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

The Pomp Podcast

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Bitcoin Mining - The Single Most Valuable Thing That Can Protect Your Purchasing Power

When you buy bitcoin, what you are doing as you are hiring millions of people around the world and the strongest computer network in the world to protect ou purchasing power. In an analogue economy, that may not be valuable, but in a digital economy, it's the single most valuable thing that can protect your purchasing power. Yet they're going to do that as long as they can make money mining bitcoin. Even if big coin's price is important, even if bi coin's price dropped 99 %, the 900 bitcoin that will be mine to day will still be mined if big coin’s price drops 99%. The vast majority of people will be bitcoin for good. I don't t

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