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Gold vs Bitcoin Debate Reaction, Weiner vs Rochard - Daily Live 28 May 23 | E347
Bitcoin & Markets
The Importance of Uncertainty
Mises: Why do we hold money is because there are future cash flows that are uninsurable. He says Bitcoin will steal gold's monetary premium, but he doesn't think it will lose a hundred percent of its value within the next 100 years. Mises: Gold will keep 1 to 3% of its monetary premium just because of that slight bit of risk that Bitcoin actually fails.
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