The BioMedWire Podcast

CryptoCurrencyWire’s Jonathan Keim also joined the program to highlight the latest and greatest in the world of cryptocurrencies. The show additionally welcomed in-house special guest — the late Rush Limbaugh’s cousin, Andy Limbaugh. Andy shined the spotlight on the early days of Rush’s career when he started “just really taking off” in the late 1989, early 1990 timeframe. Rush was concerned about the effect of his budding popularity on the national scale to the prominent Limbaugh family, attorneys and well-known figures in southeast Missouri. Now, with Rush’s passing, the story has come full circle as Andy discusses carrying on the legacy. “There are some things coming in the Limbaugh family that are going to help keep some of that legacy alive, and freedom, liberty and other things, right?” Taylor asks the younger Limbaugh cousin of what’s in store. Andy agreed that there is more and that all are going to do their best to “keep that ball moving down the field,” with a group effort, focus and thick skin required for what’s to come.

To watch the latest episode, visit https://ccw.fm/n614x

CryptoCurrencyWire’s Jonathan Keim discusses the growing adoption of digital currencies. Keim also shines a spotlight on the latest and greatest innovations, including Crypto.com’s Visa card, which is the most widely available of its kind in the world. Justin Renken, the new sponsor for the show’s Daily Country Mile Update, also rounds up some exciting discussion surrounding the ARK project. “These last few months, the ARK team has been working harder than I’ve ever seen… We’re working on this new platform that’s coming out soon called MarketSquare,” Renken said. “It’s a social platform designed to help users and developers connect with their favorite blockchain-powered projects and businesses. So, it’s kind of like a cooler version of LinkedIn for the blockchain and crypto space.”

To watch the latest episode, visit https://ccw.fm/Qy0En

Crypto Currency Wire Communications Director, Jonathan Keim on The Wild West Crypto Show Episode 154 | Trader Heaven, Markets Bouncing Like Superball

Broadcast March 26, 2021. The latest news from around the cryptocurrency/blockchain space with Crypto Currency Wire's Communications Director, Jonathan Keim.

The Wild West Crypto Show is the brainchild of Drew Taylor. Drew created this platform as a tool to inform people about cryptocurrency so that they can make educated decisions about investing in this emerging market. Together with his co-host Brent Bates and with the help of industry experts, Drew and the Wild West Crypto Shows aims for providing valuable information for anyone interested in cryptocurrency, all while debunking myths and misinformation often spread about the movement.

Crypto Currency Wire Communications Director, Jonathan Keim on The Wild West Crypto Show Episode 153 | Explosion of Cryptos, Deeper Network’s Exciting DPN Project

Broadcast Mar 23, 2021. The latest news from around the cryptocurrency/blockchain space with Crypto Currency Wire's Communications Director, Jonathan Keim.

The Wild West Crypto Show is the brainchild of Drew Taylor. Drew created this platform as a tool to inform people about cryptocurrency so that they can make educated decisions about investing in this emerging market. Together with his co-host Brent Bates and with the help of industry experts, Drew and the Wild West Crypto Shows aims for providing valuable information for anyone interested in cryptocurrency, all while debunking myths and misinformation often spread about the movement.

Crypto Currency Wire Communications Director, Jonathan Keim on The Wild West Crypto Show Episode 152 | Golf Tournament to Raise Parkinson’s Awareness

Broadcast Mar 16, 2021. The latest news from around the cryptocurrency/blockchain space with Crypto Currency Wire's Communications Director, Jonathan Keim.

The Wild West Crypto Show is the brainchild of Drew Taylor. Drew created this platform as a tool to inform people about cryptocurrency so that they can make educated decisions about investing in this emerging market. Together with his co-host Brent Bates and with the help of industry experts, Drew and the Wild West Crypto Shows aims for providing valuable information for anyone interested in cryptocurrency, all while debunking myths and misinformation often spread about the movement.

CryptoCurrencyWire’s Jonathan Keim reviews the latest updates surrounding the world of cryptocurrency. In the show’s new “Look and Learn” segment, the hosts also review “the good, the bad and the ugly” on exchanges. “There are 435 global crypto exchanges. And they’re located all over the world,” Taylor says during the program, discussing the various sizes, large and small, of the exchanges and what they have to offer. “Binance is not the 800-pound… they’re the 800,000-pound gorilla… Binance does more transactions in crypto than all of the other exchanges combined,” Taylor said, further clarifying sources for information on top exchanges, trust scores, volumes and details one needs to know when reviewing the various exchange options.

