Get more amazing videos like this on Real Vision Premium for only $1 for 3 Months here: rvtv.io/YTDollarPin No more waiting for the content to make it here weeks or even months after it was shot and no missing out on insights and information that move markets. Better yet.... No advertisements! Join today!
@user-hc5hy3lm7k4 жыл бұрын
How is bitcoin going to replace gold jewelry, you gonna wear invisible imaginary tokens? You gonna give your wife an invisible imaginary wedding ring without her slapping you in the face? lol
@hoastbeef12025 жыл бұрын
The rap industry is single handedly keeping the gold industry alive.
@tamikofox-lunn35915 жыл бұрын
@@whoyatoya lol
@skippssruelas47515 жыл бұрын
gold just dropped major this month
@BIGTUNES20105 жыл бұрын
@@skippssruelas4751 I WONT CONSIDER IT MAJOR when a little over a month ago it was 100 less.. it just settled
@mayamaya-kn8mk5 жыл бұрын
racist
@Eplemos4Life5 жыл бұрын
hoastbeef gjyhk
@tensevo5 жыл бұрын
I am bullish on Bitcoin, but that advert was quite trashy. No need to disparage Gold. In fact, probably your best allie.
@beamerM55 жыл бұрын
The same way silver has industrial utility, gold does as well. Don't get me wrong, I have a stake in Bitcoin, but bashing gold to promote Bitcoin is ridiculous
@opnion22945 жыл бұрын
when governments and larger banks start there own digital money bitcoin will go in to sewer.
@kurthoman2425 жыл бұрын
dee pack "when governments and larger banks start there own digital money bitcoin will go in to sewer." Have you just come out of a coma? The US government already has their own digital "money" and it's called the US Dollar. Is it too much effort to take just a few minutes to understand the value of the "decentralized" nature of crypto currency? Banks can come out with their own "crypto currency" but it will not be decentralized thus it will not compete with decentralized crypto currencies.
@CryptoKevin5 жыл бұрын
@@opnion2294 Venezuala has alredy started their cryptocurrency, it's called the Petrol but because it's run by a corrupt government it will probably not do very we in my opinion. There will always be a market for Bitcoin and other cryptocurrencies. Don't be so afraid of it.
@hashbeatscash77615 жыл бұрын
@@opnion2294 Most people distrust gov't and big banks for the mess we're in now. Why should we trust them with a centralized "crypto knockoff" currency later?
@jamesbruce96074 жыл бұрын
@@opnion2294 You sound a bit thick
@fizzbuzz83615 жыл бұрын
Fascinating listening to Barry and Raoul, clever, articulate people. I learned a lot from this interview thanks
@codezionjr5 жыл бұрын
Why not Gold+BTC, then #dropfiat?
@andrewgutierrez885 жыл бұрын
gold is shit compared to PROGRAMBLE FINITE MONEY
@nameless_no_name5 жыл бұрын
@@andrewgutierrez88 arrogant pup.... I bet people in present day Venezuela and Nazi Germany would slap you in the face during their crises for your blind lack of understanding and arrogance wrt the real world.
@steveweiss71915 жыл бұрын
yes
@cxMLG5 жыл бұрын
@@nameless_no_name wrong
@nameless_no_name5 жыл бұрын
@@cxMLG History proves me correct
@btc1755 жыл бұрын
When he was talking about gold bugs he meant Peter Schiff
@mattjames49785 жыл бұрын
Schiff holds a lot of Bitcoin, so says his friends
@james38764 жыл бұрын
@@mattjames4978 he's been offloading all of his gold for the past ten years to buy Bitcoin. He hopes to be the world's first trillionaire before everybody catches on.
@skydiver7115 жыл бұрын
Yeah after 5000 years "Its different this time" We are so advanced that gold will be useless its different this time. NOT!
@CryptoKevin5 жыл бұрын
Something in between 2 extremes is my guess. That's why I have invested a little in both.
@terrorbear75 жыл бұрын
triggered
@bensavage63895 жыл бұрын
Im looking for some sort of blockchain backed automated conversion. A service that holds gold in a new blockchain crypto..its held in an insured vault (fees deducted from the cypto). When you need to sell it..they do the conversion to btc.
@terrorbear75 жыл бұрын
@@bensavage6389 why?
@bensavage63895 жыл бұрын
@@terrorbear7 no fiat intermediate. Stability of gold, liquidity of crypto
@tensevo5 жыл бұрын
Raoul nailed it. This generation may or may not even be bullish on crypto per se, but it is all they can get afford to get involved in.
@fazdoll5 жыл бұрын
You can buy a gram of gold for sixty bucks. You can put a mining fund in your 401k for $2000.
@tensevo5 жыл бұрын
@@fazdoll Why would you want to? The more gold that is mined the more the market is diluted.
@free_electron1083 жыл бұрын
14:20 “Wealth shift” you have caused by not thinking too much when decided to bet against people investing in other projects than your favorite one. It all comes around sir.
@jonl91925 жыл бұрын
Enough fiat gov fairy dust money has been printed to see both gold and BTC moon!
@steveweiss71915 жыл бұрын
Agreed.
@1Ascanius5 жыл бұрын
Once they get us cashless WE WILL BE SCREWED GUARANTEED
@vorrzaaa5 жыл бұрын
Most certainly, but the internet will always be free and private right, so nothing to worry about with the great blockchain.
@Brian-vk1hm5 жыл бұрын
You don’t understand bitcoin obv
@astralpx5 жыл бұрын
@@Brian-vk1hm It can be regulated to death.
@pierrewhodare11025 жыл бұрын
Yes their choice is to join the crypto world or turn off the Internet. Which would hurt them most?
@minedustry5 жыл бұрын
They can make it a criminal tax evasion to use crypto and then the value goes to zero
@turtlesarecool14885 жыл бұрын
as a bitcoin and greyscale investor, i hate greyscale premiums. If you have the option, selling off greyscale shares for bitcoin will leave you with more bitcoin for the same price. Obviously most of us don't have this immediate option, and some of us are scared to manage our own bitcoin when we hear about exchange hacks but it's easy. Buy a cold storage wallet like a ledger nano x and stack those sats
@basilbrushbooshieboosh53025 жыл бұрын
In the planning right now. Australia is backward and slow though
@David-nx6zq5 жыл бұрын
The problem with any other currency other than BTC is centralization. One master Node, one team of developers, conflict of interest.
@empresslabs12725 жыл бұрын
David a camel is horse designed by a committee. Good luck.
@dgbmemes5 жыл бұрын
DigiByte
@razadaza96515 жыл бұрын
Not sure how many viewers know how good Barry is and how well he knows crypto
@alphafox4005 жыл бұрын
Famous last words (fill in the blank) "______________ will replace gold." I will keep my gold, thank you.
@terrorbear75 жыл бұрын
lol bitcoin is better at being gold than gold itself is
@terrorbear75 жыл бұрын
its more fungible, durable, portable, divisible.
@James_Sovereign4 жыл бұрын
Alpha Fox if an investor who holds gold swapped a percentage of their prior holdings into Bitcoin, because of Bitcoin’s low correlation and superior absolute performance, they could have decreased the volatility of the portfolio while simultaneously increasing absolute returns. Only a fool would ignore Bitcoin, it’s not going away anytime soon.
@nukelaloosh47955 жыл бұрын
must have played footsie multiple times
@revbrighteous98895 жыл бұрын
You have a very clear, eloquent and intelligent way of talking about things. Please accept my subscription. 👍 oh, and long live BTC.
@tedldoo69355 жыл бұрын
The generational aspect is the key to the future of Cryptocurrency and Blockchain...if the current established system ignore the technological advancement and adoption by the maturing generations they are ignoring their evolving heirs.
@mclucky70865 жыл бұрын
Fascinating interview and insight into embryos which could indeed give birth to the next internet sensation. But also an opportunity to financially speculate on their eventualities succeeding. Paradigm shift? I think it is already happening for millions across the globe. It proves to be a helluva ride.
@sz30744 жыл бұрын
Decentraland for the win $MANA
@miguelesparza10814 жыл бұрын
Great interview and an honor to listen to your thoughts. Thank you
@mtpatton18465 жыл бұрын
The kids don't think about anything except: "is there an app for it?" And "I can get stuff with it?", and the last requirement: "is it instantaneous?"
@nameless_no_name5 жыл бұрын
yup and when it goes POOOF! in an electric flicker it will be back to mom's basement.
@mtpatton18465 жыл бұрын
no name Some people just don't feel safe without centrally controlled, fraudulently manipulated assets.
@nameless_no_name5 жыл бұрын
@@mtpatton1846 dude.... everything is manipulated. I'm sure BTC too. The false fact suggesting cryptos are bullet proof is nonsense. cointelegraph.com/news/round-up-of-crypto-exchanges-hack-so-far-in-2019-how-can-it-be-stopped The reality is cryptos challenge state financial sovereignty. As history shows, in extreme times governments can pull the plug on ANY asset. This has been seen in Germany, China, and the USA.
@James_Sovereign5 жыл бұрын
no name you linked to an article about exchange hacks. An exchange being hacked is like a bank being robbed. Don’t keep your BTC in an exchange wallet, problem solved.
@Teamone2one5 жыл бұрын
Why We Need Both Gold & Bitcoin. (w/ Roy Sebag)
@vveerrgg4164 жыл бұрын
here because of the repost on Digital Asset News... and this is STILL very relevant. Espeically now a couple of days before the halving and the current state of the world.
@TimvanHelsdingen5 жыл бұрын
Did he literally spend 10+ minutes shilling a random Ethereum based game? I don't care if it's even a good game, this guy problably has super heavy bags he wants to unload.
@user-ln5hg8oi7f5 жыл бұрын
Indeed salesman
@AlphaMaverick11114 жыл бұрын
Thats why he's known as *SHILLBERT*. Those who know, know.
@OIBAN4 жыл бұрын
Not so random anymore now in Aug 2020
@simoncabral10045 жыл бұрын
Fascinating stuff....so glad I discovered you through nuggets news.....
@James_Sovereign4 жыл бұрын
Simon Cabral +1 for Alex at Nuggets News!
@ShaneHummus5 жыл бұрын
We only look for the moon. And invest with applied risk and proper mindset of course.
@Michael-qy1jz5 жыл бұрын
I'm not sure crypto and invest belong in the same sentence. Maybe a great speculation. Easy in and will be very hard to exit.
@mothermary37965 жыл бұрын
@@Michael-qy1jz Hard to exit? You can click sell at any time and send it all home. Meanwhile good luck cashing out your pile of Kruggerands at the local coin shop who works on cash basis lol. Simply archaic way of thinking.
@Michael-qy1jz5 жыл бұрын
@@mothermary3796 click sell on what format/platform that isnt tracking you like a prison inmate?? I put an ounce for sale and convert to cash in my hand and it's done.
@mothermary37965 жыл бұрын
@@Michael-qy1jz "An ounce" exactly. Gold is only good if you are pawning family jewels and that is the entirety of your familys wealth. Good luck moving a few million out of a country or selling at a local shop without getting screwed. Meanwhile I could put infinite amount of bitcoin on a brain wallet.
@eriksvagrovsky94265 жыл бұрын
Herb Levin Of course it belongs in the same sentence. Finally we have possibilities freely invest in digital projects all over the globe, by buying coins and tokens you are supporting developers and whole ecosystem.
@recieaustin89274 жыл бұрын
Thoughts on ripple & ethereum?
@SupaDay104 жыл бұрын
save yoself
@wg44765 жыл бұрын
Wow, this kid is smart.. I like how he thinks!
@LibertarianRF5 жыл бұрын
Ive loved crypto for many years but thinking that it's going to displace a 5000 year old asset is insane. You won't see Bitcoin jewellery etc People want physical assets . Always will
@tensevo5 жыл бұрын
Many ppl think in scarcity mindset, such that if one asset gains, another has to fail. Well I am bullish on everything.
@beachdigger30275 жыл бұрын
Rob F Remember when people said they would never ever stop going to Blockbuster because they had to touch the physical dvd. Now our video and music is mainly digital. So saying people will always want physical assets is quite a statement.
@tensevo5 жыл бұрын
It's not going to displace Gold. What we are really talking about which asset has the most upside. If Gold market tanked to10% of it's current value, then the world carries on regardless. If Bitcoin rallies 10x then the world carries on regardless. The arguments you make for Gold are valid, but we are talking about the future value proposition here.
@fraser89735 жыл бұрын
Mark Freeman it could very well replace gold. It can be bought by anyone with a mobile phone worldwide. That can’t be said for gold
@tensevo5 жыл бұрын
@@fraser8973 The point is, Bitcoin functions just as well at $1 as it does at $20k. Some would argue it has already displaced gold, but still it is a lot less valuable. Litecoin and Monero can be traded using mobile phone, plus thousands of other crypto which all dilute the value of one. How many more Bitcoin clones will there be? Bitcoin supply could be diluted infinitely just by copying and pasting source code.
@AniishAu5 жыл бұрын
your subtitles lag by several frames, for all your videos. You're doing something wrong. That is, the subtitles at 30:00 don't appear until about 30:12 (3 subtitle frames behind). At 5:00 they appear at 5:06 (1 frame behind). The full transcript being available is awesome but your best use case is presently worse than youtube's auto-generated captions.
@basilbrushbooshieboosh53025 жыл бұрын
Yeah, take them up on this. It's about getting a fair go.
@AniishAu5 жыл бұрын
@@basilbrushbooshieboosh5302 I'm just trying to help, do you know how much transcription costs? they're better off with the free Google captions.
@bobsmith28865 жыл бұрын
please explain to me why Bitcoin will be the global currency of choice instead of Fed coin, BIS coin, IMF coin, Putin coin, Xi coin, etc.
@Kid_Ikaris4 жыл бұрын
I'm for both Bitcoin and Gold, but I gotta say that was a great commercial. Gold has no utility though? There's literally gold in the computers that mine the Bitcoin.
@diandian-gq5ri3 жыл бұрын
The fault is that Barry's Bitcoin Cash share mortgage expires soon. In order to make the Bitcoin shares rise as soon as possible, he actually did such a thing. I am from another country.
@webuyrealestate28925 жыл бұрын
I agree in about 100 - 200 years for sure
@sardatep5 жыл бұрын
Wow. Useage (per unit) is down 30% (more efficient) but electronics items (units) are up hundreds of % (multiples by volume). This is read as usage is lower?
@steveweiss71915 жыл бұрын
Excellent point. Too much confrontation and spin between the two camps. One should take aim at the right target. There are two sides to the same coin!!
@tensevo5 жыл бұрын
Bitcoin has still tiny market cap compared with Gold market.
@tensevo5 жыл бұрын
Totally agree that Gold needs the world to fall apart to be 10x but Bitcoin could 10x without the world falling apart - - and still be smaller than Gold.
@tensevo5 жыл бұрын
@@dutchy5752 Gold does not have a limited supply. It is constantly being mined out of the earth. Do you know how much Gold there is out there? Can you verify how much gold there is in the world? Gold has terrible spreads between buy and sell price. Gold has a large cost to carry in form of security. Bitcoin is, as real as Gold. It may be more real in some ways since it can be used to trade online. You cannot buy anything with Gold. Try buying your shopping with Gold coins. Not possible. I am not even bearish on Gold. My point is that Gold market requires the economy to fall apart to make gains, whereas Bitcoin can still 10x and still be smaller than Gold market.
@ddljddlj7045 жыл бұрын
@@dutchy5752 yes man u are correct I just sold all my BTc and never going to look back at it...buying some gold now...lol
@terrorbear75 жыл бұрын
what's your point?
@tensevo5 жыл бұрын
@@terrorbear7 Gold market is mature and unlikely to rise in price any more than inflation, over time. Bitcoin, is still in it's infancy and price has yet to be discovered.
@gazmellen78815 жыл бұрын
happy holder of BTC but also have XRP which was not mentioned?
@michaelyork2365 жыл бұрын
At the point of this interview, any mention of XRP was forbidden. XRP is not meant for individuals, it's meant for banks. That's the reason Ripple never made a personal user wallet of any kind. That's also why it has no inflation rate and the reason why Ripple is holding the majority of coins in escrow. They're destine for banks. The price is being suppressed to discourage any ownership of the token. XRP has been one of the worst performing coins, to the point where it's abysmal or unbelievable which it's not. The banks want it all. Most holders will dump it on any reasonable move up and the banks will eventually own it all.
@gazmellen78815 жыл бұрын
@@michaelyork236 cheers
@michaelmurray84165 жыл бұрын
The only problem with investing in gold in a global economy that uses internet and technology is it’s not easy to transfer. So another consideration if fiat money collapses might be blockchain technology backed by a gold standard. Could that be possible? Some say there is not enough gold in the world, but gold can be fractioned just like bitcoin. It will be interesting to see how the next major inevitable recession will play out. I’m torn on what to invest in being a late bloomer to bitcoin and the price is currently 13k. I personally believe the dollar will soon collapse, so I have already decided to cash out my 401 and invest in either Bitcoin, Gold. Or both. I also have a personal portfolio that is in the positive up 14k in tech companies. I’m thinking of selling those as well and going all in with Bitcoin, Gold or both. It’s a tough decision because this is all speculation on our economy collapsing..,Any thoughts?
@peterfotopoulos83255 жыл бұрын
Michael Murray get a business going with not to big outlay something you enjoy doing and creating something build on and get added value on top profit will start coming in the economy stuffs up your little business can see you through personally I got my self a small truck started doing rubbish removals and recycling metals I like working out doors and most rubbish people throw out and paying me to take it away I make more money by selling items on the internet and there will always be rubbish in this consumer world like food and haircuts and you could still have your gold and bit coins at the same time and minimise your waste! Good luck brother I am sure you were expecting some info about improving your speculation on coins lol 😂 but all speculations are a dream sometimes it comes true like winning the lottery unless we physically get involved it will not happen!
@peterfotopoulos83255 жыл бұрын
That's the spirit you can do anything when you wanted
@CoinPediaNews3 жыл бұрын
Bitcoin is a digital currency and transactions are made easy with bitcoin, bitcoin will be more valued over time. On the other hand, gold is a stable investment with some guaranteed return.
@justinweisz11855 жыл бұрын
Amazing interview. Very insightful
@floydrudolph3215 жыл бұрын
Do the Annunaki still need gold for their planet ?
@camerakid765 жыл бұрын
Beep bop. I’m an electron fairy from the planet Zuckerborg and you have been warned, all your currency electrons are belong to us.
@bradynields97834 жыл бұрын
7:23 I understand from a marketing perspective how BTC could "replace" gold but isn't it like comparing a horse drawn carriage to the first automobile?
@typelogin5 жыл бұрын
excellent interview!
@Michael-qy1jz5 жыл бұрын
Great, I'm wealth in Fantasy Land ! Lol
@User-z3d5 жыл бұрын
The bitcoin halving wasn't discussed much at all in previous bull runs. But it is definitely priced in for next halving. Everyone now is in the same echo chamber talking about it endlessly.
@terrorbear75 жыл бұрын
you obviously know nothing about stock to flow ratios
@leconplotteur5 жыл бұрын
very thought throught point of view !! Very intedresting interview
@VERTICALWisdom5 жыл бұрын
It is a utility challenge for me. Minuscule applications to purchase real estate, boats, autos, food etc. To store the value you must be able to unlock value for a good or service when needed. Fee business or people will accept Bitcoin.
@Slacker65AMG5 жыл бұрын
Do businesses accept gold as a medium of exchange? Historically yes. Now? In the future Bitcoin or variants built on top of Bitcoin will be.
@James_Sovereign4 жыл бұрын
VERTICAL Wisdom how often do you buy food with gold?
@hantusmostert5 жыл бұрын
Also look into Cardano and Elrond
@dgbmemes5 жыл бұрын
DigiByte
@hantusmostert5 жыл бұрын
@@dgbmemes RadixDLT
@moonboy58515 жыл бұрын
Bitcoin is incredibly important in ways that most people don’t realize. Anything you’ve heard about Bitcoin in the mass media is wrong.
@BenknoBK4 жыл бұрын
lol Gold will never be replaced with any thing. Eventually all the currencies will cease to work and gold and silver will be used to buy and sell
@bernardmailman80185 жыл бұрын
Pineapples were once scarce in Europe.. food for the royalties... Until massive supply of it came from the new world. And just like that, it's not so special anymore.
@mooredann695 жыл бұрын
BTC once was scarce..until BTC gold BTC private..btc unliminted...ect ect ect....then they all turned out to be scams..which made even made the comedy even worse.
@edwilli2225 жыл бұрын
D Moore BTC is BTC none of the others are BTC.
@mooredann695 жыл бұрын
@A Dude I understand that. Yet with every fork of making of a new Crypto. Another programmer isn't working on making BTC better. Another computer isn't making the network stronger. Who cares how many BTC there are out there, if there are a Billion BTC clones? Only thing that makes BTC worth what it is today, is the programming and networking(mining). Delusion of this makes BTC weaker. Let alone, BTC is not money, can't be with its current iteration and the amount of scale it needs. So you telling me i dont know money or crypto is comical. Go take a hit off your vape pen.
@fraser89735 жыл бұрын
D Moore bitcoin is the most secure network, most uses and is decentralised. No other fork or altcoin can say that. By what you are saying, is that if I created 10 facebooks apps the exact same as Facebook and changed the name, they should all be worth the same as facebook ? Of course not, because no one uses them. It’s a stupid argument!
@andrewgutierrez885 жыл бұрын
@@mooredann69 r u seriously comparing a fork to btc?
@johnbauer57835 жыл бұрын
Is it possible the algorithms can hold a system steady like Yellen said? Any arguments that they won't?
@terrorbear75 жыл бұрын
Thisn is excellent. 32 mins in.
@waynespringer5014 жыл бұрын
As a gold bug, it looks like once again another Bitcoin pumper has failed to deliver on his predictions, and gold once again is rising while bitcoin is falling.
@MonteHoopla5 жыл бұрын
Cryptos are in fact fiat.......without electricity how will you use it as a store of value?????
@MonteHoopla5 жыл бұрын
@Billy Ray Valentine Horse shit....you could lose power locally and your cryptos would be useless...
@ryanshaeffer1035 жыл бұрын
u dont understand how bitcoin works. the whole world without electricity all at once??? because thats what it would take and at that point money would be the least of our concern
@ryanshaeffer1035 жыл бұрын
@@MonteHoopla no it wouldnt because the bitcoin network is run on computers all around the world!
@theeffindip61625 жыл бұрын
My ledger is not connected to power or online right now but when I turn it on it still has my crypto on it The value is different sometimes tho lol
@nopch8t2475 жыл бұрын
. Its very interesting to listen to crypto lovers , but i don't understand how the ones now won't go the way of the gramophone or VHS recorder . .As a member of peasant class all the people in their 20's I know are only in it for the government currency .
@terrorbear75 жыл бұрын
bitcoins conception was immaculate. others can only imitate. the network effect now run far too deep to be disrupted.
@DIYDaveT5 жыл бұрын
How many times have people predicted the death of gold over the past 5000+ years that it has been the only dominant form of real money on the planet. I guess people think it will be different this time but but look what you get if you knock the L out of gold.
@markwb04 жыл бұрын
Gold has had it's day? What if a hacker gets into bitcoin? I know hacker are attacking bitcoin every day and failed so far, but one day it could and then what?
@ryanshaeffer1035 жыл бұрын
Gold an Bitcoin both work, i stack both
@steveweiss71915 жыл бұрын
yes
@bgaripov5 жыл бұрын
- The use of gold in electronics is down 30%! Bullshit. Besides, electronics are only about 9.5% of all gold. Get your numbers right, Barry.
@Evan_C.3 жыл бұрын
The future of Bitcoin doesn’t include Tesla
@bitmau55 жыл бұрын
Silbert is this generation's Buffet.
@Lunkyful5 жыл бұрын
BTC will change the world!
@NewmiesDad5 жыл бұрын
For the better?
@bregjejabra255 жыл бұрын
No, it will not. Will replace nothing.
@terrorbear75 жыл бұрын
you hope
@bregjejabra255 жыл бұрын
@@terrorbear7 Fiat will stay here too, so won`t be fully replaced. Not allowed.
@terrorbear75 жыл бұрын
@@bregjejabra25 But you said it "will replace nothing"
@bregjejabra255 жыл бұрын
@@terrorbear7 I guess I said it wrong. I mean Fiat and Phisical gold. Fiat is here to stay as part of this Prison Planet where people owe dues (inflation and taxes). But I`m not saying Bitcoin could not reach 10 Million $ or so....
@jefton57594 жыл бұрын
That was absolutely brilliant
@vicmarq77524 жыл бұрын
GOLD (held by central banks) is the Old World. Bitcoin is the New World, and it’s freer, fairer, and more transparent. 🙂
@pkizzle655 жыл бұрын
What game did Barry say? "Decentralized ....?" Anybody?
@hashbeatscash77615 жыл бұрын
Decentraland
@malmstring5 жыл бұрын
People seem to get this the wrong way. Gold and Crypto are not mutually exclusive. Common people do not see money and wealth the same way as rich people, corporate and financial institutions. While it may be true common people may be swayed towards crypto in the coming years, if facing a true collapse of the fiat currencies, traditional money will STILL lean towards their usual hedges. Gold has always been, and will always be, important in that portfolio. In an apocalyptic scenario both assets would benefit in their own ways. It's wasted time debating one over the other.
@barrysilbert49353 жыл бұрын
You are right
@stephenwilkins11375 жыл бұрын
Then please tell me why is that central banks and country's buying gold and putting it in a vault for safety and not Bitcoin. So I guess that they well sell all there gold and buy Bitcoin not going to happen.
@James_Sovereign5 жыл бұрын
How would we know if they were? We wouldn’t.
@shiny_x35 жыл бұрын
I didn't hear any adoption plan in there for Decentraland....all it would take was another company to create a far more popular place to hang out and all those land plots people bought are worthless. In the world of VR, if you are betting Decentraland (horrible name too) will be the next Facebook, I think that's really long odds. The internet has seen so many social networks that failed and only a very few that succeeded. Decentraland is more likely to be Friendster than Facebook.
@fazdoll5 жыл бұрын
Great summary of how insane this guy is. If I'm going to speculate in land, it's going to be actual land.
@richardzimmermann93724 жыл бұрын
What happens to Bitcoin if the internet goes down?
@manzi4283 жыл бұрын
If the internet goes down you can't access your own bank account let alone Bitcoin.
@Silvertestrun2 жыл бұрын
Ty
@curious56915 жыл бұрын
Sorry, gold is pretty. Do me a favor, slice off $50 of gold, and send it to me. Problematic? Buy Bitcoin
@paultataryn27504 жыл бұрын
Gold is already using the blockchain ledger and can be sent instantly with verification. The bitcoin itself is worth nothing - the blockchain is the utility
@i9avici7a55 жыл бұрын
27:04 no they're not crossing the worlds, they're just online lol
@muaddib76855 жыл бұрын
The real breakout of cryptos will be in liquidity provided shaddow banking of them from an easy to use platform
@abstractfitness12825 жыл бұрын
It didn’t convince me seems like he hates why there’s 8 trillion vs 125 billion
@rambam31165 жыл бұрын
Google Silbert and SegWit2x agreement.
@fazdoll5 жыл бұрын
In all these BItcoin discussions, I have yet to see anyone mention Article 8 of the Constitution: The Congress shall have Power: 5: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; 6: To provide for the Punishment of counterfeiting the Securities and current Coin of the United States; So it appears that Congress can regulate the value of Bitcoin (a foreign coin) to zero whenever they see fit. Thanks, I'll stick with gold.
@joaopinto84985 жыл бұрын
lol
@James_Sovereign4 жыл бұрын
fazdoll you’ve displayed a very clear lack of knowledge regarding how bitcoin attains value.
@cinzafenix085 жыл бұрын
Cool 😎 cheers from Portugal 🇵🇹
@philosophyze5 жыл бұрын
Hedera Hashgraph won't fork. Those who are jealous don't like that... but everyone with an asset listed on the network might appreciate that they know there can only be one official instance.
@philosophyze5 жыл бұрын
@Nur Azhar ?
@philosophyze5 жыл бұрын
@Nur Azhar It doesn't sound like you understood my point. If someone registered a house on a blockchain network and that network forks, which fork is the true house registration? If you have a dapp on a network and it forks, on which fork does the dapp communicate?
@seekingthetruth49195 жыл бұрын
Bitcoin is the Internet
@SilverSetter5 жыл бұрын
That flower arrangement in the background is poor to say the least.
@isaacgreenough95275 жыл бұрын
so quantum supremacy isnt gonna effect crypto at all ?
@TxFw5 жыл бұрын
Not even close. I read the article. Also read expert responses. That supremacy would need to be 1,000,000x what Google claims before crypto has to take that quantum stuff seriously.
@alphafox4005 жыл бұрын
Barry apparently does not know the difference between money (store of value) and currency (medium of exchange). Bitcoin may prove to be an efficient medium of exchange but only time will tell. As a a currency it may be profitable at times to employ it for currency speculation or for arbitrage. However, it has no intrinsic value and never will. Ultimately, it will succeed long term only if it is backed by gold, just as the dollar's success was the result of gold backing, and the dollar's demise is assured because it is no backed only by empty promises.
@LasVegasNFT4 жыл бұрын
This is the new version of CRYPTO!!
@ssm595 жыл бұрын
Are we drifting towards the Talosian Memory Alpha with the proliferation of virtual living????
@bitcoinfightclub84495 жыл бұрын
Are there gentleman’s clubs and drug dealers in decentralland? Asking for a friend
@arrvox5 жыл бұрын
Tell he could be the ist.
@Tapepusher5 жыл бұрын
I will be playing and selling music in decentraland, see you there!
@quantumevolution45025 жыл бұрын
link? i'm also launching a club there!
@basilbrushbooshieboosh53025 жыл бұрын
Can I still be an arborist there?
@Tapepusher5 жыл бұрын
@@quantumevolution4502 I thought it hadnt launched yet? I presumed only LAND was for sale at this time.
@Tapepusher5 жыл бұрын
@@basilbrushbooshieboosh5302 sure, you can abort the scammers.
@basilbrushbooshieboosh53025 жыл бұрын
@@Tapepusher An arborist trims, prunes and fells trees
@Sithembile4995 жыл бұрын
There is no other Bitcoin broker in the world that performs at the 99.4% level of accuracy that Reed Peeters is able to hit. That’s why people from around the world trust him to double, triple and quadruple their hard-earned money.
@Sithembile4995 жыл бұрын
You can reach him on his official mail *Reedpeeters@gmail. com* You're one click away!
@faux9825 жыл бұрын
The best part of this is that you will never miss a trading opportunity, plus you do not need to sit in front of your computer for hours, watching for a trading option.
@InnerLeader5 жыл бұрын
Reed Peters just got out of prison, he was locked up for fraud. haha, you fools
@myjizzureye5 жыл бұрын
Your ringhole sees a fair amount of action by the looks.
@AlienApe.4 жыл бұрын
Gotto love a string of bots advertising a paid for con service eh?
@vorrzaaa5 жыл бұрын
Putting virtual ingame items on a blockchain is the most stupid thing ive heard along with investing in 'mana' I'm a millenial, i'm a gamer. Why use this terribly inefficient database for all kind of completely illogical applications. Does my toilet paper need to be decentralized to? We cant trust any company to be in control of this stuff as soon as there are a few cents on the line? you know a company that will survive or die by it's reputation and will do whatever to uphold it?
@mothermary37965 жыл бұрын
Award for most ignorant comment Ive seen all day. You obviously arent a gamer or a millenial or you would understand the value of in game currency that is loose and outside the hands of developers, plus the potential for TRUE living mmorpgs. Read a couple articles on how a blockchain works before getting so offended out of pure ignorance.
@advex44285 жыл бұрын
Way too many stupid ads.
@advex44285 жыл бұрын
Having still watched the whole thing, cause it is such a good content, I take it back and wanna apologize, because approaching the end, there were no interruptions for ads. Just wondering why it gave me 3 ads in a row,when I was standing a few feet away from the computer, not ready to click it away. Again, great content.
@collita25 жыл бұрын
YOU WISH NEVER BITCOIN WILL REPLACE GOLD O SILVER............DESPERATE.........
@ABC-xp8he5 жыл бұрын
Uncross your legs ladies...
@basilbrushbooshieboosh53025 жыл бұрын
Uncross you're brain Alpha-bad-bet
@ABC-xp8he5 жыл бұрын
@@basilbrushbooshieboosh5302 Not a chance.
@WisdomIsPrecious5 жыл бұрын
20:00 wow he's basically saying that Millenials have no chance at making wealth in any of the traditional categories so all they can go is gamble on crypto? That's true, but we should stop and listen to what we're saying. That's not a good position at all and that sort of desperation could further cement the inability to grow wealth if bitcoin flops. I mean, every portfolio needs diversification...I hope my peers in my generation don't all get screwed by crypto cause then theyll have nothing left. Unfortunately the speaker is probably right that kids will inherit gold and buy crypto with it. Sounds like a trap to get gold off Main st to me
@tensevo5 жыл бұрын
To play devils advocate there. I mean I am a fan of Bitcoin, but also stocks. Do you seriously think that when older generation dies, that there will be no stock market? Just crypto? Mate they serve entirely different functions. Bitcoin, as with Gold, is basically useless to the economy, which is why it's value is 100% speculative. What I mean is that they make no money by themselves, and do not create anything. They just sit there. The price of stocks is carefully valued compared with many metrics related to how well the company can make profits and how much it contributes value to society. Imagine a world where we all just owned Bitcoin? Pretty dystopian I would say.
@kings2883185 жыл бұрын
I get bitcoin, fortnite is fun, Decentraland sounds boring AF
@chadsmith22813 жыл бұрын
Love seeing this watching in November 2021🤙🤙🤙🤑🤑🤑💪💪💪🚀🚀🚀
@molouw15 жыл бұрын
Yea Its even Biblical: Ezek.7:19 “‘They will throw their silver into the streets, and their gold will become abhorrent to them. Neither their silver nor their gold will be able to save them in the day of God's fury.+