EPISODE · Jun 29, 2025 · 16 MIN
What Schools Never Taught You About Money, Banks, Wealth … and Bitcoin
from Should I Invest in Bitcoin? Grow Your Wealth & Understand the Cryptocurrency Bit Coin, for Millennials Serious About Money and Investing · host Myles Dhillon
Did you know your bank doesn’t actually keep your money and could lend out 90% of it the moment you deposit it?This eye-opening episode breaks down how modern banking really works, demystifying the fractional reserve system and exposing how money is quite literally created out of thin air. Using a simple coat-check analogy, the host reveals the risks you face when you trust banks to “store” your money and why Bitcoin offers a radically different and safer alternative.Learn how banks multiply your deposits into thousands and what that means for inflation and your financial security.Understand the real risks of bank runs, government guarantees, and how black swan events could leave you locked out of your savings.Discover why Bitcoin held in your own wallet is a powerful hedge against systemic risk and financial collapse.If you care about protecting your wealth in an unstable system, this episode is a must-listen. Play it now.I built a free calculator that shows exactly what consistent monthly Bitcoin investing could do to your wealth over 5, 10 or 20 years. It's called the Steady Stack Calculator — punch in what you can afford to put in each month and see what the numbers actually look like at the other end. Most people are genuinely surprised. You can also download the 10 Bitcoin Mistakes to Avoid document completely free at the same link.Steady Stack Calculator and 10 Bitcoin Mistakes Document — click here to grab both for freeHit follow, so you never miss the latest insights on money, finance, invest and build wealth - plus clear guidance on cryptocurrency, Bitcoin, and Bit Coin for today’s serious investors.
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Did you know your bank doesn’t actually keep your money and could lend out 90% of it the moment you deposit it? This eye-opening episode breaks down how modern banking really works, demystifying the fractional reserve system and exposing how money is quite literally created out of thin air. Using a simple coat-check analogy, the host reveals the risks you face when you trust banks to “store” your money and why Bitcoin offers a radically different and safer alternative. Learn how banks multipl...
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What Schools Never Taught You About Money, Banks, Wealth … and Bitcoin
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