Welcome to episode 8 of Smarten Up with JP and Fab.
Today we interview the one and only Greg Foss, a 30 year veteran of the investment industry.
Greg Foss is a well known Bitcoin Bull who believes that Bitcoin is set to hit a $2,000,000 per coin valuation.
In this episode he explains his background in the investment industry, how this led to an interest in Bitcoin, and why he thinks Bitcoin is the future of money and wealth.
Greg moves fast and uses a ton of technical terminology, some of which is covered below:
Equities: This is more commonly known as "stocks" or the stock market. This represents actual ownership of companies.
Bonds/Fixed-Income: This represents the debt markets, or loans, to corporations and governments. This market is much larger than the stock market.
FIAT: This is money issued by a government. Canadian dollars, US dollars etc.