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353. The US Dollar Might Collapse | Peter Schiff
The Jordan B. Peterson Podcast
Bitcoin: A Cryptocurrency That Works
Bitcoin is similar to fiat, in that all of its value comes from faith and confidence. People who buy Bitcoin are buying it because they expect the price to go up. It's very cumbersome if you want to use it as a medium of exchange or a unit of account. So, it's not gold. It's digital fool's gold. But you hit the nail on the head when you talked about a crypto that's actually backed by gold. That works."
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