Goddamn the Shaq's here.

I love it when youtubers u watch are fans of other youtubers u also watch

Very balanced diet indeed

It's really a combination of things, it's genetic + environment a strong combination of both. it's also well known that women are small but noticeable gender personality differences, and that this isn't culturally caused. But you are correct we do need to increase financial literacy for women.

It is excellent, Chelsea is awesome

This kinda reminds me how it worked in Sparta in ancient times. Men being busy fighting wars and dying and women managing the wealth and ending up being the richest citizen

Canada was a colony and it is certainly not underdeveloped, stop blaming what clearly cannot be blamed !

@@Lord_Saruman different thing it was a white settlement as NZ or Aus, not really a colony, with all the advantages that represented in a eurocentric racist world. Big lie what you uttered.

About crypto: I feel compelled to point out that smart contract cryptocurrencies like Ethereum can also serve as cloud computing platforms. They can consume inputs, execute code based on those inputs, and produce outputs that can then be used as inputs to other computer systems. This is as opposed to cryptos like Bitcoin (which claim to be "gold 2.0," whatever that means), which only store and transfer "value." Does that change your value assessment of crypto in any way? Because I've invested in crypto based on the premise that the applications that can be built on top of Ethereum and other similar cryptos can be evaluated in much the same way as tech companies that operate purely as software service platforms (e.g. Facebook, Uber, etc), but more transparently because of the public nature of blockchain ledgers.

@@Antenox Unfortunately there are technical problems with using the eth block chain due to the nature of it being a read-only ledger. Folding Ideas has a good segment on this in his video "Line Goes Up, The Problem With Cryptocurrency", but simply, _anything_ can be put in the blockchain, even what you would actually want removed. So if someone hacks your wallet and puts, for example, illegal porn, in it, you're screwed. You could also put malicious code in there and there's no way to patch it. I'm a backend engineer, and I see some buzz on dev twitter about it, but that system is has so much potential for abuse. And if you ever want restitution, good luck explaining how you got stalked, libeled, or scammed with crypto or blockchain tech to a cop or government official who barely understands what a database is, let alone this.

@@vulpixelful I've watched that video. It is incredibly factually wrong. Maybe not in the basic aspects of how crypto works, but certainly in the extrapolations he makes. For example, what you just described ("what if someone sends something into your wallet that you don't want/is illegal/etc?") isn't really a problem. Why? For the same reason it isn't a problem to receive spam in your email or phone. Have YOU ever worried what is in your spam folder? No? Why not? If you couldn't delete your spam folder, would that change how you interacted with it? Of course not, because it's still just a spam folder. And yes, someone can post your personal details on the blockchain. How is that different from doing the same somewhere else on the Internet? The running joke about the Internet over the last thirty years is that once it's on the Internet it'll never be deleted. And yes, someone can send "malicious code" into your wallet. But guess what? It can't do anything. Code embedded in a token in your wallet is completely inactive unless you specifically select it and interact with it (think of a token like a Java object that has to adhere to implementing highly standardized external methods; in order for it to actually do anything, you have to instantiate it, and then call its specific methods). Even then, its actions are limited to the blockchain; it can't hack into your computer or phone. And even its actions on the blockchain are limited; you have to specifically give your approval to it to "spend" your tokens. And you have to give a separate approval for every token you have. AND EVEN THEN, it can't ever spend your Ether. The irony is that that video is exactly what it claimed crypto is: a solution seeking a problem. His extrapolations are just repetitions of the slippery slope fallacy in order to invent or exaggerate problems have already been solved/mitigated (or that just plain don't exist) just so that he can claim to have "discovered" them and made the public aware of them.

@@Antenox I don't _really_ worry about spam in my email, but it's not harmless. Sales and spam emails have trackers on them that can signal to a email campaign provider that you've opened it. A bad actor can take advantage of that. You don't even have to click on shady links for spam to be dangerous... You said yourself that you can activate malicious code in your wallet through interaction. What about if you move even fiat currency on the block chain, have your medical records on there, or property deeds? I wasn't talking about executing malicious code on your machine OS, obviously. Also, if someone put illegal porn in my spam folder, I would want to delete that immediately. And no, I don't dox myself online. Honestly the fact that you brushed off some of the most problematic aspects of blockchain technology says a lot about how open you are to criticizing it (you're not). There's a reason there's an Ethics of Technology class in almost every CS curriculum, "can we" is a separate question from "should we".

And there is also the position that Crypto is the future, but acknowledging that you probably don't know which crypto currency will actually be used as currency or store of value in the future.

