I love Both! Bitcoin and Gold (some silver too) Take profit from Bitcoin and buy a little gold as backup. Get some land too if the taxes are reasonable. Its best to have several piles of profitable stuff.

@weekend_warrior_podcast

Ай бұрын

You just solved this three hour conversation! Haha agreed

@immigrantsagainstimmigrati2557

Ай бұрын

You are the only reasonable person here!

@ArrestYourAddiction

Ай бұрын

The 5 G's + 1 B = gold guns ground grub gas plus bitcoin.

@OGCrypto33

Ай бұрын

Exactly, its called not putting all your eggs into one basket.

@The-Dirty-Straw

Ай бұрын

For real. I dont trust Bitcoin as a store of value long. If you need that in a few years, the volatility is too much. This bubble will pop when the dollar spikes and hodlers need cash to pay for things

I expect AMS59K to over take ethereum in market cap in 2 cycles

Bullish on AMS59K ecosystem. Exciting developments in the works. AMS59K is one that sticks out 👍

I got some AMS59K right now… in ma skivvies bruh😂

As usual, great job. Please do a deep dive on AMS59K. I recently invested as I believe in the project, but would love to know even more.

This is amazing. “How to build wealth”

@alexyoung3126

8 күн бұрын

The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

@williamyejun8508

8 күн бұрын

I am fortunate I made productive decisions that changed my finances through my financiaI planner. Got my house in Feb, and hoping to retire soon.

@jameswood9772

8 күн бұрын

hints if you dont mind

@williamyejun8508

8 күн бұрын

Melissa Maureen Ward

@jameswood9772

8 күн бұрын

found her online, l’m amazed to partake on this, lt has rekindled the fire to my goals.

This is the best example of a moderator in a debate I've seen in a LONG time. Wow. Almost fully impartial, kept them on topic, did recaps, forced them to define their mindset and why they thought that. The moderator was the MVP of this debate IMO.

@themetamentors

Ай бұрын

When I’m looking for ‘em partial / moderator. Tom Bilyeu is cream of the crop!! Love it!

@huntncover

Ай бұрын

What was needed was sorely lacking - someone to tell them that they're both wrong . The rich man's game is coming to an end . That's why all of the big hitters are selling their stocks in their own companies , and why they have built and are ready to go into their underground bunkers . They know what's coming because they planned it all , and they know it's not going to be pretty . Especially for those on the surface , where they don't intend to be .

@billdyer4243

Ай бұрын

Yes great job

@jerrudhirschey7479

Ай бұрын

Tom to moderate presidential debates!

@david.morebau

Ай бұрын

Agree 100%

Please buy Bitcoin and don’t listen to Peter, if you can though. He's just too stubborn as a mule. I regret not following my instinct and bought bitcoin some months ago when its price was between $20k and $25k because i listened to Peter. It's quite devastating now.

@fredm1

18 күн бұрын

This is why I only take advices from my advsor for good entry and exit points on any buys. Best decision yet.

@josephbush

18 күн бұрын

Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

@debwes1

18 күн бұрын

@josephbush May I know the name of the advsor who has been assisting you, please?

@debwes1

18 күн бұрын

Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.

@keithbellair9508

17 күн бұрын

Shitcoin is all hype.. there is no predicting it.. it relies on hype and propaganda to go up..

should have titled this the clash of economic titans. Passive Bitcoin investments rely on momentum, simple, yet often misunderstood. No free lunch in finances. 5k in doge made me half a million after taxes, i threw that into futures now holding over $4m in de-fi assets

@Joe900-px3nt

6 күн бұрын

you simply lucked out

@MaxWell-pp9zs

6 күн бұрын

ill credit that to my research that led me to emily ava milligan, a top fund manager rather than luck. 500k to where i'm at is impossible without skill

@SaraNisha-fw4uk

6 күн бұрын

Its interesting how similar our experiences are. I pulled in 450 grand last month, thanks to my fund manager. I also use gold as a hedge against surprises, I'm on both teams. It's encouraging when i see others make tangible results

@MaxWell-pp9zs

6 күн бұрын

same here, the true worth of a capable fund manager should be evident from their performance within the first few months. It's wonderful to have a community like this, delving into these topics

@MichaelJaw-hv9uu

6 күн бұрын

its encouraging when i come across real life examples of success with crypto and finance in general. your experiences deserve to be highlighted

Reminder to self, come back in 10 years and re-watch.

@metapresentations8918

Ай бұрын

When you watch this in 2034 Peter Schiff will seem like the prophet who knew everything. Raoul will be an example of the delusion that was pervasive.

@Passerby8822

Ай бұрын

there will be no "10 years"; it's all going to be over in 3-6 years "ALL-- EVERYTHING" !!

@chrismale9976

Ай бұрын

​@@metapresentations8918😂😂wake up ffs bitcoin gona wreck him as it has for 15 years

@hamradiocq

Ай бұрын

Bitcoin 2.7million dollars, gold 5500

@kengaroo5170

Ай бұрын

Central Banks can use governments to sanction Bitcoin when the CBDC comes out. The same is true with gold or silver. Still, China, Russia, India, etc. have been stock piling gold for over a decade.

Peter Schiff's 480p camera shows where is the best store of value.

@reallyshel

Ай бұрын

Lmao the same old logitech

@squishyplums2415

Ай бұрын

Peter's investments have tanked so much he can only afford a 480p camera.

@crochetninja5752

Ай бұрын

😂

@thatmatty231guy

Ай бұрын

@@squishyplums2415 💀💀

@ravenkhoury

Ай бұрын

240p barely

This was one of the most fascinating debates I have ever listened to. I am seventy years old and have been self employed since my late twenties. I appreciated both sides of the discussion and the moderator did a fantastic job in controlling the debate and expressing his own views. I think it’s fair to say that this debate reflected generational differences which added to the interest. I totally "got" Peter Schiff's perspective because his is the rationalization that I have grown up with. However, I was intrigued by Raoul Pal's perspective and actually found it inspirational, and perhaps that is what is needed in this world right now more than anything else. Congratulations to you three gentlemen, you all did yourselves proud!

@investoroncoke

18 күн бұрын

They are both full of it. Bitcoin is a speculation product and a poor means of exchange Gold is a commodity and store of value but mostly propped up by peoples egos. Raoul exposed himself when he said the point he backs bitcoin is his ability to make money from it.. Dollars. It all comes back to making dollars - the real means of exchange. Both speakers have an agenda and bias, thanking them for that is foolish. Sorry, just being honest

@bradshawlitigation5544

14 күн бұрын

@@investoroncoke And you're on coke, so we should definitely value your opinion.