To watch the latest episode, visit https://ccw.fm/G0V7Z

CryptoCurrencyWire’s Jonathan Keim shineS a spotlight on the latest and greatest happenings in the world of cryptos. Taylor and Bates also covered the ongoing run on cryptos, a new milestone reached with cryptocurrency surpassing 100 million users for adoption, and took it back to the basics on cryptocurrency to discuss basic terminologies and whether it’s a “21st century unicorn” or the money of the future. “You know what this reminds me of?” Taylor said, offering a cowboy analogy on the ability to get in on cryptos. “Years ago, we were elk hunting in Chama, New Mexico. We’d gone up there, taken our mules up there and we’d gone up on the trailhead… And, mules are different than horses, we hobbled the mules… You can hobble a horse, and it won’t run… But we hobbled the mules, and mules learn to run like a rabbit. So they’re running down the trailhead, and it was like bitcoin running. We were so happy when they got a little bit tired out so we could catch them.”

To watch the latest episode, visit https://ccw.fm/NxDKi

Crypto Currency Wire Communications Director, Jonathan Keim on The Wild West Crypto Show Episode 148 | Markets are CRAY CRAY but Cryptos on Turbo

Broadcast Feb 18, 2021. The latest news from around the cryptocurrency/blockchain space with Crypto Currency Wire's Communications Director, Jonathan Keim.

The Wild West Crypto Show is the brainchild of Drew Taylor. Drew created this platform as a tool to inform people about cryptocurrency so that they can make educated decisions about investing in this emerging market. Together with his co-host Brent Bates and with the help of industry experts, Drew and the Wild West Crypto Shows aims for providing valuable information for anyone interested in cryptocurrency, all while debunking myths and misinformation often spread about the movement.

Keim reviews the latest and greatest happenings from the crypto world, including shining the spotlight on insight on Bloomberg’s Mike McGlone’s latest commentary on bitcoin being “less risky than the Dow.”  “For those who don’t know Mike, he is Bloomberg’s senior commodity strategist. So, definitely someone to pay attention to,” Keim says during the program. “He attributes bitcoin’s recent jump to a rising tide of institutional investors adopting the cryptocurrency. He now views $20,000 as the ‘extreme downside level’ that would only be revisited in case of a black swan event akin to the crash of the global markets back in March.” Polny provides a positive, faith-based perspective, advice to turn off the news and a solid reality check to viewers as he states, “Right now, you should be invested in precious metals, silver and gold. Right now, you should have cryptocurrencies if you’ve listened to our interviews over the past months… You should be invested; you should be in the game.”

To watch the latest episode, visit https://ccw.fm/FvFHA

CryptoCurrencyWire’s Jonathan Keim also shined a spotlight on the latest and greatest from the cryptocurrency world. The hosts also discuss a full week of a new president with a stack of executive orders and “jittery” financial markets. Randy, a guest from an undisclosed location, discusses events and problems as well as solutions related to civil unrest. “Our grandparents didn’t call it prepping,” Bates said, introducing the segment. “In fact, one of the ways I got into it is I went hunting and didn’t take enough food. Figured I’d live off of some of what I killed. I became a prepper real quick… It’s called being prepared.”

To watch the latest episode, visit https://ccw.fm/NzmPY

The episode covers another wild week in crypto, with bitcoin breaking and staying fairly well above the 20K milestone. CryptoCurrencyWire’s Jonathan Keim also joined the show to share the latest and greatest from the cryptocurrency world.  Scott Heninger, the CEO of Carnomaly, also discussed creation of a new type of trading platform — one that benefits both consumers and dealers. “We’re bridging the gap between the car business and the crypto blockchain space. Basically, we have three separate entities in our ecosystem. We have Carnomolly.com, which is the site where you go to research cars, find a vehicle, find a dealer, learn about vehicles and find your next car. Then we’re going to have Carrchain.com, which is going to provide vehicle history reporting but gamified with blockchain technology . . . So, you do services on your vehicle, maintenance, inspections, and you’ll actually earn points that will help to get you money for your vehicle, monetizing that scoring system later on down the road. And everything will be recorded into the blockchain. The third part is CarrDeFi. Basically, we’re allowing people that hold crypto and car tokens to actually become the bank and loan to borrowers . . . using cryptocurrency and earning interest and returns from the people paying back those loans. So, all of this will come together to our ecosystem.”