Invest in companies that you see long term value in. If there are some Russian companies that you see surviving the war and prospering long-term, invest in those as their stock price goes down and be very patient for 5 years or so after the war is over, as you probably won’t see returns for a while.

another option would be to get ahold of dollar bills and/or, even though I'm not into the crypto stuff, buy stablecoins tethered to the dollar (preferably not USDT though, it has its problems). your objective now is not to create wealth, but simply try to maintain it, therefore I wouldn't enter in any sort of value stock play.

Don't certifications and degrees already exist? Might as well just teach people critical thinking so that they stop and ask themselves for a moment: what authority or expertise does this person have on the subject matter they are talking about? And why would it be on youtube's shoulders to do that for the consumer? And is that even important to the consumer? There's a reason why tucker carlson has the following he has. He isn't interested in giving you accurate information - he's interested in playing off of and feeding into your biases.

For investing advice, I think that would make sense. But for budgeting, I'm not sure: a lot of that is behavioural, rather than truly financial. The secret of Dave Ramsey's success isn't that he's a financial genius (pretty sure even he says he's not), it's that he's able to get a good number of people to follow through. For which, his & Chelsea's training of "falling on face and getting back up" (sorry Chelsea, I know that's not who you'd ever want to be compared to) is perhaps the best available.

@@rewsky certifications and degrees aren’t prominently displayed on KZfaq though? I could tell you I’m a plumber, electrician, or mechanic, even put it in a channel description, you’ll never know what I do or what I’m qualified in. And you’re right, youtube makes too much money off losers peddling the latest doggie coin or some life hack that doesn’t work

It IS his channel :D (I thought it was a TFD video too, at first.)

@@iloveprivacy8167 Oh I'm so confused! I actually watch both of these channels!

Valid points! Stablecoins definitely present a different value proposition and should be treated differently, thanks for highlighting.

​@@ThePlainBagel An example could be earning 9.25% APY on USDC which seems like a pretty legitimate investment opportunity! In a free market where, without banks and regulation, private companies can lend that same USDC at 11% and keep the difference. Seems like a reasonable system system!

@@ericperez-salas4994 The spread between 9.25 and 11 % is 1.75 %. What is so special about that ???? Are you high ?

I wouldn't go as far as saying women are more risk adverse, but when it comes to finance, the finer sex has certainly struck me as more cognizant of risk management and being more deliberate in approaching decisions through that lens. Of course this is a generalization, as everyone is their own unique person, but this is one big difference in mindset that stood out to me -- and being able to evaluate risk effectively is really one of the most important skills one can have in this arena.

There are no more girls, only women. But for males , it's a different standard.

exactly

The numbers are gendered

It's very simple, women generally are good with budgeting and saving money but don't feel comfortable investing as much as men do. They often learn from their mothers to play it safe with their money and it's been like that for a long time. One can also argue that women are more risk-averse, but I don't believe that's all there is to it... Because you also do need some amount of financial confidence to throw your money into investments, and I think women generally have a bit less of that

@@elinn1405 Yeah men and women are different and people have different personalities

Did you listen to the episode?

@@tylerrosenthalcod The important thing isn't that they're different, but WHY they're different and if they have to be

Not all people can get rich solely for reasons dissociated with their personal choices in life!! Let's blame society or the government!

Agree . Seems like a Suzi Ormond/Dave Ramsey 0.2 for millennial females. She is rocking youtube atm.

*too

Could you please elaborate?

what do you mean?

? She COULDN'T handle her own finances, learned from those mistakes, now does & teaches much better. Did you just not pay attention to what she actually said, or do you only accept advice from perfect people who've never made any mistakes?

@@iloveprivacy8167 I forget the video, but she's admitted to not being able how to figure out how to give her own employees healthcare. Which is weird since she prides on compensating them. She also criticizes capitalism despite being a business owner. She prides herself on not taking a ton of sponsors yet begs people for their business. She is a thinly veiled Marxist. According to her worldview, you aren't entitled to the things you earn based on how much you serve others or value you provide, but based on your values and positions in life. To her, anyone that is widly more successful than her is evil, regardless of the good or service they develop, or the work they do. She'd gladly take from them if she cold, and she'd do it while telling you that her obviously priveledged upper class lifestyle is spartan. I can't think of a more aggravating youtube channel.

@@elliottmiller3282 OK, thanks for the explanation. Although I have to check out some of her videos to see if I come to the same conclusion.

.

No education like experience!

Don’t we all

@@vikingthedude no, women are the only emotional humans 😅