Mortgage Your House for Bitcoin? - Daily Live 12.12.22 | E280
Bitcoin & Markets
00:00
Should I Mortgage My House?
The inflation narrative was so dangerous in the beginning because we haven't seen money printing. That's why Bitcoin and gold both have not performed. The greatest gold is much less liquid, that's why it has fallen. Less scarce means more energy goes into finding next marginal gain. So George doesn't want to say that he wouldn't say that gold is a certainty either, but it has 5000 years of experience. To back up his arguments for monetary failure with gold, just look at the arguments for bitcoin.
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