To watch the latest episode, visit https://ccw.fm/3SX3b

Conservative alt-coin podcast hosts Drew Taylor and Brent Bates recently rounded up guests and the audience to a lively episode 140 of their wildly popular Wild West Crypto Show. Taking the reins in the week’s wild ride was bitcoin, its price climbing to a new all-time high of $22,000 at time of the show’s taping. The program also featured CryptoCurrencyWire’s Jonathan Keim to share the latest and greatest happenings in the crypto world, as well as David Kemmerer with CryptoTrader.tax to discuss a pain-relieving solution when preparing bitcoin and alt-currency taxes. The platform is a reliable crypto tax software and calculator that allows users to simply connect to their exchanges to import trades and download reports in minutes. Also among the wide range of rope-in ready topics was an explanation of what the traditional banks are planning as far as getting involved in crypto-related services and a down-home explanation of qualitative guidance. “My dad, my ‘pappy’ used to always tell me, you know, don’t listen to what they say, watch what they do,” Bates said when describing the guidance to watch out for in what looks to be major inflation coming down the road.

To watch the latest episode, visit https://ccw.fm/KHZGb

Jonathan Keim, Communications Director of CryptoCurrencyWire, appeared with his usual trio of news developments.

He kicked off his Weekly News Update with a report that: US Fed economists are exploring the ‘intrinsic’ value drivers of CBDCs (https://ccw.fm/LiKvH). CBDCs are digital currencies issued by a central bank. They appear to differ from regular fiat currencies by being directly issued to consumers rather than through the banking system. The Fed is considering the possibility of issuing such a CBDC and has initiated a study to explore “the potential impact of a digital dollar on commercial banking and monetary policy.”

Other countries, notably China, have already launched digital currency programs. In October, the People’s Bank of China distributed 200 digital yuan ($29.75) each to 50,000 randomly selected consumers with online digital wallets, in a pilot project to test the waters. Central banks around the world are considering CBDCs, concerned that growing use of cryptocurrencies may reduce their ability to manage local monetary systems and economies, to detrimental effect.

In other news:  Fund execs offer $1M bets that Bitcoin’s S2F model won’t come true (https://ccw.fm/3Wvo6). Two executives at crypto hedge funds are prepared to place bets against the Bitcoin stock-to-flow model, developed by Dutch investor Plan B, which predicts a price of $100,000-$288,000 before December 2021. Eric Wall, chief investment officer of crypto hedge fund Arcane Assets, is willing to stake $1 million that the prediction will fail. He’s so sure, he’s extended the wager period to 2025. And Ari Paul, CIO at BlockTower Capital, says he would give 3:1 odds on the same bet against the S2F model, which means he’ll gain $1 million if he wins and have to pay out $3 million if he loses.

Finally, InvestorBrandNetwork (“IBN”) Announces Latest Episode of Stock2Me Podcast Featuring Bestselling Author John Truman Wolfe (https://ccw.fm/38rC3). The Stock2Me Podcast, hosted by Stuart Smith, is an initiative of InvestorBrandNetwork (“IBN”), a multifaceted communications organization that connects public companies to the investment community. The podcast is designed to provide specialized content distribution via widespread syndication channels. The current episode features Strategic Financial Intelligence editor John Truman Wolfe sharing his perspectives on the continuing evolution and adoption of decentralized currencies, the impending rise of centralized digital currencies and the long-term effects of recent economic policy decisions in the U.S.

To view the most recent episode of the Wild West Crypto Show, now on TV in 45 cities across the nation, including its ongoing segment from CryptoCurrencyWire featuring the latest news from around the world, visit https://ccw.fm/p1DyD

BTC is taking it in the shorts but the alts are rising!

Regarding the news in alt coin adoption trends, CryptoCurrencyWire Communications Director Jonathan Keim addressed subjects ranging from traditional financial service institutions’ move toward offering services on a decentralized finance (“DeFi”) framework to rumors PayPal may launch its own alt coin in the next year.

“I was just amazed at all the progress that’s being made. … There’s no doubt that this is the year that will be a key landmark in the history of digital finance,” Keim said.

Keim noted that 86 percent of financial institutions that took part in a Europe-wide survey are implementing or assessing services that use DeFi.