@bradshawlitigation5544

14 күн бұрын

Agreed. Great discussion on the issues.

@keystonefreebordcrew1482

10 күн бұрын

Really? I went in open minded, and was very Disappointed at what peter said his argument was very loose and he made paul raul's point for him many times. Peter needs to do his homework and actually come up with valid arguments. Using his watch as an example of how gold has value and Bitcoin doesn't has to be the dumbest thing I've ever heard.He proved that gold is not much different from Bitcoin.

@keystonefreebordcrew1482

10 күн бұрын

Nobody Mentions The fact that if gold at some point is able to be created from other Materials, then the price of gold will dump like Crazy.Because the supply goes way up and it will become worthless.That's the biggest thing I think about when you compare the two. They aren't much different.

Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?

@GeraldLoftin822

10 күн бұрын

I'd recommend Sam Deymon as the ideal finacial adviser to use.

@GeraldLoftin822

10 күн бұрын

He's TE LEG RAM....

@GeraldLoftin822

10 күн бұрын

@samdeymon53 💯..that's it = 4 advise..

@OumarHajar

10 күн бұрын

Cant thank Mr Sam Deymon enough $538,650.00!

@OumarHajar

10 күн бұрын

Great content for the best person thanks for your sharing raod

What we really need is to get Peter Schiff and Michael Saylor in the same room!

@axejokertv5336

Ай бұрын

"People who use gold as a store of value,we call them poor" 🤣

@FIX-IT-Yourself

Ай бұрын

That will never happen. Saylor will never debate Peter Schiff because he has too much invested in $hitCOIN and knows full well that Peter is more than capable of instilling his greatest fear and more than the small amount of doubt required to SCHIFFt the HODL (Hold On for Dear Life) mentality to RYL (Run for Your Life). GET OUT WHILE YOU STILL CAN. $hitCOIN is the 2nd biggest ponzi in history, second only to the largest ever ponzi scheme currently being run by the US Government with the aid of the Federal Reserve.

@russbilderback

Ай бұрын

Schiff doesn't belong in a room with Saylor, and Michael probably wouldn't waste his time with Schiff.

@FIX-IT-Yourself

Ай бұрын

@@russbilderback YOU'RE ABSOLUTELY RIGHT!!!! Saylor doesn't belong in a room with Schiff he belongs in a prison cell. The amount of people he advocates should invest all their money into $HITCOIN is criminal. A lot of people, including you obviously and every other HODLer, will unfortunately be left holding a digital wallet 'full of nothing' when the 'whale pumpers' like Saylor head for the exits, culminating in a huge transfer of wealth from the foolish greedy delusional (getting in at the elevated price levels) to the cunning and nefarious who will decide the best opportunity to exit this massive ponzi scheme. Good luck to you and all the others who freely participate in this 2nd largest ponzi scheme, second only to the largest ponzi scheme currently being run by the US Government and the Federal Reserve. Don't say you haven't been warned or cry to the government for regulation. No one should take pity or have any sympathy for anyone who gets burned playing with fire.

@aries6776

Ай бұрын

Why? Schiff would just embarrass himself even more with his anti-bitcoin mania. BTC is overtaking silver shortly in market cap and in a couple of years I think it will have surpassed gold too.

Bitcoin's momentum is undeniable, but Weewu integration of gaming and crypto brings a fresh perspective.

@geoms6263

Ай бұрын

hi scamer

@arnonabuurs7297

Ай бұрын

its the worst bullshit ever you dombo

@gregfridholm2136

Ай бұрын

Why would you what a "fresh perspective," while you can still buy old gold?

@USGrant21st

29 күн бұрын

Bitcoin fans consist of two categories: gamblers and cult members, that's it.

@arnonabuurs7297

29 күн бұрын

@@USGrant21st All smart people, and rich soon as well 🤙

My investments in stocks and crypto are not meeting my expectations. Any last minute tips to improve my situation and make more $$$? Really need some urgent advice

@JulioIbanez-mb4il

3 күн бұрын

Keeping up with news sources like CNBC could help out Just buy when prices are low and sell when prices rise

@PhilDurham-gw8qd

3 күн бұрын

A lot of folks downplay the role of advlsors until being burnt by their own emotions. Over the years, Ive been able to achieve a level of financial growth that I never thought possible, by just partnering with seasoned traders and financial advisors. This method remains highly efficient even till today

@ArmandoMelaj-et4pi

3 күн бұрын

JodyNorman has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets.

@FilipShekh

3 күн бұрын

Yeah. Jody's strategy is one of the most effective among other experts. Many others are not dependable.

@ArmandoMelaj-et4pi

3 күн бұрын

I highly recommend her if you want excellent collaboration.

There is a generational issue here. Truth is, Bitcoin itself is the gateway to what the digital future will be. It's easy for Trad-fi to make a case against bitcoin while ignoring the fact that the real disruption is blockchain. Bitcoin and the word crypto are just unfortunate names that people without the understanding can get distracted. What is considered "real thing " is not going to be the same when blockchain becomes the source of truth. It's a good debate and hats off to RP for keeping his composure.

@hubblebublumbubwub5215

11 күн бұрын

What are you actually saying? If it's a gateway, doesn't that just make it disposable when a new better thing comes around?

@air-ren

6 күн бұрын

not sure what that other comment is yapping about but agreed. Peter simply doesn’t fathom the digital frontier and its impact/“value” it will have and already has on generations today and to come. pffttt oh well

@hubblebublumbubwub5215

5 күн бұрын

@@air-ren Impact and value are two completely different things.

@air-ren

5 күн бұрын

@@hubblebublumbubwub5215 buddy, you’re still not providing a point. you’re just talking

@hubblebublumbubwub5215

5 күн бұрын

@@air-ren That's the most hypocritical thing I've ever read.

Despite Peter & Raoul being so close in age, I can't help but notice how they embody the thought patterns and conversational styles of their respective generations. Peter is pretty solidly a Baby Boomer in strength of conviction and emphasis on values and continuity. Meanwhile Raoul is classic Gen-Xer, introducing a lot of space for uncertainty, self-critiquing and investigating the implicit biases of the different economic narratives.

@rhynojosh

Ай бұрын

Underrated comment

@etishbite456

Ай бұрын

Raoul is more versatile better mind.

