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#740 The Ultimate Bitcoin vs. Gold Debate w/ Peter Schiff & Peter McCormack

The Pomp Podcast

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The Most Valuable Commodity in the World to Day?

In an analogue economy, physical commodities are by far the most valuable when you transition into a digital economy. I don't get on coodon power when you oln on bitcoin, or when you think about computing power as a commodity. But over time, more and more of the economy will move on line, income more virtual, et cetera. That doesn't mean that anis just a waste of consating power. And if find is bnially the us. Dollar was gold. If they had asked what dollars were backed by before we came ff the gold center, you would say, gold. Right? The us. dollar was backed by physical commodity terms of gold.

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