Alex https://www.youtube.com/user/australiaalex and I discuss the pros and cons of gold versus Bitcoin! Bring your questions!

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26 COMMENTS

  1. One thing you are forgeting about silver is that it is the 2nd most usable comodity in the world after oil, you need oil for electronics solar panels cloth etc.
    So how are we going to avoid technology advance without it? Besides of being money in human civilization history besides gold, my money is on silver!
    BSV is the original bitcoin protocol, btc will not last without scalability, bitcoin core don´t want that. BSV has upgraded to 2GB size blocks for everyone to start to build on the network like Lark said it´s all in BSV, besides of low transaction fees!

  2. I just thought of something ? The reason our government would never ban crypto is because of all the capital gains tax they take in from it …. its as good as gold to them ?

  3. Was enjoying the show until you guys talked about asteroid mining and space exploration, no one went back to the moon after 1972, the technology was destroyed so nasa says and is planing to go to mars before colonizing the moon? Wake up guys separate the economic debate from the fantasy debate!

  4. my dude.. the internet is not here to stay you mofo.. crypto is just barcodes online that dumbasses put cash in and out of, will not last. Internet dies, so will crypto. acts of god will knock out internet, electric and communication grids. Deliberate corruption by BOSSE$$ will do this and take access of everything you have stored on the online barcodes from YOU. don't be stupid

  5. Bitcoin > Silver > Gold. BUT Bitcoin will be very volatile. Take a position in all 3 I say and rotate based on performance. Expect higher returns on Bitcoin but Silver and Gold will give you stability and you can liquidate these without as a big a temporary drawdown that Bitcoin may experience. There will be times where you may need to liquidate.

  6. J.P. Morgan: "Gold is money, everything else is credit." I got convinced Bitcoin was the real deal and not just a fad when I bought physical gold with Bitcoin. It was then that the light came on and I realized bitcoin is digital gold. Would have been much better off just keeping the Bitcoin!

  7. KINESIS Gold Money! 1 for 1 vaulted gold backed cryto currency. Best of both worlds and you get a yield on your money! Why is it that none of these crypto experts are talking about Kinesis?

  8. Put it like this. Holding something tangible is great. I agree. You'll know it actually there. Lets say cryptos take over. The gold bug where right. The super powers throw a EMP bomb. They wiped out the internet. We went on living without telecommunications. Thats a true dark age. Think about it. Everyone will try to kill everyone. Yea they dont mention that tho. So work will be cut in mass. Circulation of money will take forever. Food will take forever to get there as well. When Gold rained as the true currency. How did it look for the regular people. Not very good at all. So you will go back to being a true peasant. With crypto is the opposite. Thing will still move in fast. Even faster. It will be a better transition for everyone. Jobs will be able to switch over in real time. Communications will be better/faster. Your money wont inflate at all. New development will manifest. A more open market will be better. So the little guy will have a chance to create a real world use case. Instead of just having one or a few companies control everything. Besides that. They wont be able to function right with out tech. Everyone love tech. It will be kinda shaky at first. It will adapt tho. If you go back to metals. Good luck. In time the samething will happen again. That will show that people dont learn. Fiat will be taken off the Gold standard again. Than you'll have inflation corruption, so many wars/death. If you want that. Something is very wrong with you. Just speaking out loud. Could say a lot more. But ?

  9. Nice debates but at the end of the day we may just have both. A decentralized web would virtually solve the "EMP" issue. If you need liquidity on the global network use crypto. If you want a local physical economy use gold, silver, or still crypto. Gold-backed cryptos have counter party risk. Silver's too rare and gold is too valuable for most people to have.

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