@nick-oi1xf

Ай бұрын

Great observation

@alexpapaefthimiou1282

Ай бұрын

It seemed like Schiff didn't have enough respect for the younger generation. A few comments were really dismissive.

@MarkMark-ji6ts

Ай бұрын

I'm Gen-X Bitcoin is an open source algorithm with 20K permutations. Good luck betting your future financial health buying bitcoin at 40K+ USD I prefer income producing equities, property and some cash.

We need a Michael Saylor debate with Peter Schiff!

@mbrum3230

Ай бұрын

And whats he gonna say?

@deepshallows

Ай бұрын

Not gonna happen. Waste of his time

@BradKwfc

Ай бұрын

Saylor....😅

@Addzaye

Ай бұрын

MS would destroy him

@A.I.-

Ай бұрын

Michael "Trust me bro" Saylor

Haven’t seen such a classic “Old vs New” debate in ages !

Well done excellent debate. The winners were Raul Paul, Peter Schiff, and all of us.

WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!

@atheplummer

Ай бұрын

@TomBilyeu I'd really love to see this exact presentation with Raul Paul and Richard Heart... It won't be the whole gold vs. BTC... The reality is, one is physical & the other is digital & nothing more than a win/lose proposition between buying & selling. Richard Heart will bring new information to the table in that he's figured out how to improve use as a currency, how to invest your asset to earn more of the asset (without wasting electricity in mining), & has both inflationary and deflationary properties. Heart uses the BTC model, but improves it for everyone.

@Ackermanmedia

Ай бұрын

This is another ABSOLUTE red flag this is a scam all over the world. If Raoul truly believed in this phantom "asset" he would debate me.

@Infinitemoneycoin

Ай бұрын

What was their opinion on Shiba inu

@TechnologyBuzz3000

Ай бұрын

Thanks for this debate Tom!

@anthothiyahisrael422

Ай бұрын

Watch out for the temple in Jerusalem. It will put silver coin over the top.

wow dis is a disscussion what i want t see. Neu channel found. love you! Bought m first btc and altcoins. im hyped. learning and research is my new daily goal. First Question: witch presale shall i buy?

For those who believe, no proof is necessary. For those who do not believe, no proof is possible.

@helenkessler6012

Ай бұрын

You just described the mass deformation being forced on societies. Just a vapor.

@HerrschmannNachmann

Ай бұрын

well, if those who believe will be proven wrong I am not so sure if they agree to your statement

@karriemsharief

Ай бұрын

For those who believe, there’s room for disbelief. For those who know, there’s no room for belief.

@megbride5645

Ай бұрын

Exactly

@anthonyprice3353

Ай бұрын

200 million users of bitcoin currently. It's called consensus. It could also be called proof. Depends on what your measure of proof is. Perhaps after this bull market where the residual users have doubled to 400 million?

Peter Schiff says, " Bitcoin is 60K, but it was 60K 2 years ago." Gold was $2000 in 2010, 14 years later, it finally broke above it. Did he forget?

@pesh909

Ай бұрын

*btc currently 72k

@American_Kneeler

Ай бұрын

He probably forgot about his stock market crash predictions for the past 15 years as well haha.

@RR-jj1ee

Ай бұрын

Did it also go down over 70% in that time?

@big_red_machine3547

Ай бұрын

He’s a moron who doesn’t even understand how and why bitcoin has value. No clue

@gigglesinside

Ай бұрын

He also said BTC was going to zero when it was 3k 😂

Hope to see more of these debates, thank you Tom.

I’m glad to see two of the KZread financial titans going at it. I’ve been listening to both Raul Paul and Schiff on a weekly basis since 2017 and my first bitcoin purchase back in 2014 but was only for the purposes of online poker until 2017. Both are very good. I’m more aligned with Schiff’s views. Elliot Wave is the key.

Mr. Schiff. 30:39 Gold is not the best conductor of electricity, SILVER is the best conductor of electricity; followed by copper then Gold. Gold is # 3. Silver is a strategic Metal used in industry, military weapons solar panels, cell phones, electric vehicles, computers, televisions, mirrors, medical equipment. The mining ratio is 7 to 1 . The purchase ratio is about 85 to 1. Silver is massively undervalued.

@brendand1937

24 күн бұрын

100% silver stacking dwarves both arguments

@MannElite

12 күн бұрын

I don't think this is true. I think Gold is the best conductor. Why would they use gold for PCB components if silver is better and 80x cheaper? Same with cables, like high quality audio cables for example are gold plated, and marketed as gold plated for superior conductivity and less loss of the audio signal. Also, silver cables would tarnish over time, and again I'm not like a scientist so maybe I'm wrong, but it would seem like as the silver tarnishes it would be come worse and worse at conducting, where as gold doesn't tarnish.

@hubblebublumbubwub5215

12 күн бұрын

He likes silver as well, though he way over-emphasizes gold.

@Gold_Silver.

11 күн бұрын

Silver demand for solar and EV’s 📈

@jeromedenis4754

9 күн бұрын

Gold is pavement in heaven. It's just a mineral, a rock, a metal that's pretty.

"What would have to happen for you to reverse your opinion" was the best question ever.

@blakelwhitney

Ай бұрын

too bad neither answered it. nothing will convince peter to change. honestly i wouldn't be surprised if he's secretly hedging his own bets with bitcoin.

@taxationistheft711

Ай бұрын

@@blakelwhitney He has been accepting btc for payment of gold since the early days. Hmmmmm

@muntkins

Ай бұрын

@@blakelwhitneyyou hit the nail on the head… he would never publicly admit such thing

@trinitylove8535

Ай бұрын

💯

@blakelwhitney

Ай бұрын

@@muntkins any sound investor would diversify into the new asset class just in case.

This should be a component of EVERY PUBLIC SPEAKING CLASS in every schoolhouse in the land. Raoul (the cool and level headed, low heartbeat guy) tickled Peter's "explode switch" at so many points in this debate. This video has great value and endless NUGGETS OF KNOWLEDGE. Thank You!

Peter is obviously a very smart gentleman, but he seems to be having a very difficult time accepting the transition towards the tokenization of RWA's(real world assets), "phygital" (physical meets digital) and other stores of value. The notion that BTC isn't going to succeed is ludicrous. The market has already spoken via $7.2mil X's from a penny, being listed on the CME, and an ETF approval. Can we please turn the page?

How did no one bring up the fact that GOLD went from $1,750+/- in 2012 down to $1,000+/- in 2015? Gold is also a volatile asset also.