“But the really amazing thing is that 31 percent of those companies are reporting an enterprise-wide rollout or have at least deployed an actual use case of DeFi already,” Keim said. “And quite honestly I don’t think I’ve ever seen banks move forward so quickly on anything. I remember hearing DeFi in just the last 12 months and here a third of these companies are already on the train.”

Keim also noted that Singapore’s largest bank plans to launch its own crypto exchange, establishing a relatively easy to access crypto on-ramp for people who bank in that country. Taylor compared it to JPMorgan Chase’s announcement it is going to develop its own coin.

“It’ll be interesting to see how all this evolves and where all these big financial institutions fit into this,” Taylor said.

Regarding PayPal’s plans to potentially launch its own crypto in the next six to 12 months, Keim said the CSO for digital asset manager CoinShares is pointing out PayPal’s immense base of more than 300 million active users and the fact that PayPal has left the Libra Association, which it joined last year to help govern Facebook’s Libra digital currency project.

PayPal announced in October that it has partnered with cryptocurrency company Paxos and that it plans to let its U.S. users buy, hold and sell cryptocurrencies and eventually to use their crypto assets to fund PayPal purchases, but it has not stated it intends to launch its own coin (https://ccw.fm/KLquz).

“I can’t help but think that (CoinShare’s CSO) knows more than we do and he just wants to be one of the first to call it,” Keim said.

“(PayPal has) already got a fairly seamless way to put it in and take it out of your bank account,” Bates said. “I remember the very first show we talked about how difficult it was to get money from a bank into a crypto account. It came the other way real quick; it’ll only take a day or two to get out of your crypto account and get into the bank but it took a week to 10 days to get from the bank to there. PayPal’s already got that relationship, already has the portal of getting in and out.”

The Wild West Crypto Show podcast appears online and in multiple markets across the country. Bates’ and Taylor’s purpose is to educate people about alt-currencies “so that they’re not afraid of it.” To view the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring recent news from around the world, visit https://ccw.fm/h6pks.

CryptoCurrencyWire Communications Director Jonathan Keim is a show regular, offering additional insights on crypto space news headlines from around the world. In this episode, Keim acknowledges new signs that alternatives to the dollar are gaining mainstream recognition.

When Cointelegraph reported that U.S. Currency Comptroller Brian Brooks stated that decentralized finance movements will spawn “inevitable” change and will render many of the services banks provide obsolete, “just as email disrupted the postal service,” Keim called it a sign that “everybody is waking up” to a fact that he and the show’s hosts have previously discussed many times.

“It’s just exciting when you hear people like Brian Brooks say these kinds of things. We’re seeing so much movement in this past year. It’s really insane. And not just here in the U.S. but abroad as well,” Keim added.

Keim also noted that the chairman of the U.S. Federal Reserve has said its financial institutions aren’t in a hurry to introduce central bank digital currency, which prompted Morgan Creek Digital co-founder Anthony Pompliano to argue that time is of the essence and if it doesn’t act “the U.S. is going to fall really far behind China because it all comes down to accessibility.”

“In our small town, we have a bank and a chicken place on every corner and a convenience store across the street. We’ve got plenty of all that sort of stuff,” Bates quipped. “The U.S. getting involved in this is going to help all those unbanked people and is going to help all these other economies by being able to provide liquidity and everything that the U.S. dollar and digital dollar could bring.”

Bates expressed excitement at news that crypto gaming pioneer Cloudbet is adding Pax Gold coin to its platform to make betting with gold backing possible in a first for the gaming world.

“You can’t carry all your gold with you. It becomes heavy and kind of hard to lug around,” Bates said. “You take that little thumb drive around with you, it could have a billion dollars or it could have 59 cents and everything in between. It’s so much more pragmatic for it to be digitized and to carry around a piece of it.”

Keim said what he finds so interesting is that there are so many alternatives to the dollar “springing up all over the place” as means for currency transactions.

“This world-first accomplishment is only feasible because a gold-backed crypto is easily divisible and easier to exchange,” he said.

The Wild West Crypto Show podcast appears online and in multiple markets across the country. Bates’ and Taylor’s purpose is to educate people about alt-currencies “so that they’re not afraid of it.”

To view the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring recent news from around the world, visit https://ccw.fm/YLUvo.

CryptoCurrencyWire Communications Director Jonathan Keim, who appears in each week’s segment analyzing recent news in the market space, acknowledged alt-coin adoption by other companies making big investments into bitcoin.

