Can Bitcoin Take All of Golds 7 Trillion $$$$ Market Cap? Bitcoin vs Gold




Bitcoin vs Gold. Which asset is the better store of value? Gold has been considered one of the best store of values for centuries, but since Bitcoin’s inception in 2009 many argue that BTC is the better store of value since it is a “digital gold”. Can $BTC take Gold’s 7 trillion dollar market cap? Tune in to find out!

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

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33 Comments

  1. have you looked into karatbars international they got a gold backed crypto KCB and KBC top company in my opinion. 4th of july 100 KBC coins will = 1 gram of gold

  2. Lets all be sincere to ourselfs, gold supersedes all but that doesn't mean btc is a bad idea, it really helps, at least i bought a house trading btc with Donald Earl

  3. You can buy gold or silver using veritaseum, stored physically and on the blockchain, it can be redeemed physically or the token can be sold on.

  4. Gold currency of kings, silver currency of lords, paper currency of paupers, credit currency of slaves, digital currency of fools!

  5. STOP

    The majority of us do not want BITCOIN to drop any further, It has been dropping down for more than

    a year, Enough is enough.. Let's begin smiling to enjoy the long lasting up trend that is coming up soon

  6. Interesting to see ŁItecoin WEG Bank Crypto announcement on or around 1st May…..

    Bitcoin ‘Halving hype’ on the horizon..?..?

  7. Long term, both gold/silver and bitcoin will be better than holding USDs… they will keep printing to infinity.

  8. If the world goes dark, food, water and necessity items outway any form of currency regardless. It’s a mute point.

  9. Gold is a larp. If electricity shuts down long term no one will give a shit about gold. Bullets, medicine, and canned food.

  10. The US dollar has lost 98% of it's value since 1913 to put that into context if you had a million dollars in 1913 today it's worth 20 grand. My conclusion…. fiat currency is terrible store of value .

    Did you know the contents of a safety deposit box is effectively the property of the bank? Surely a wise man would not trust their wealth to a bank.

    Did you know there's a few ETP's which are redeemable for physical bullion, as there are gold and silver backed crypto projects redeemable for physical bullion. Most are free of storage fees.

    Did you know a million dollars in gold is about 2/3 the volume of 1 million in cash. 100,000 worth gold one could easily hide in their prison wallet! I wouldn't try store a million in gold in your prison wallet cos' it would be a 4.3 inch or 11cm cube that weighs about 1.7 lb or 770 grams… ouch.

    The thought of mining extra terrestrially is cool AF but that would obviously blow the roof off of gold production costs and the price of gold would reflect that.

    Unfortunately BTC suffers from the same ailment as gold ie. price manipulation via derivatives etc. You don't need to mint bitcoins to dilute the price you just need to rehypothecate the shiznit out of it. You know the deal fake volume, front running, uncovered and undelivered futures, exchanges engaging in fractional reserve scallywaggery.

    Bitcoin was created to be money (money by default is currency). BTC in many respects was designed to mimic gold unfortunately unscrupulous people have found ways to manipulate both gold and bitcoin. People will always find ways to rort or game the system. It's evidently in our nature.

    Sadly it's back to the drawing board as far as I can tell.

  11. I love your show! Always amazing content bro. Can you please cover IOTA? They recently partnered with city of Austin and Jaguar. You can earn iota by driving. Please give us your views on it and if I should buy some.

  12. silver is the crux chico,with no silver there are no computers to trade crypto and is just as rare above ground as gold,mining costs with impending financial collapse will surely slow production

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