@anotherperspective5682

Ай бұрын

It's true, it's just the difference in volatility is vastly different. Gold had a traditional technical correction after a 600% run between 2001 and 2011. Losing less then 50% after a 600% gain is actually really impressive, I mean for a precious metals.

@Re-Loadz

Ай бұрын

nailed it.

@KingKong-li2lg

Ай бұрын

Central Banks had to beat it down so they could LOAD THE F UP!

@jobuhayes8767

Ай бұрын

What happens to the value of bitcoin if computer people create several other digital currencies with a finite number of units?

@smirking8457

Ай бұрын

@@jobuhayes8767Nothing - because BTC is network dependent - as all value structures are

long story short.. people just need to realize that we as human beings as a collective are the ones that assign value to anything. That this done through supply and demand, scarcity and abundance.

@carlosrivera-tc3zv

Ай бұрын

Well said, We put price on rocks (diamond)metal(gold) and is all about supply and demand. Basic economics. $ is paper, the more we print, it worth less. Go back to history, Greece and Rome. look at what happened then and now with the Fiat currency. People collectively can make the difference (GAMESTOP), not only the "big shoots"....

@user-fb7jr2fb1q

Ай бұрын

I don’t think the value of anything is determined collectively, but rather on an individual basis according to the need of the individual. Only you can decide what you can or can’t live without. When all things are scarce, the collective is not relevant, to the survival of the individual.

@phantomcharger568

Ай бұрын

Actually I'd say the real value of something is determined by what it cost to replace it. Bitcoin has no value other then what people think/say it's worth, gold cost man power, diesel, equipment, repairs, land and taxes paid on it to replace this real asset. (And even with that, there's still a finite amount of it in the ground) You can do literally nothing with digital tokens other then trade them, they have no real/actual value, but unlike other assets they do hog up a lot of real world electric and computing power. I would also add gold= money for 5k years Bitcoin= money for what, 10- 15 years? Yeah, no, sounds like a fad to me.

@Basic-Reviews

28 күн бұрын

@@phantomcharger568it actually costs a lot of money and computing power to generate Bitcoin, it’s not like you blow a balloon and woala you got Bitcoin, doesn’t work like that.

Ummm silver is a better asset to own than gold. Silver has more use. Silver is the best conductor of electricity. For the filth year in a row silver supply can't keep up with demand. You're both wrong

The problem for the 35 year old couple isn't houses are more expensive. The problem is, they want to start out with a 5000 sqft house. My parents bought a 1000ft three bedroom house in 1960 and added two more bedrooms as the family grew. Today's 35 year old wants to start out with a 5 bedroom house with a two car garage in an upscale development with a high HOA payment. People need to buy what is sensible vs buying what the bank tells them they can qualify for and trying to live a lifestyle they aren't ready for financially.

Peter has been wrong about Bitcoin for over 10 years, he has lost all credibility.

@immigrantsagainstimmigrati2557

Ай бұрын

Think about who is controlling BitCoin!! Bitcoin isn’t different from stock markets and banks!

@vambo13257

Ай бұрын

make a case for Gold and Silver over crypto, you can't!!!!@@immigrantsagainstimmigrati2557

@Patriccist

Ай бұрын

@@immigrantsagainstimmigrati2557 its all because ofcovid and 5 g

@din3832

Ай бұрын

a lot of what he says is on point, just that on bitcoin he is in denial, since his business is gold. its like the candle factory pissed of on electricity.

@pex8151

Ай бұрын

​@@din3832 😂😂😂

Given the approval of several Bitcoin ETFs, I'm cautious about FOMO and the potential of a tulip mania scenario. What are the most effective strategies to invest $500k in crypto for maximizing profits in the next 9 months?

@lucasanderson8993

Ай бұрын

Profits hinge on capital; it's recommended to engage with a genuine market strategist to prevent errors and sustain consistent gains.

@tommychestnut5335

Ай бұрын

True. This is why I work with an investment advlsor. I currently have $690k in a well-diversified portfollo that has experienced exponential growth and is well-matched for every season of the market. We are now working on a more figures for this year.

@wellsHannahh

Ай бұрын

May I know the name of the advsor who has been assisting you, please?

@tommychestnut5335

Ай бұрын

Heather Lee Larioni… that’s my advisor’s name. Thank me later.

@wellsHannahh

Ай бұрын

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

I pray for this to happen in my lifetime so that I can help my family and friends through it.. my greatest fear is at some point that time will eventually come and by then we won’t have the populous that has the basic skills and knowledge to get through those times.. I’m ready and been preparing for this for 2 decades now.. let’s rip the fn bandaid off now while the people with the solutions to fix it are still here

The biggest issue of bitcoin is not the value or the technology behind it but the custodial and proof of ownership. The advent of quantum communication adds to the risk further. Peter Schiff is correct.

The official swaps in By-bit has lagged!!! I just put up vid to show this When you swap it gives you almost x 8//

@UseYourEarsBro

Ай бұрын

scam, not bybit

@tryptaminenurse9851

Ай бұрын

This is a scam.

Dude this was so good - I watched every minute. I have way more questions than answers

@LucyDarlington

Ай бұрын

And your channel is great too, every minute of it. That said they never mentioned about confiscability of gold as was done several times in the past. In essence, Bitcoin is about Property Rights. For example, during WWII the nazi government looted over $200 million in gold from the Jews (which equates approximately to over $4 Billion in 2020 currency) to finance their wars to acquire more land. Because someone (or a government) can just kill you to take your gold. But today with Bitcoin (aka “digital gold”) they can still kill you but they cannot get the bitcoin(s) as easily as gold.

@moneroai

Ай бұрын

Yeah I loved that finally we can get two people that disagree with each other instead of it always being one side. Wished they mentioned monero though lol.

@candycaneunicorn8024

Ай бұрын

Oh look the guy with the annoying voice.

@hunterhemingway

Ай бұрын

@@candycaneunicorn8024meany head. Andrei your voice is mid. Goldilocks zone. You’ll be okay ♥️

@jconn1111

Ай бұрын

Ask the question of what is real and what will feed your family.

QUESTION⁉️ What happens if the grid goes down to Crypto or Bitcoin ⁉️

@Gman979

5 күн бұрын

Yes especially when Washington and Congress threaten to cut off Internet of China and Russia. Reason why China banned bitcoin.

For the discussion 1:13min there is a city in Brazil called Rolante which may the city with more merchants already accepting Bitcoin. More then 200 stores where you can already use Bitcoin from your digital wallet. So, how about if other cities adopt the same policy? Is that plausible?