Regarding a CoinDesk report about Stone Ridge Asset Management’s more than $100 million investment in bitcoin as part of a billion-dollar spin-off, echoing business intelligence company MicroStrategy in terming bitcoin a “primary treasury reserve asset,” Keim said he thinks the term is going to catch on.

“Institutional asset managers like this one and others are really seeing bitcoin in a new light. They’re even coming up with new terms, like this one,” Keim said. “So, it’s helping everyone understand what bitcoin is and it’s quite frankly getting contagious at this point.”

Taylor also noted a Decrypt report on Fidelity Digital Assets’ turnaround in regard to its views on bitcoin, shedding its adverse opinions three years ago to tout bitcoin as a unique vehicle among investment assets.

“I really think Fidelity nailed it in their research,” Keim said. “Ultimately the research points out how bitcoin is uniquely decoupled from other asset classes. . . . In conclusion, the report said, ‘Bitcoin is a unique, investable asset with compelling differences relative to both traditional asset classes as well as conventional alternative investments.’ And then, just rounding off the sentence, they said, ‘That could make it a beneficial addition to portfolios.’ So they’re kind of hinting, you know, this might be something you want to take a look at.”

The Wild West Crypto Show appears on TV in multiple markets across the country as well as online as a humorous and educational forum for providing information with the intent of reducing some of the consumer wariness about alt-currency. To view the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring recent news from around the world, visit https://www.ccw.fm/Tldyi

Jonathan Keim, the communications director of CryptoCurrencyWire, noted research showing growing adoption of cryptocurrencies, not just as an investment vehicle but as a liquid form of money.

“The fact that 70% of the 35,000 respondents are now spending crypto, and not just HODLing it, means that it’s really achieved currency status,” Keim said.

“To all these restaurants we’ve been telling, ‘You can give yourself a raise if you just start accepting cryptocurrency and you’re not paying’ … people don’t realize that because the credit card fees are 2 to 3%, if your profit margin’s 12%, 25% of it’s getting eaten up by processing fees,” Taylor added.

Keim also discussed the logic of using cryptocurrencies in IRAs to gain tax-free benefits.

“For those who were burnt by big gains reported in 2017 that later evaporated in the 2018 tax year, or they were just overwhelmed by the tracking requirements, it really makes total sense why IRAs are especially appealing to crypto traders,” he said. “An economist that advises iTrustCapital believes IRAs will be a key part of the $1.5 trillion of capital expected to move into the digital asset space within the next five to seven years.”

Bates noted that using cryptocurrencies in IRAs takes off some of the pressure that comes from watching markets rise and fall, because the investor is instead using a long-term perspective for a sector that is continuing to grow over time.

“The other problem that it solves . . . there are now insured funds and everything else, so that the people that have been afraid of losing all this in the crypto market because it’s just a big black hole, you do have these insured funds, U.S. funds . . . where you can take self-directed IRAs and other things and put it in,” Taylor added. “If you believe in crypto the way . . . we do, they are going to be an appreciating asset that may outperform many other things.”

And Keim noted that Bitcoin payment gateway Abra’s CEO was recently quoted as saying he’s “never been this excited about the potential of Bitcoin for a significant price appreciation in the short term,” looking at the possibility of “50,000 and beyond,” providing an insider’s perspective on growing adoption.

The Wild West Crypto Show is a podcast that appears on TV in multiple markets across the country as well as online, “educating people about cryptocurrency so that they’re not afraid of it.” To view the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring recent news from around the world, visit www.ccw.fm/KjKb9.

CryptoCurrencyWire (“CCW”) communications director Jonathan Keim reported as usual on some of the major developments in the crypto space, beginning with the headline: “Adoption: 101 Million Users Joined Crypto in 2020, According to Cambridge Report” (https://ccw.fm/F5Te8). A study by Britain’s University of Cambridge and its Centre for Alternative Finance shows that 2020 has been a bumper year for cryptocurrencies. The report reveals that 101 million unique users signed up for Bitcoin and crypto-asset usage with service providers, such as cryptocurrency trading platforms and wallets, in Q3 2020.

The Cambridge Report numbers indicate that the mining business is alive and well, although it has suffered contraction over the past year, with many outfits targeting more than one cryptocurrency.  The report notes that approximately 89% of crypto mining respondents are mining Bitcoin (“BTC”), with 35% mining ether (“ETH”), and with bitcoin cash at 30%.

