Great Depression Coming & Bitcoin Going To $0 or $1 Million? - Peter Schiff vs Raoul Paul Debate

[@cryptowolf-zf3fs]

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]

You just solved this three hour conversation! Haha agreed

[@SlaveNation1]

You are the only reasonable person here!

[@ArrestYourAddiction]

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

[@OGCrypto33]

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

[@The-Dirty-Straw]

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

[@matthew1106]

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]

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

[@huntncover]

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]

Yes great job

[@jerrudhirschey7479]

Tom to moderate presidential debates!

[@david.morebau]

Agree 100%

[@bobwright-90]

The entire economic crisis was fuelled by the expectation that the Federal Reserve would cease raising interest rates. In light of the current circumstance where interest rates are plummeting, what should we do? How would you advise me to safely distribute $300k at this time?

[@Peterl4290]

Thats when you hire someone to manage your money. You need a financial-advis0r straight up! Even while $300k might seem like much, one bad decision might seriously deplete it.

[@Aarrenrhonda3]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

[@Mrshuster]

Could you possibly recommend a CFA you've consulted with?

[@Aarrenrhonda3]

Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@Mrshuster]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@brandonjustes947]

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

[@metapresentations8918]

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]

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

[@chrismale9976]

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

[@hamradiocq]

Bitcoin 2.7million dollars, gold 5500

[@kengaroo5170]

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.

[@luketaylor1828]

The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN. It is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into it.. My two cents.

[@andrianaquincy1740]

Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?

[@ianvishnevsky8030]

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, I think bitcoin is the best to buy now or put on a watchlist

[@wellingtonmichael1397]

Right especially in an inflationary environment, investors should be cautious about how much they expose themselves to and what they buy. Only under the direction of a reputable advsor or skilled specialist is it possible to obtain such high yields during a recession.

[@luketaylor1828]

True .Initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a f-advsor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

[@charlesandrus5339]

I totally concur, It’s exactly what I want to do get my financial house in order before I retire.

[@francoiscadieux738]

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

[@reallyshel]

Lmao the same old logitech

[@squishyplums2415]

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

[@crochetninja5752]

😂

[@thatmatty231guy]

@@squishyplums2415 💀💀

[@ravenkhoury]

240p barely

[@frankscott1708]

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]

Underrated comment

[@etishbite456]

Raoul is more versatile better mind.

[@nick-oi1xf]

Great observation

[@alexpapaefthimiou1282]

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

[@MarkMark-ji6ts]

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.

[@Kingcream4kt]

This November elections might really take a hit on the stock market, how can I invest my 250K cash saving to capitalize on the market crisis?

[@Songseungheonseungheon]

Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

[@MatteoBocelli-d4s]

True. A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k Show less

[@sayalataylor]

impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

[@MatteoBocelli-d4s]

My CFA ’Giselle Babilonia Cantada’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@donaldwayne7023]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@AndreiJikh]

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

[@LucyDarlington]

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]

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]

Oh look the guy with the annoying voice.

[@hunterhemingway]

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

[@jconn1111]

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

[@tileschool]

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

[@axejokertv5336]

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

[@FIX-IT-Yourself]

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]

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

[@FIX-IT-Yourself]

@@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]

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.

[@ProfRogers]

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]

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

[@galeru]

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.

[@av-tv.]

i agree, superb interview.

[@jaimeaguirre4424]

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

[@BitcoinWillFixEverything]

How was this a good interview? I like the host. But the gold bug is so childish. He hasn't a clue what he's talking about. What an idiot.

[@Monicamonasky-]

The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

[@donovantobs]

Thats when you hire someone to manage your money. You need a financial-advis0r straight up! Even while $300k might seem like much, one bad decision might seriously deplete it.

[@rachelonigirl]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

[@Kaustavpatell]

Could you possibly recommend a CFA you've consulted with?

[@rachelonigirl]

Her name is. TRUDY ELIZABETH STOUFFER . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Kaustavpatell]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@richardhaysom]

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]

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]

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

[@bradshawlitigation5544]

Agreed. Great discussion on the issues.

[@keystonefreebordcrew1482]

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]

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.

[@orlandomalo6191]

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

[@-whackd]

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.

[@79bull]

💯 agree… enjoyed every minute!

