Bitcoin Will Replace Gold & Other Predictions Explained (w/ Barry Silbert & Raoul Pal)

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Real Vision

Real Vision

Күн бұрын

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@RealVisionFinance
@RealVisionFinance 5 жыл бұрын
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@user-hc5hy3lm7k
@user-hc5hy3lm7k 4 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
@hoastbeef1202
@hoastbeef1202 5 жыл бұрын
The rap industry is single handedly keeping the gold industry alive.
@tamikofox-lunn3591
@tamikofox-lunn3591 5 жыл бұрын
@@whoyatoya lol
@skippssruelas4751
@skippssruelas4751 5 жыл бұрын
gold just dropped major this month
@BIGTUNES2010
@BIGTUNES2010 5 жыл бұрын
@@skippssruelas4751 I WONT CONSIDER IT MAJOR when a little over a month ago it was 100 less.. it just settled
@mayamaya-kn8mk
@mayamaya-kn8mk 5 жыл бұрын
racist
@Eplemos4Life
@Eplemos4Life 5 жыл бұрын
hoastbeef gjyhk
@tensevo
@tensevo 5 жыл бұрын
I am bullish on Bitcoin, but that advert was quite trashy. No need to disparage Gold. In fact, probably your best allie.
@beamerM5
@beamerM5 5 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
@opnion2294
@opnion2294 5 жыл бұрын
when governments and larger banks start there own digital money bitcoin will go in to sewer.
@kurthoman242
@kurthoman242 5 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.
@CryptoKevin
@CryptoKevin 5 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.
@hashbeatscash7761
@hashbeatscash7761 5 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?
@jamesbruce9607
@jamesbruce9607 4 жыл бұрын
@@opnion2294 You sound a bit thick
@fizzbuzz8361
@fizzbuzz8361 5 жыл бұрын
Fascinating listening to Barry and Raoul, clever, articulate people. I learned a lot from this interview thanks
@codezionjr
@codezionjr 5 жыл бұрын
Why not Gold+BTC, then #dropfiat?
@andrewgutierrez88
@andrewgutierrez88 5 жыл бұрын
gold is shit compared to PROGRAMBLE FINITE MONEY
@nameless_no_name
@nameless_no_name 5 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.
@steveweiss7191
@steveweiss7191 5 жыл бұрын
yes
@cxMLG
@cxMLG 5 жыл бұрын
@@nameless_no_name wrong
@nameless_no_name
@nameless_no_name 5 жыл бұрын
@@cxMLG History proves me correct
@btc175
@btc175 5 жыл бұрын
When he was talking about gold bugs he meant Peter Schiff
@mattjames4978
@mattjames4978 5 жыл бұрын
Schiff holds a lot of Bitcoin, so says his friends
@james3876
@james3876 4 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.
@skydiver711
@skydiver711 5 жыл бұрын
Yeah after 5000 years "Its different this time" We are so advanced that gold will be useless its different this time. NOT!
@CryptoKevin
@CryptoKevin 5 жыл бұрын
Something in between 2 extremes is my guess. That's why I have invested a little in both.
@terrorbear7
@terrorbear7 5 жыл бұрын
triggered
@bensavage6389
@bensavage6389 5 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.
@terrorbear7
@terrorbear7 5 жыл бұрын
@@bensavage6389 why?
@bensavage6389
@bensavage6389 5 жыл бұрын
@@terrorbear7 no fiat intermediate. Stability of gold, liquidity of crypto
@tensevo
@tensevo 5 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.
@fazdoll
@fazdoll 5 жыл бұрын
You can buy a gram of gold for sixty bucks. You can put a mining fund in your 401k for $2000.
@tensevo
@tensevo 5 жыл бұрын
@@fazdoll Why would you want to? The more gold that is mined the more the market is diluted.
@free_electron108
@free_electron108 3 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.
@jonl9192
@jonl9192 5 жыл бұрын
Enough fiat gov fairy dust money has been printed to see both gold and BTC moon!
@steveweiss7191
@steveweiss7191 5 жыл бұрын
Agreed.
@1Ascanius
@1Ascanius 5 жыл бұрын
Once they get us cashless WE WILL BE SCREWED GUARANTEED
@vorrzaaa
@vorrzaaa 5 жыл бұрын
Most certainly, but the internet will always be free and private right, so nothing to worry about with the great blockchain.
@Brian-vk1hm
@Brian-vk1hm 5 жыл бұрын
You don’t understand bitcoin obv
@astralpx
@astralpx 5 жыл бұрын
@@Brian-vk1hm It can be regulated to death.
@pierrewhodare1102
@pierrewhodare1102 5 жыл бұрын
Yes their choice is to join the crypto world or turn off the Internet. Which would hurt them most?
@minedustry
@minedustry 5 жыл бұрын
They can make it a criminal tax evasion to use crypto and then the value goes to zero
@turtlesarecool1488
@turtlesarecool1488 5 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
@basilbrushbooshieboosh5302
@basilbrushbooshieboosh5302 5 жыл бұрын
In the planning right now. Australia is backward and slow though
@David-nx6zq
@David-nx6zq 5 жыл бұрын
The problem with any other currency other than BTC is centralization. One master Node, one team of developers, conflict of interest.
@empresslabs1272
@empresslabs1272 5 жыл бұрын
David a camel is horse designed by a committee. Good luck.
@dgbmemes
@dgbmemes 5 жыл бұрын
DigiByte
@razadaza9651
@razadaza9651 5 жыл бұрын
Not sure how many viewers know how good Barry is and how well he knows crypto
@alphafox400
@alphafox400 5 жыл бұрын
Famous last words (fill in the blank) "______________ will replace gold." I will keep my gold, thank you.
@terrorbear7
@terrorbear7 5 жыл бұрын
lol bitcoin is better at being gold than gold itself is
@terrorbear7
@terrorbear7 5 жыл бұрын
its more fungible, durable, portable, divisible.
@James_Sovereign
@James_Sovereign 4 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.
@nukelaloosh4795
@nukelaloosh4795 5 жыл бұрын
must have played footsie multiple times
@revbrighteous9889
@revbrighteous9889 5 жыл бұрын
You have a very clear, eloquent and intelligent way of talking about things. Please accept my subscription. 👍 oh, and long live BTC.
@tedldoo6935
@tedldoo6935 5 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.
@mclucky7086
@mclucky7086 5 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.
@sz3074
@sz3074 4 жыл бұрын
Decentraland for the win $MANA
@miguelesparza1081
@miguelesparza1081 4 жыл бұрын
Great interview and an honor to listen to your thoughts. Thank you
@mtpatton1846
@mtpatton1846 5 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_name
@nameless_no_name 5 жыл бұрын
yup and when it goes POOOF! in an electric flicker it will be back to mom's basement.
@mtpatton1846
@mtpatton1846 5 жыл бұрын
no name Some people just don't feel safe without centrally controlled, fraudulently manipulated assets.
@nameless_no_name
@nameless_no_name 5 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_Sovereign
@James_Sovereign 5 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.
@Teamone2one
@Teamone2one 5 жыл бұрын
Why We Need Both Gold & Bitcoin. (w/ Roy Sebag)
@vveerrgg416
@vveerrgg416 4 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.
@TimvanHelsdingen
@TimvanHelsdingen 5 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-ln5hg8oi7f
@user-ln5hg8oi7f 5 жыл бұрын
Indeed salesman
@AlphaMaverick1111
@AlphaMaverick1111 4 жыл бұрын
Thats why he's known as *SHILLBERT*. Those who know, know.
@OIBAN
@OIBAN 4 жыл бұрын
Not so random anymore now in Aug 2020
@simoncabral1004
@simoncabral1004 5 жыл бұрын
Fascinating stuff....so glad I discovered you through nuggets news.....
@James_Sovereign
@James_Sovereign 4 жыл бұрын
Simon Cabral +1 for Alex at Nuggets News!
@ShaneHummus
@ShaneHummus 5 жыл бұрын
We only look for the moon. And invest with applied risk and proper mindset of course.
@Michael-qy1jz
@Michael-qy1jz 5 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.
@mothermary3796
@mothermary3796 5 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-qy1jz
@Michael-qy1jz 5 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.
@mothermary3796
@mothermary3796 5 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.
@eriksvagrovsky9426
@eriksvagrovsky9426 5 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.
@recieaustin8927
@recieaustin8927 4 жыл бұрын
Thoughts on ripple & ethereum?
@SupaDay10
@SupaDay10 4 жыл бұрын
save yoself
@wg4476
@wg4476 5 жыл бұрын
Wow, this kid is smart.. I like how he thinks!
@LibertarianRF
@LibertarianRF 5 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
@tensevo
@tensevo 5 жыл бұрын
Many ppl think in scarcity mindset, such that if one asset gains, another has to fail. Well I am bullish on everything.
@beachdigger3027
@beachdigger3027 5 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.
@tensevo
@tensevo 5 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.
@fraser8973
@fraser8973 5 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
@tensevo
@tensevo 5 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.
@AniishAu
@AniishAu 5 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.
@basilbrushbooshieboosh5302
@basilbrushbooshieboosh5302 5 жыл бұрын
Yeah, take them up on this. It's about getting a fair go.
@AniishAu
@AniishAu 5 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.
@bobsmith2886
@bobsmith2886 5 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_Ikaris
@Kid_Ikaris 4 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-gq5ri
@diandian-gq5ri 3 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.
@webuyrealestate2892
@webuyrealestate2892 5 жыл бұрын
I agree in about 100 - 200 years for sure
@sardatep
@sardatep 5 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?
@steveweiss7191
@steveweiss7191 5 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!!
@tensevo
@tensevo 5 жыл бұрын
Bitcoin has still tiny market cap compared with Gold market.
@tensevo
@tensevo 5 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.
@tensevo
@tensevo 5 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.
@ddljddlj704
@ddljddlj704 5 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
@terrorbear7
@terrorbear7 5 жыл бұрын
what's your point?
@tensevo
@tensevo 5 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.
@gazmellen7881
@gazmellen7881 5 жыл бұрын
happy holder of BTC but also have XRP which was not mentioned?
@michaelyork236
@michaelyork236 5 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.
@gazmellen7881
@gazmellen7881 5 жыл бұрын
@@michaelyork236 cheers
@michaelmurray8416
@michaelmurray8416 5 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?
@peterfotopoulos8325
@peterfotopoulos8325 5 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!
@peterfotopoulos8325
@peterfotopoulos8325 5 жыл бұрын
That's the spirit you can do anything when you wanted
@CoinPediaNews
@CoinPediaNews 3 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.
@justinweisz1185
@justinweisz1185 5 жыл бұрын
Amazing interview. Very insightful
@floydrudolph321
@floydrudolph321 5 жыл бұрын
Do the Annunaki still need gold for their planet ?
@camerakid76
@camerakid76 5 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.
@bradynields9783
@bradynields9783 4 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?
@typelogin
@typelogin 5 жыл бұрын
excellent interview!
@Michael-qy1jz
@Michael-qy1jz 5 жыл бұрын
Great, I'm wealth in Fantasy Land ! Lol
@User-z3d
@User-z3d 5 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.
@terrorbear7
@terrorbear7 5 жыл бұрын
you obviously know nothing about stock to flow ratios
@leconplotteur
@leconplotteur 5 жыл бұрын
very thought throught point of view !! Very intedresting interview
@VERTICALWisdom
@VERTICALWisdom 5 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.
@Slacker65AMG
@Slacker65AMG 5 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_Sovereign
@James_Sovereign 4 жыл бұрын
VERTICAL Wisdom how often do you buy food with gold?
@hantusmostert
@hantusmostert 5 жыл бұрын
Also look into Cardano and Elrond
@dgbmemes
@dgbmemes 5 жыл бұрын
DigiByte
@hantusmostert
@hantusmostert 5 жыл бұрын
@@dgbmemes RadixDLT
@moonboy5851
@moonboy5851 5 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.
@BenknoBK
@BenknoBK 4 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
@bernardmailman8018
@bernardmailman8018 5 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.
@mooredann69
@mooredann69 5 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.
@edwilli222
@edwilli222 5 жыл бұрын
D Moore BTC is BTC none of the others are BTC.
@mooredann69
@mooredann69 5 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.
@fraser8973
@fraser8973 5 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!
@andrewgutierrez88
@andrewgutierrez88 5 жыл бұрын
@@mooredann69 r u seriously comparing a fork to btc?
@johnbauer5783
@johnbauer5783 5 жыл бұрын
Is it possible the algorithms can hold a system steady like Yellen said? Any arguments that they won't?
@terrorbear7
@terrorbear7 5 жыл бұрын
Thisn is excellent. 32 mins in.
@waynespringer501
@waynespringer501 4 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.
@MonteHoopla
@MonteHoopla 5 жыл бұрын
Cryptos are in fact fiat.......without electricity how will you use it as a store of value?????
@MonteHoopla
@MonteHoopla 5 жыл бұрын
@Billy Ray Valentine Horse shit....you could lose power locally and your cryptos would be useless...
@ryanshaeffer103
@ryanshaeffer103 5 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
@ryanshaeffer103
@ryanshaeffer103 5 жыл бұрын
@@MonteHoopla no it wouldnt because the bitcoin network is run on computers all around the world!
@theeffindip6162
@theeffindip6162 5 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
@nopch8t247
@nopch8t247 5 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 .
@terrorbear7
@terrorbear7 5 жыл бұрын
bitcoins conception was immaculate. others can only imitate. the network effect now run far too deep to be disrupted.
@DIYDaveT
@DIYDaveT 5 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.
@markwb0
@markwb0 4 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?
@ryanshaeffer103
@ryanshaeffer103 5 жыл бұрын
Gold an Bitcoin both work, i stack both
@steveweiss7191
@steveweiss7191 5 жыл бұрын
yes
@bgaripov
@bgaripov 5 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.
@Evan_C. 3 жыл бұрын
The future of Bitcoin doesn’t include Tesla
@bitmau5
@bitmau5 5 жыл бұрын
Silbert is this generation's Buffet.
@Lunkyful
@Lunkyful 5 жыл бұрын
BTC will change the world!
@NewmiesDad
@NewmiesDad 5 жыл бұрын
For the better?
@bregjejabra25
@bregjejabra25 5 жыл бұрын
No, it will not. Will replace nothing.
@terrorbear7
@terrorbear7 5 жыл бұрын
you hope
@bregjejabra25
@bregjejabra25 5 жыл бұрын
@@terrorbear7 Fiat will stay here too, so won`t be fully replaced. Not allowed.
@terrorbear7
@terrorbear7 5 жыл бұрын
@@bregjejabra25 But you said it "will replace nothing"
@bregjejabra25
@bregjejabra25 5 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....
@jefton5759
@jefton5759 4 жыл бұрын
That was absolutely brilliant
@vicmarq7752
@vicmarq7752 4 жыл бұрын
GOLD (held by central banks) is the Old World. Bitcoin is the New World, and it’s freer, fairer, and more transparent. 🙂
@pkizzle65
@pkizzle65 5 жыл бұрын
What game did Barry say? "Decentralized ....?" Anybody?
@hashbeatscash7761
@hashbeatscash7761 5 жыл бұрын
Decentraland
@malmstring
@malmstring 5 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.
@barrysilbert4935
@barrysilbert4935 3 жыл бұрын
You are right
@stephenwilkins1137
@stephenwilkins1137 5 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_Sovereign
@James_Sovereign 5 жыл бұрын
How would we know if they were? We wouldn’t.
@shiny_x3
@shiny_x3 5 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.
@fazdoll
@fazdoll 5 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.
@richardzimmermann9372
@richardzimmermann9372 4 жыл бұрын
What happens to Bitcoin if the internet goes down?
@manzi428
@manzi428 3 жыл бұрын
If the internet goes down you can't access your own bank account let alone Bitcoin.
@Silvertestrun
@Silvertestrun 2 жыл бұрын
Ty
@curious5691
@curious5691 5 жыл бұрын
Sorry, gold is pretty. Do me a favor, slice off $50 of gold, and send it to me. Problematic? Buy Bitcoin
@paultataryn2750
@paultataryn2750 4 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
@i9avici7a5
@i9avici7a5 5 жыл бұрын
27:04 no they're not crossing the worlds, they're just online lol
@muaddib7685
@muaddib7685 5 жыл бұрын
The real breakout of cryptos will be in liquidity provided shaddow banking of them from an easy to use platform
@abstractfitness1282
@abstractfitness1282 5 жыл бұрын
It didn’t convince me seems like he hates why there’s 8 trillion vs 125 billion
@rambam3116
@rambam3116 5 жыл бұрын
Google Silbert and SegWit2x agreement.
@fazdoll
@fazdoll 5 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.
@joaopinto8498
@joaopinto8498 5 жыл бұрын
lol
@James_Sovereign
@James_Sovereign 4 жыл бұрын
fazdoll you’ve displayed a very clear lack of knowledge regarding how bitcoin attains value.
@cinzafenix08
@cinzafenix08 5 жыл бұрын
Cool 😎 cheers from Portugal 🇵🇹
@philosophyze
@philosophyze 5 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.
@philosophyze
@philosophyze 5 жыл бұрын
@Nur Azhar ?
@philosophyze
@philosophyze 5 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?
@seekingthetruth4919
@seekingthetruth4919 5 жыл бұрын
Bitcoin is the Internet
@SilverSetter
@SilverSetter 5 жыл бұрын
That flower arrangement in the background is poor to say the least.
@isaacgreenough9527
@isaacgreenough9527 5 жыл бұрын
so quantum supremacy isnt gonna effect crypto at all ?
@TxFw
@TxFw 5 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.
@alphafox400
@alphafox400 5 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.
@LasVegasNFT
@LasVegasNFT 4 жыл бұрын
This is the new version of CRYPTO!!
@ssm59
@ssm59 5 жыл бұрын
Are we drifting towards the Talosian Memory Alpha with the proliferation of virtual living????
@bitcoinfightclub8449
@bitcoinfightclub8449 5 жыл бұрын
Are there gentleman’s clubs and drug dealers in decentralland? Asking for a friend
@arrvox
@arrvox 5 жыл бұрын
Tell he could be the ist.
@Tapepusher
@Tapepusher 5 жыл бұрын
I will be playing and selling music in decentraland, see you there!
@quantumevolution4502
@quantumevolution4502 5 жыл бұрын
link? i'm also launching a club there!
@basilbrushbooshieboosh5302
@basilbrushbooshieboosh5302 5 жыл бұрын
Can I still be an arborist there?
@Tapepusher
@Tapepusher 5 жыл бұрын
@@quantumevolution4502 I thought it hadnt launched yet? I presumed only LAND was for sale at this time.
@Tapepusher
@Tapepusher 5 жыл бұрын
@@basilbrushbooshieboosh5302 sure, you can abort the scammers.
@basilbrushbooshieboosh5302
@basilbrushbooshieboosh5302 5 жыл бұрын
@@Tapepusher An arborist trims, prunes and fells trees
@Sithembile499
@Sithembile499 5 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.
@Sithembile499
@Sithembile499 5 жыл бұрын
You can reach him on his official mail *Reedpeeters@gmail. com* You're one click away!
@faux982
@faux982 5 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.
@InnerLeader
@InnerLeader 5 жыл бұрын
Reed Peters just got out of prison, he was locked up for fraud. haha, you fools
@myjizzureye
@myjizzureye 5 жыл бұрын
Your ringhole sees a fair amount of action by the looks.
@AlienApe.
@AlienApe. 4 жыл бұрын
Gotto love a string of bots advertising a paid for con service eh?
@vorrzaaa
@vorrzaaa 5 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?
@mothermary3796
@mothermary3796 5 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.
@advex4428
@advex4428 5 жыл бұрын
Way too many stupid ads.
@advex4428
@advex4428 5 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.
@collita2
@collita2 5 жыл бұрын
YOU WISH NEVER BITCOIN WILL REPLACE GOLD O SILVER............DESPERATE.........
@ABC-xp8he
@ABC-xp8he 5 жыл бұрын
Uncross your legs ladies...
@basilbrushbooshieboosh5302
@basilbrushbooshieboosh5302 5 жыл бұрын
Uncross you're brain Alpha-bad-bet
@ABC-xp8he
@ABC-xp8he 5 жыл бұрын
@@basilbrushbooshieboosh5302 Not a chance.
@WisdomIsPrecious
@WisdomIsPrecious 5 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
@tensevo
@tensevo 5 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.
@kings288318
@kings288318 5 жыл бұрын
I get bitcoin, fortnite is fun, Decentraland sounds boring AF
@chadsmith2281
@chadsmith2281 3 жыл бұрын
Love seeing this watching in November 2021🤙🤙🤙🤑🤑🤑💪💪💪🚀🚀🚀
@molouw1
@molouw1 5 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.+
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