5min chapter

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Gold vs Bitcoin Debate Reaction, Weiner vs Rochard - Daily Live 28 May 23 | E347

Bitcoin & Markets

CHAPTER

The Uncertainty of Bitcoin

The resolution is not that Bitcoin will outcompete gold over the next hundred years. It's that gold will not be an important money, which is a completely subjective claim and probably correct. The classic gold standard didn't even last 100 years. We're not talking 5,000 to 13, we're talking 60 to 13. So anyway, what else did he say? I'm just trying to sum up all of his points. Savers will turn to gold, we covered that. And so Keith Wiener talked about financialization because there's no yield left,. Because the fed controls everything perfectly, exactly how they want it to happen.

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