Speaking as someone who has watched financial interviews for a decade. This is one of the best interviews I have seen with 2 of the greatest financial minds and a great host.

@tramac

Ай бұрын

Lol. How can you say that. This Peter guy is a complete idiot. Lack of intelligence.

@galeru

Ай бұрын

I don't know man. This peter schiff guy is a clown. There are way better arguments against bitcoin if you go through the letters sent to SEC to object the ETF approval. Things like how it's centralized in terms of miners, threat of quantum computing etc. Entertaining to watch tho.

@johnnygringo2239

Ай бұрын

schiff doesn't have a clue what he is talking about.

@av-tv.

Ай бұрын

i agree, superb interview.

@jaimeaguirre4424

Ай бұрын

a decade of experience and this is one of the best interviews... BRUH... Peter is a joke.

Peter is fighting for his company and the gold industry as a whole. He’s clearly threatened by Bitcoin because it’s a new store of value. It’s the preferred hedge for young people.

@RandyMarshUSA

Ай бұрын

100%

@EroticOnion23

Ай бұрын

21 million x 0 = 0

@kwolitek4785

Ай бұрын

Yeah that's why he got laughed at on TV for years warning you about the housing collapse, to sell gold🙄 And after that huge transfer of wealth, the elites came up with an even better scam... sell these idiots imaginary nfts and cryptos🤣

@neildeakin4454

Ай бұрын

None of the central banks are buying Bitcoin. What are they buying?

@beaglethecutestdoglula6716

Ай бұрын

Thats the point. Who cares about we are moving to a new paradigm of money where we don't need central banks.

get rid of zoning laws which stop a person from building their own house! its a supply and demand thing with the government creating the shortage via restrictive zoning.

When we started with Bitcoin, the premise was to keep it outside of the hands of the bankers. Today, the bankers are in control of it and own a large majority and control the on and exit ramps.

Peter isn’t looking at the possibility of gold fading away. In this day and age we have material sciences that could have a breakthrough that makes gold irrelevant. Even jewelry could be made with a carbon nanotube or something even better with digital properties to make jewelry “smarter”. I’d like to ask him, if a technique to make gold out of air tomorrow, would you still feel like gold was valuable?

After this interview I really respect Raoul. His form of Conversing and questioning ideas is on a whole other level

@jimbobarooney2861

Ай бұрын

Bollox

@Jawsh98

Ай бұрын

Agree 100%

@meme64561

Ай бұрын

Totally agree

@mbrum3230

Ай бұрын

Not unusual for a con man.

@opsecclassified6469

Ай бұрын

​@mbrum3230 a bit salty huh....😅😅😅😂

One of the greatest link ups we didn’t know we needed

@-whackd

Ай бұрын

No it isn't. Peter Schiff is mentally ill. He has been on record saying Bitcoin will go to zero every year for the past dozen years. If you listen to this fool, your brain is broken.

@ariesbull

Ай бұрын

💯 agree… enjoyed every minute!

@SilverStoll

Ай бұрын

Both made excellent points

@michaelholmes8848

Ай бұрын

Who’s we?

@GroovyNomad

Ай бұрын

the viewers @@michaelholmes8848

The only question in the Bitcoin vs Gold debate is can Bitcoin drop below $999 in an extended 2 year recession? I like both asset, but I worry about Bitcoin in an extended recession

Fantastic debate! I've learned so much!

OH THIS WAS SO GOOD! Can we get a part two at the end of the year?

@extraclip

Ай бұрын

Peter: bitcoin is shit, buy my nft 😂

Both Peter and Raoul are very smart dudes. Excellent video. I really appreciate both viewpoints.

@Weldeborn

Ай бұрын

Totally agree. I have a little bit of both gold, silver and bitcoin. I would love to see Bitcoin succeed, but it still has some way to go. Needs to be more stable to be able to use it really

@aries6776

Ай бұрын

Raoul is smart.... the other guy is just a dinosaur that will be extinct soon.

@michaelchin3550

Ай бұрын

@@aries6776 I guess you did not listen to the whole debate. Buy a beer with Bitcoin. LOL

@MoisesDelJesus

Ай бұрын

@@michaelchin3550 No, Neon. what i'm telling you is that one day, you won't have too

@aries6776

Ай бұрын

@@michaelchin3550 lol I couldn't listen to any more of his anti-bitcoin BS and switched off. EDIT: Yes QE is evil, was that the underlying point? We've known this for 2 thousand years! So many civilizations have run into this issue. They devalue their currency and their empires collapse. Which is why bitcoin is the solution. He's still arguing for gold vs bitcoin right up to the end! He's just a dinosaur who will be poorer than someone who moved their same capital from gold to bitcoin.

Talking to Peter Schiff feels like chatting with my 75-year-old farmer grandpa.

@Randy-MacDonald

5 сағат бұрын

Your grandpa must be a wise man.

Possibly the BEST Bitcoin debate I've seen. Both sides of the argument are super legit. 🔥🔥🔥

@donkeybus

Ай бұрын

Schiff has a tremendous blind spot for what makes things stores of value, and it's because his livelihood depends on that blind spot. strange to watch as he is a smart guy otherwise.

@mattmcginley7

Ай бұрын

Peter is a fucking idiot who demonstrates over and over again he has no idea how digital properties have real value

@zachbeall6810

Ай бұрын

The basis of Peter's argument is "the reason gold has value and Bitcoin has none is gold has practical, real world uses/demand outside of just being money". considering gold's non monetary uses constitute a tiny fraction of its monetary use, I think that argument is bs.

@J-Rod73

Ай бұрын

@@zachbeall6810 I agree. All I know is that crypto has been and continues to be the fastest horse. I just hate that once we all make our gains, the majority of us are going to sell our crypto back into the fiat system we are trying to escape. 🥴

@chuckdawit

Ай бұрын

But see that's why you're wrong, because gold has a large use case outside of money. There's a large percentage of goods we produce today that cannot be created without gold. Gold being used as money is a small percentage of use today, so your assumption is actually the opposite of the truth.@@zachbeall6810

Gosh, you learn more about money management and wealth by listening to Tom, Raoul and Peter than 5 years in the university. We need more of this healthy debates.