Next on Keim’s Weekly News Update was the headline: “Payments Platform Wirex Reaches Target for First Crowdfund in 1 and a Half Hours” (https://ccw.fm/mLRBh). Capitalizing on increasing awareness of its platform, British digital payments processor Wirex was able to raise £1 million, as planned, in record time. The company also exceeded the fundraising target by taking in £1.6 million, an amount likely to increase, since its crowd-funding campaign seems set to remain open for some time.

Wirex is the first cryptocurrency platform to be granted a MasterCard principal membership. The processor plans to issue a multicurrency Wirex Card, which will be supported by MasterCard and linked to 19 crypto and fiat currency accounts in the Wirex app. Wirex is regulated by the U.K.’s Financial Conduct Authority, with a license to issue crypto cards in Europe.

Last but most definitely not least, comes a warning from U.S. Financial Crimes Enforcement Network (FinCEN) director Kenneth Blanco: “FinCEN Director Warns Banks about Cryptocurrency Risk Exposure” (https://ccw.fm/1Iu9R). At a recent anti-money-laundering (“AML”) conference, the FinCEN chief reminded banks about their obligations to institute effective AML policies, particularly with regard to cryptocurrency transactions.

In 2019, crypto analytics firm CipherTrace Labs found that eight of the ten major U.S. retail banks had done business with illicit crypto money service businesses (“MSBs”). Many MSBs provide cryptocurrencies to customers in exchange for cash, a service which while not illegal per se, requires the MSB to be regulated. Individuals too have fallen foul of the law. Again, buying or selling a cryptocurrency is not in itself illegal but doing so “as a business” is. Conducting more than a handful of transactions can get someone accused of operating an unlicensed money-transmitting business, an offense that carries up to five years behind bars.

To view the most recent episode of the Wild West Crypto Show, now on TV in 45 cities across the nation, including its ongoing segment from CryptoCurrencyWire featuring the latest news from around the world, visit https://ccw.fm/weke4.

The first item on Jonathan Keim’s news update this episode, was this headline: There Are Now Over 10,000 Bitcoin ATMs Throughout the World (https://ccw.fm/pff4o). Bitcoin retail transactional capacity has progressed rapidly since Bitcoin ATMs first made their appearance in 2013. The seven years it has taken to reach 10,000 machines means their deployment has been one and a half times faster than that of regular cash ATMs in the 1970s. And although the first machine was installed in Vancouver, British Columbia, at the Waves Coffee House, presently the majority of Bitcoin ATMs can be found in the United States

The second headline on Keim’s list stated this: Cryptocurrencies Are Primary Investments for Many, Finds New Huobi Survey (https://ccw.fm/KIx6D). A Huobi (pronounced HO-BE) study has revealed that in “emerging markets across Europe, Asia, Africa, and South America,” many new consumers of financial products are purchasing “digital assets like Bitcoin (‘BTC’) and ether (‘ETH’),” instead of more established ones, such as stocks, bonds and mutual funds.

Digital assets appear to be a greater attraction for the less-experienced consumer, which may contribute to greater volatility in the cryptocurrency markets. Huobi is a cryptocurrency exchange with headquarters in Singapore. The name has been translated variously as “hot coin” or “popular coin.”

Finally, Keim’s last headline: Are We Dumb? Financial Illiterates ‘Twice as Likely to Own Crypto.’ This news seemed to validate the results of the Huobi survey (https://ccw.fm/xwZwg). An investigation by Canada’s central bank indicates that “financial literacy is positively associated with the awareness of cryptocurrencies but negatively associated with ownership.” The Bank of Canada’s 2019 Cash Alternative Survey reveals that while many Canadians are familiar with both established and crypto financial products, very few of these financially literate consumers “actually hold any crypto assets.”

Crypto assets, it seems, are purchased mainly by the less informed as financial neophytes, lured by the high expected returns, fail to take account of the risks. Not only are cryptocurrency markets notoriously volatile but they appear to operate independently of economic conditions in the real world, making it difficult if not impossible to identify their intrinsic characteristics, which is why the Wild West Crypto Show advises: never risk more than you would risk on a roll of dice in Vegas.

To view the most recent episode of the Wild West Crypto Show, now on TV in 45 cities across the nation, including its ongoing segment from CryptoCurrencyWire featuring the latest news from around the world, visit https://ccw.fm/xWxXJ.