction strategies, asset protection, macroeconomics and other financial goodness, along with other info you need to know as you approach retirement, including social security, medicare, travel, health, longevity and more. Learn more at https://rogueretirementlounge.com
https://www.rogueretirementlounge.com
episode 64: Your Wealth, Seized? And Central Bank Digital Currency Rundown: What The Hell Is Programmable Money?
So you've heard about the Canadian Government invoking the Emergencies Act... You've heard about them freezing bank accounts and even freezing crypto wallets. Is that really possible? Yes.
Could your government freeze or seize your retirement savings? Most definitely. So DON'T HAVE WRONG THOUGHTS, DON'T SAY WRONG THINGS, AND DON'T ENGAGE IN TRACEABLE FINANCIAL TRANSACTIONS WITH WRONG PEOPLE. Got it? Good.
Today we're gonna talk about this. But this topic, as uncomfortable as it is, opens the door to another uncomfortable topic:
CENTRAL BANK DIGITAL CURRENCIES.
They're coming, my friend. We still have a couple years, or, well, at least probably one year. So it's time to start preparing yourself.
Today I'm going to help you understand how the mechanics of CBDCs might work, and how programmability will help your government keep more of "their share" of your money, while keeping an eye on exactly where you spend your money.
This episode is kinda long, but it'll be educational, I promise. Especially the CBDC part.
Grab a beer and let's do this.
Remember, go to rogueretirementlounge.com/crypto to sign up for your own Blockfi account. You'll get up to a $250 crypto bonus and you'll be on the best exchange out there. AND you'll be able to earn interest on your crypto. And, you'll be supporting this show, as I'm a Blockfi affiliate!
If you have a question you’d like me to answer on the podcast, email me at matt@rogueretirementlounge.com
Check out more episodes at my retirement planning podcast website: www.rogueretirementlounge.com
Follow me on twitter! twitter.com/LoungeRogue
Follow me on Instagram! instagram.com/lairdgrainger