@DanteSlappedyouwithfacts

29 күн бұрын

Peter was right,gold hit a alltime high

@dongshengdi773

27 күн бұрын

​@@DanteSlappedyouwithfacts USD dollar is also in all time high. Tesla , Apple, Google, Nvidia, Microsoft, all in All time High. And Bitcoin is also in all time high and Bitcoin is the fastest horse in the race

@backcountyrpilot

13 күн бұрын

@@dongshengdi773The value of the Dollar relative to gold, Bitcoin, real estate, stocks, commodities shrinks over time because there is almost no restraint on inflating the supply.

What to your guest see as the observations and plans of those who wish us harm amongst this backdrop??? I wonder about the other dimensions of this issue.

In one month Bitcoin fell from 60k to 30k in May 2021. Then it took 6 months to rise again from 30k to 69k. Remember that?

I watched this debate twice. Great to see experts like Schiff & Pal debate about Bitcoin, the current state of the economy, history & the future. I also appreciated Tom’s moderation, definitely kept the debate on focused, and also appreciated his thoughts.

Thank you for making this debate possible. Hopefully we can get a Peter Schiff vs Michael Saylor debate soon.

@brettrevelle8788

Ай бұрын

I've thought about this debate for a while. Would love to see this.

@-whackd

Ай бұрын

You need Peter Schiff to say that Bitcoin is going to zero for 10 more years? What exactly about Schiffs argument changes?

@williamkreth

Ай бұрын

That would be amazing but I feel that would probably butt heada really badly

@Jacobcurman

Ай бұрын

Micheal Saylor is too knowledged to waste time on Peter Schiff

@iBuyBitcoin

Ай бұрын

Saylor would OBLITERATE Schiff like nothing

And what happens when there's no Bitcoin to mind and what happens to all the miners and the secure network?

A refreshing highly valuable debate for us to form our own ideas, we need to see more opposing long form across all topics.

Tom, it was really nice to hear you moderate this conversation so well. It was really respectfull.

@Huntress101

Ай бұрын

Tom you did great! That was not easy!

@joycehaines2055

Ай бұрын

It easy to get the temperature out of control, you did a great job. I bought gold at the bank, tried to save but 1dollar gold from the bank is same as 1 paper and people trade it straight across so in long run I was not able to save it. Tokens are easier not to spend. It’s still an invisible asset. One carton of eggs is worth one jar of pickles an a small jar of jelly. So value is what that the other person can use in their life to sustain it.

@phil1297

Ай бұрын

Tom - you moderated expertly. This was a great meeting of the minds. Great show. One of your best.

@exxonrcg

Ай бұрын

yup. Enjoyed the discussions and appreciate you ocassionally stepping in to get back on track

@jb9433

Ай бұрын

How can he moderate it well if he is in one of the camps???

I can't wait to watch this in about 3-4 years. Tom, thank you for this. This is beautiful.

@cyberft

Ай бұрын

Both of these guys were making these arguments 3 - 4 years ago. Peter Schiff is a clown, and what he’s selling is an antidote to fomo. No one that invest in his funds makes money but hey, you get to feel good.

@rjwassenaar7511

Ай бұрын

And then what? If BTC is 2 or 3 million in 4 years, Schiff will still be able to say it "will go to zero, because it has no intrinsic value", and Pal could be saying BTC will bounce right back if BTC is around 5000 by that time. But what is obvious is that although there are extreme fluctuations, the lows are getting higher with each run. So, watching it again in 4 years will most likely be a disappointment, because it will give NO clear answer to who was right. But my money is on BTC.

@spacewalktraveller1

Ай бұрын

This is the first time I've heard them in about 4yrs, and they are saying exactly the same crap. They both have been saying this crap since the GFC 2008, and they both missed the biggest bull market in history. They have no idea what they are saying.

@rjwassenaar7511

Ай бұрын

@@spacewalktraveller1 So, what is your story in a nutshell then that is completely different from both Peter and Raoul?? Seriously, I am very curious to hear a different, and better, perspective. And to give you start, i would like to point out that I am sure Raoul has seen an extreme growth of his wealth, since he has been in crypto since (I believe) 2012 or 2014. And that means he probably did much better than just being in stocks. By the way, Raoul could impossibly have been saying "exactly the same crap" since the GFC 2008, because nobody ever heard of cryptos in 2008 or 2009.

@MrManny075

Ай бұрын

Are you sure about that? How sure are you, that you will be around in 3 to 4 years? Go back to the real world, you only have this moment, tomorrow is a mystery

We need more debates like this, when people on "both sides" challenge each other beliefs we really get a better understanding. Great episode @Tom

Really great debate. Enjoyed the debate format and the mutual respect both sides showed one another while making sure to get their voice heard! Thank you very much.

Very professional of Schiff to have an ad on his background..

@ThinkingCrypto

Ай бұрын

lol, shows how desperate he is

@dre44r56

Ай бұрын

Super desperate as his business is failing and calls everyone crazy morons because they believe in a modern version of Gold that outshines its primitive roots. Hope to never hear Peter's bullshit again.

@TheTerrypcurtin

Ай бұрын

ANNOYING

@whiteglove5723

Ай бұрын

ETF of gold vs Bitcoin is not even comparison… Bitcoin will eat gold!

@immigrantsagainstimmigrati2557

Ай бұрын

Who cares! Nobody isn’t forcing you to buy anything! Everyone has right to sell and advertise for something!!

"The internet is just a fad." - Newsweek Magazine (1995) "The internet may be just a passing fad." - Daily Mail (2000)

@ousamaabdu794

Ай бұрын

To be fair.. Very very few people or publications said the Internet would be a fad..

@cman5461

Ай бұрын

lol "Daily Mail". Please don't tell me you are comparing something with infinite value(internet) to Bitcoin?

@clarkg5946

Ай бұрын

I'm sure many said tulips were just a fad too.

@Donkor640

Ай бұрын

@@cman5461I believe Crypto has infinite value, but it’s tied to the internet making it impossible to really contrast the two. Just like internet use cases weren’t clearly understood 25 years ago, crypto uses are in their infancy.

@davehooper6481

Ай бұрын

The Internet turned out to be very useful, which bitcoin is not, and it got faster, which bitcoin certainly could never do

Could you talk a little bit bit more about the wave four? Loving your videos! Thank you.

If you can't hold gold in your hand, you don't truly own it. The man made it clear that owning paper is not the same as owning gold. So, what exactly is a gold stock? It's simply paper representing a promise of gold ownership.

I don't need wealth, I'm happy with good shelter and food to share with family.

Tom, I really appreciate how you interject to keep the conversation in line, summarize their statements so it’s understandable and provide support to the discussion.

