Today, we're continuing our conversation about how to transition from "risk to rescue" by delving into the reasons why fiat services may be riskier than crypto, despite long-held beliefs that the opposite is true. If you're a compliance professional who is feeling deeply dissatisfied with the scope of your work at the moment, you're not alone, and this episode will shed some light on why that is the case! If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is. Today's episode: [00:38] An overview of today's topic: Why fiat services may be riskier than crypto? [01:52] Why owners of fiat accounts are a hugely underestimated risk. [02:14] Where the value of fiat currencies is derived from. [02:46] Problems with the fiat system. [05:28] How we should be thinking about our savings versus our investments. [06:38] The biggest risk of the fiat system. [07:16] How financial institutions and government regulations manipulate compliance professionals. [07:56] Examples of new regulations and requirements that took effect in recent decades. [10:03] What these new regulations have failed to achieve. [12:33] Why do so many compliance experts feel deeply dissatisfied with the scope of their work? Show links: Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package! I would love to invite you to sign up for my newsletter. If you are interested, please click here.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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