Listen To The Episode Here:
In this episode of “Bitcoin Bottom Line,” hosts C.J. Wilson and Josh Olszewicz are joined by special guest Mike Hobart. He is an author at Bitcoin Magazine, a seed oil disrespecter and a former member of the United States military. Wilson, Olszewicz and Hobart open the episode by talking about what is currently happening in the investing space. Olszewicz states that there is currently no good news and we are seeing how rate hikes don’t work effectively.
Wilson has observed people starting to question inflation and interest rates while seeing that there is a person responsible for them. He believes the solution is the Bitcoin mantra: rules without rulers. Hobart remarks that energy companies have the potential to have a significant impact on the acceptance of bitcoin as well. “I believe that we will get a lot closer after energy companies like Exxon[Mobil], Chevron and ConocoPhillips become vocal about how they are using bitcoin mining to help with their production numbers and revenue. I have noticed that everyone wants to treat Bitcoin like a stock and equity or as a heavy rock like gold. It is both of these things and neither at the same time. The more information that is put out about Bitcoin, the more understanding people will have, and the adoption rate will begin to grow even more exponentially.”
Hobart closes the episode by sharing the threat medical debt has to our economy. “With the rest of the macroeconomic situation, the whole market is looking at housing because of 2008; oil, energy and gas because of Ukraine; as well as supply and shipping rates due to covid. I think the markets are going to have the black swan come from the health sector. In regard to diabetes, 10% of the population has diabetes, and 97 million people are prediabetic. About 40% of the population is or will be taking insulin. This does not account for all of the other metabolic diseases prevalent in society. There are trillions of dollars worth of medical debt in the United States, and nobody is talking about how this debt is going to affect the economy.”
You May want to check our other related articles below and download our app.
Download Our APP
Download Our App For less Ads and more of Premium contents for free
Disclaimer For: US Economy Medical Debt Black Swan Event - Bitcoin Magazine
TMZ.NG believes the information on
US Economy Medical Debt Black Swan Event - Bitcoin Magazine accessible via this website is accurate and trustworthy but makes no promise regarding its timeliness, completeness, or correctness. TMZ.NG isn't a broker. We don't offer individualized investment advice. This website's information is subject to change. This website's content may become old, incomplete, or wrong. We may update obsolete, incomplete, or erroneous information, but aren't required to.
It would be best if you never made an ICO, IEO, or other investment decision based on the material on this website, nor should you consider it financial advice. If you need investing advice on an ICO, IEO, or other investment, visit a licensed advisor. We don't take payment to analyze or report on ICOs, IEOs, cryptocurrencies, currencies, tokenized sales, stocks, or commodities.