Financial Advisor Reacts to Government Crypto Currencies… TERRIBLE Idea...

Today we're talking about government crypto currencies and why they are an awful idea that will never catch on.

Josh Olfert is a professional CFP financial advisor and the Founder of Haven Wealth Management investment fund based out of Winnipeg Canada. Through this channel Josh shares his knowledge of wealth accumulation and personal investing to the world, in an effort to improve financial literacy and help everyone achieve their financial goals.

All numbers and figures discussed in this video are purely for illustrative purposes and are not to be taken as financial advice.

[bryantpinto]

Just turned 19 ! And looking to get like you man ! You’re very underrated and I know your Chanel will blow up soon

[anonymoustruth]

Hey thanks for the video. I like your content and I hope your channel keeps growing. I agree with you that a government controlled crypto currency can’t compete with bitcoin. Bitcoin is king and it probably always will be. I think the reason a government would want to create a cryptocurrency is simply to gain more power and control over its people. Decentralized crypto’s are great because the power is (for the most part) decentralized. If a government were to create a crypto, they could theatrically use it for behavioral economics to incentive / de-incentivize human behavior. To me, that’s a scary idea.

[derrickspencer]

Hey Josh, just subscribed love the channel! I'm in the process of becoming a Financial advisor I actually take my series 7 on Monday. Could you maybe discuss what a new advisor should focus on first? Obviously getting clients is pretty important, but what do you think new advisors need to master first to best serve clients having little to no experience? Thanks, keep the videos coming!

[Bjkwhwb]

You have a 16 year old follower from Iraq🇮🇶😂 He wants to be like you.