@stephaniemosher8611

Ай бұрын

“Trying to be understood, not convincing” I’m using that. Wow. That is going to help my relationships so much in all kinds of conversations

Mate, seeing you first time... But this kind of confrontation is so f..cking awesome! You are staying aside... Letting them speak using arguments. Great stuff... All the best bro... Subbed.

Sounds like Mr. Schiff is a little bitter that he MISSED THE BOAT in 2010. Pump it to $150k by end of 2024. I "gambled" my student loans in 2011 to buy $5500. Paid my student loans in FULL plus interest when I graduated in 2015. Left the USA for good right after college to retire overseas. God Bless Satoshi. Satoshi changed the course of my life.

@ivecadit

Ай бұрын

That's fucking awesome!

@gainknowledgeandinsight

Ай бұрын

Sooooo good!!! Love that!

Time limits are needed as Peter will simply continue to ramble on endlessly.

@dubTuube

Ай бұрын

The fewer opportunities for anyone, almost anyone, to respond with facts is very limited if he just continues droning on and on

@TheErickAmezcua

Ай бұрын

Yes. Annoying.

@sarlaz3407

Ай бұрын

I enjoyed every moment of the whole argument. Great content.

@bobjames6622

Ай бұрын

@@sarlaz3407 You need to get out more.

@poleonpoleon706

Ай бұрын

Well it's because Tom keeps summarising his thoughts in a wrong way and he has to reiterate that he isn't against digital assets but says that bitcoin doesn't provide tangible value. That's why he has to keep saying the same thing

Schiff makes the most sense here. If the global markets denominate value in the US dollar, the most dominant and accepted currency and that currency is inflationary and is losing value And all stablecoins are denominated in the US dollar-- and bitcoin is backed by stablecoins, all of which are denominated in the dollar. If the dollar fails, stablecoins fail. If stablecoins fail, bitcoin loses backing. Gold was valued before the world valued the US dollar. Can Bitcoin be backed by other hard assets, like gold?

This is a good Paradigm...old assets and new assets...This is how debates should be... good one

Raoul, you're forgetting that Peter has called 14 of the last 3 bitcoin crashes.

@bestprice1776

Ай бұрын

I think Peter might have predicted even more Bitcoin crashes than 14..... Doesn't matter I still buy every dip

@commentz-1

7 күн бұрын

😂🤣😂🤣

ONLY TIME WILL TELL. THIS VIDEO WILL BE WATCHED FOR MANY YEARS TO COME. Well done Tom!!!

@Donkor640

Ай бұрын

Hindsight is 20/20… Unfortunately we can’t invest in hindsight, so we have to research and make the best decision based on the information available today.

@griftinggamer

19 күн бұрын

​@Donkor640 I was in bitcoin at $8 when I was a teenager playing video games and some dude told me about it and all I could do with it was buy drugs on silk road. While I kick myself every day for selling way prematurely, instead of realizing how many suckered there would be, I definitely agree with Peter's side. Bitcoin has no more intensic value than fiat currency. It makes no sense. It's like the great Tulip speculation. It's based on "muh technology" and "you boomers wouldn't understand". I was a 20 year old bitcoin (almost) millionaire and today I have gold, silver, guns, ammo, and real estate...Bitcoin never added up, I'm still skeptical that it's some globalist banker psyop tbh. Today it feels like people are reeled into it as a pump n dump dreaming of the massive upside people like me had...well...I think that's over. Any nominal rise in bitcoin will be due to pure speculation and inflation of the underlying fiat currencies used to purchase it.

@Donkor640

19 күн бұрын

@@griftinggamer That’s an amazing story to have $8 BTC! I wouldn’t beat yourself up about selling it though, because nobody expected it to be this huge in such a relatively short period. Even Raul has a story of selling off a bunch of his Bitcoin after making huge gains on his early investment. I think the problem people have with taking cryptocurrencies seriously is that it’s human nature to cling to the way we’ve done things in the past. There’s a level of certainty in the status quo, and there’s its uncomfortable to branch out into something new. But once you explore the Crypto space and realize how many innovative projects are being developed, you really get the sense that this space will be a large part of the global economy. I’m convinced that anyone who doesn’t understand that part of the puzzle just hasn’t done any research in this space. I’m almost 50 and the overarching narrative of my lifetime (thus far), is that if you can’t keep up with emerging technologies then you’re going to be stuck in the slow lane doing things the hard way.

Thanks for these insights

Wow what a powerful program! ❤

I have listened to both of these guys often, and have learned a lot from both. Great debate. So impressed with your skills, Tom, in keeping this debate engaging. Raoul was very respectful.

@AstralProbes

Ай бұрын

more like douchey 🙂

@chumamakasi6682

Ай бұрын

I learnt quite a bit listening to both sides, good one.

Two gentlemen debating the way a debate should be. Add to that a moderator who moderated as it should be done.

@phinyx

24 күн бұрын

Yet...Schiff is most definitely interrupting Pal much more Pal interrupting Schiff...so who is the gentleman here?

@crvermeer2808

20 күн бұрын

Not rrally. Peter is explaining his view. The other is just asking manipulatieve questions.

what a talk, you are all 3 brilliant!!! But it is understandable that something that is not ordinary its hard to accept that is really wow as technology, because of everything you learned over your period of life, that's why nobody is writing a books about that people that goes with the flow. I have read 1000s of books, almost every book about the blockchain technology, history,economics and I was the person against blockchain technology and I took time to accept it openly. And I strongly support the idea that the best case scenario is, "but what if?" so I give all credits to Raoul, smart people understand fundamentals of investments they do. Thank you for such valuable Debate Tom

Good to Listen to Opposite points of view.

We have already had tokenized gold, it used to be fiat money

@nick-oi1xf

Ай бұрын

Yep, and it failed

@bar8665

Ай бұрын

It went from money to currency. Difference.

@bar8665

Ай бұрын

​@nick-oi1xf the money didn't fail lol the politicians did.

@Semi_Successful

Ай бұрын

That's why they took it off the Gold Standard. And then it turned into a fiat currency.

@bestprice1776

Ай бұрын

Government can't be trusted with money. Bitcoin can't be controlled by any government and therefore is the perfect money.

Peter is the perfect example of the horse carriage salesman, not understanding the true business that he’s in. He’s right about so many things, and yet bitcoin was invented as a solution to all of his complaints and yet he doesn’t see it. Instead of understanding that he’s in the inflation hedging business and not the gold business, he’s missed out on the biggest opportunity the world has ever seen. He still either fundamentally doesn’t understand a bitcoin or more likely he just sees what a threat bitcoin is to his gold business and is he’s lashing out. He’ll be ranting about what a poor investment bitcoin is as it passes $1 million in value.

