2min chapter

Coin Stories with Natalie Brunell cover image

Luke Gromen & Preston Pysh: Macro + Bitcoin Outlook for 2023 - "Mild Recession Not an Option"

Coin Stories with Natalie Brunell

CHAPTER

Gold Standard or No Gold Standard?

Preston: From an individual standpoint gold's going to protect your buying power right. If we're looking at a major currency global currency crisis if you go out and buy gold it's going to preserve whatever buying power you stuffed into that gold. I suspect that gold's still going to have quite a bit of demand on either side of this um or on the other side of what we're about to go through here in the coming decade. On a sovereign level using it as a peg to to write a currency on top of it is where I have a major issue with it because history it has always failed every single time no matter whichHistory book you're looking at gold with a currency writing

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode