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

The Pomp Podcast

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The Difference Between Buying Bitcoin and Not Buying Gold?

When i buy bitcoin, and you're trust i hire millions of people around the world to defend to the death my purchasing power. No, they're defending to the death your bitcoin. Your purchasing power can evaporate because they're defending nothing. That's how price is determined. Rate is based on supply and demand. E, i will agree that investor demand for gold has gone down, ok? Not people are dropping gold. Investors are more inclined to gravitate to risky investments right now,. Because this is a mass of bubble. People getting rich speculating gold is not about getting rich. Well, i feel bo. I just arav evy risk.

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