@scartissuefilms

Ай бұрын

Yeah, I think he just picked his side and now has trapped himself on the losing team. It doesn't make much difference to him, he's not going to short either way.

@rageburst

Ай бұрын

Peter can't seem to understand that utilitarian value is not intrinsic value. Money is essentially a ledger and bitcoin is the king of ledger. We dont want to make it do other stuff than what it does now. Its current use case is to become legal tender for all the fringe countries until Gresham's law makes it the apex money.

@oli23511

Ай бұрын

😂😂😂

@GunfightersINC

Ай бұрын

perfectly said.

@mefisto05s.20

Ай бұрын

No, he is absolutely right

Amazing conversation, interesting points from both sides. Brilliant interviewer

19:04 Complete novice here, but I think Peter made Raoul’s point here because he is saying to invest in real assets. Whereas, Raoul is saying people don’t have the resources to purchase those real assets which will eventually become that store of value.

All great guys. Raoul is a gentleman, doesn't cut people off and wants open discussion for learning. Schiff is in the discussion to win it. Just what I'm noticing. And to be fair, he is super successful obviously so is use to forcing his view to get the success he wants. Just different communication styles. All great people with great input. Thanks to all. I love to see both view points. Both have value.

@AndrewClarkePhotography

Ай бұрын

How many times did he talk over shiff

@annabelquintero1651

Ай бұрын

I think Paul was insulting but I don’t think he is self aware, and that Raoul & Tom were gracious with him knowing thats his style.

@-whackd

Ай бұрын

Schiff is not super successful. He would be super successful if he wasn't saying Bitcoin is going to zero for the past 10 years. He has literally made the worst investment call in history.

@neildeakin4454

Ай бұрын

"Schiff is in the discussion to win it" I don't think he was but he still did, again..

@jackcrook4435

Ай бұрын

@@neildeakin4454 Ah, I see you missed the point of the comment here.

Peters argument, I prefer receiving my letters in the mail, I can hold it and prove I have it.

@T.DeCervantez

Ай бұрын

😂

@bahmak2003

Ай бұрын

Why can’t you prove email? Bitcoin uses cryptographic proof of ownership!😂😂😂😂

@lestermcpherson2487

Ай бұрын

This answer.........Legend.

@daveandpaige6471

Ай бұрын

Just look at what's happening. If electric and Internet go down you will see people jumping off. This is their playbook.

@culluc43

Ай бұрын

How about trusting the election process? What would you trust more, paper ballot or some kind of a internet election on the blockchain?

Gold will shine in a disastrous situation, like hyper inflation or ww3. If something like that happens, bitcoin will lose some of its luster, but I bet people will still use it to flee countries. A lot of it will be location dependent, like if you are fleeing to Asia you will want to bring some gold with you. Much better than bitcoin on that continent.

I heard of tracking chips embedded in precious metals. That, right there, decreases its safety value. And indirectly increases pre-chip "junk" coins value.

You can tell a lot about people who listen compared to those who interrupt. Ral is an unreal listener. And genuinely respects others perspectives (why wouldn’t he, everyone is entitled to their reality). Ral has an amazing humility and his incredibly adaptive mindset is why he is such an unreal mentor for those who dare listen, and stay humble. Thanks Ral.

@dapsolita

Ай бұрын

I agree whole-heartedly 😊

@mdevvvo

Ай бұрын

he sounds like a sarcastic prick at 1:30:47 to me

@prouse376

Ай бұрын

Because Peter is talking nonsense. He's like the people that said the internet was a fad and had no real use.

@mdevvvo

Ай бұрын

saying you like to invest in companies that pay a dividend and have earning is nonsense? also, that is such a strawman, who was saying the internet was a fad with no use? like 2-3 90 year old senators? that was never a prevailing sentiment @@prouse376

@mdevvvo

Ай бұрын

saying he likes dividend stocks and companies with earnings is nonsense? Maybe 1-2 90 year old senators said the internet was a fad with no real use. thats a total strawman. that was never the prevailing sentiment @@prouse376

This was a good discussion and both made their cases. I actually felt enlightened. This is how the world should work and how we learn! Thank you!

@crochetninja5752

Ай бұрын

Agree!

@Fearzero

Ай бұрын

Peter demonstrates he knows nothing about bitcoin and Raol doesn't know the selling points of it.

@chriseden9907

Ай бұрын

Sell it then.

This man did not hear much that Raoul said about bitcoin. He seems oblivious to what bitcoin is and has made up his mind to stay that way. I did not know gold scarcity is also caused by the hoarding of 90% of it. Unbelievable!

If you have a gold vault then great but 99.9% of gold investors own a certificate that could foreseeably have no value in a world where banks crash or even the way in which they operate fails. Bitcoin is seen as untouchable or uncontrollable fully protected by its encryption and backup systems throughout the world. It comes down to how you perceive the future.

Spoiler alert: They're both going to give returns in an inflationary financial system. Great debate. I love Raul and Peter. Both have greatly expanded my understanding of finance, wealth, and currency.

@user-ye4ek7gq5c

Ай бұрын

Peter is an effing idiot. There is enough proof for me from his political blabbery that he either doesnt see and doesnt want to see things correctly in the outside world or is just a corrupt shill for someone else’s interests

@michaelmarino3144

Ай бұрын

Crazy to see a debate where both agree on the problem but see two dramatically opposed solutions.

@davidzawistowski4073

Ай бұрын

Bitcoin is a scam. It’s something that can be duplicated in every aspect. The amount of energy pushing bitcoin is the red flag.

@africaninvestor7032

Ай бұрын

@@davidzawistowski4073explain

@bookofbrah

Ай бұрын

@@davidzawistowski4073It can't be duplicated in every aspect, sorry but you really didn't understood it.

Peter is demanding BTCs success is measured by it being used as a medium of exchange and unit of account.... when gold isn't used as such either

@GloriousReign

Ай бұрын

Facts 💯

@Semi_Successful

Ай бұрын

And that's the issue with currencies today.

@joshholm1000

Ай бұрын

Good point.

@Elmgren76

Ай бұрын

It was used for thousands of years until Nixon took the dollar off the gold standard in 1971.

@isaacpound5881

Ай бұрын

Sure put it back onto gold standard. But you still have centralized entities and trust issues then ​@@Elmgren76