How Private is Crypto? What About WhatsApp and Signal?

<p style="text-align: center;">How Private is Crypto? What About WhatsApp and Signal?</p> <p>Cryptocurrencies were thought to be like the gold standard of security, of having your information stay private. Maybe you don't want to use regular currency and transactions. It's all changed.</p> <p>[Automated transcript follows.]</p> <p>[00:00:14] We have had such volatility over the years when it comes to what are called cryptocurrencies.</p> <p>[00:00:21] Now I get a lot of questions about cryptocurrencies. First of all, let me say, I have never owned any cryptocurrencies and I do not own any crypto assets at all. Most people look at crypto currencies and think of a couple of things. First of all, an investment. An investment is something that you can use or sell, right?</p> <p>[00:00:42] Typically investments you don't really use. It's like a house. Is it an investment? Not so much. It's more of a liability, but people look at it and say listen, it went from what was a 10,000. Bitcoins to buy a pizza to, it went up to $50,000 per Bitcoin. There's a pretty big jump there.</p> <p>[00:01:03] And yeah, it was pretty big. And of course, it's gone way down and it's gone back up and it's gone down. It's gone back up. But the idea of any kind of currency is can you do anything with the currency? You can take a dollar bill and go and try and buy a cup of coffee. Okay. A $10 bill and buy a cup of coffee in most places anyways.</p> <p>[00:01:26] That sounds like a good idea. I could probably use a cup of coffee right now and get a tickle on my throat. I hate that. But if you have something like Bitcoin, where can you spend it? You might remember Elon Musk was saying, yeah, you can use Bitcoin to buy a Tesla. Also Wikipedia would accept donations.</p> <p>[00:01:45] Via Bitcoin, there were a number of places online that you could use. Bitcoin. In fact, there's a country right now in south central America that has Bitcoin as its currency. That's cool too. When you think about it, what is, so what are you gonna do? Latin American