[@SilverStoll]

Both made excellent points

[@michaelholmes8848]

Who’s we?

[@GroovyNomad]

the viewers @@michaelholmes8848

[@kenrebro2746]

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

[@crvermeer2808]

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

[@bobbymainz1160]

I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.

[@alexyoung3126]

You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

[@jameswood9772]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@williamyejun8508]

I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@jameswood9772]

She is Rachel Sarah Parrish. look her up

[@williamyejun8508]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@Z1212Z-X]

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]

*btc currently 72k

[@American_Kneeler]

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

[@RR-jj1ee]

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

[@big_red_machine3547]

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

[@gigglesinside]

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

[@TomBilyeu]

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

[@atheplummer]

@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]

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.

[@Californiagent]

What was their opinion on Shiba inu

[@TechnologyBuzz3000]

Thanks for this debate Tom!

[@anthothiyahisrael422]

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

[@davehenning7747]

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

[@cyberft]

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]

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]

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]

@@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]

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

[@leslidinnocenzo5711]

Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time

[@FryderykNowicki]

To be honest, investing rightly today can save you a whole lot of stress in the nearest future.

[@LorentzBergqvist-dg7md]

Sound good, How do you do that?I'm interested, how do I go about getting started?

[@tracyquartieri2]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant

[@AlainMallet-Roy-ky8to]

I started working with Alex back in February, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.

[@FreddieAnderson-xd9if]

I've come across this name before, is he really reliable?

[@mrandmrssmithofficial]

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

[@Donkor640]

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]

​@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]

@@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.

[@VenkatVenkat-fp9in]

Just swapped all of my last ETH and swapped it into AMS28K. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!

[@billybobleeswagger4466]

No you didn't! Liar

Ye no. That's a scam. No info about it from any official site, such as Amazon or any of their verified social media accounts.

[@billybobleeswagger4466]

ABSOLUTE 🗑️🗑️🗑️! Glad to see more people calling these guys out. They're EVERYWHERE spamming & scamming in all the crypto/stock guys comment sections. It's BS, you can't even go read replies or comments because there's so much of it! Got to report them all all of the time! 💪💪💪

[@crypto-visiontv]

yeah sure you can say that again .. AMS is a very big scam

[@crypto-visiontv]

@@billybobleeswagger4466 AMS is a scam.. dont fall in that trap of paid influencers

[@marlifalize3191]

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

[@Huntress101]

Tom you did great! That was not easy!

[@joycehaines2055]

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]

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

[@exxonrcg]

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

[@jb9433]

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

[@RobertSanLuis]

This is the most insightful debate on macro economics I've seen. Thank you Tom for doing an awesome job hosting and moderating this discussion. I especially loved 2:19:47. Raoul's comment is the best part of this entire three hours,

[@faizakazmi1531]

Amen.. 02:32:00 as well..

[@warlordwillie422]

We need a Michael Saylor debate with Peter Schiff!

[@mbrum3230]

And whats he gonna say?

[@deepshallows]

Not gonna happen. Waste of his time

[@BradKwfc]

Saylor....😅

[@Addzaye]

MS would destroy him

[@A.I.-]

Michael "Trust me bro" Saylor

[@animismusworks6237]

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

[@helenkessler6012]

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

[@HerrschmannNachmann]

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

[@karriemsharief]

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

[@megbride5645]

Exactly

[@anthonyprice3353]

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?

[@dwaynesview]

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]

100%

[@EroticOnion23]

21 million x 0 = 0

[@kwolitek4785]

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]

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

[@beaglethecutestdoglula6716]

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

[@RebeccaGorin]

*Amazing. “How to get Rich, do this..”*

[@RebeccaGorin]

the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.

[@RebeccaGorin]

I had decisions that grew my finances (gathered over 1M in 2yrs) with heIp of my financiaI pIanner. Living the dream, hoping to retire next year.

[@RebeccaGorin]

ELIZABETH GREEN HUNTS Get to her with her name..

[@SportBetSniper]

😂

[@AlanBruzueña]

PulseChain

[@seanarmstrong8497]

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.

[@HappyPandaPropertyServicesTV]

How many times did he talk over shiff

[@annabelquintero1651]

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]

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]

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

[@jackcrook4435]

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

[@stephaniemosher8611]

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]

“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

[@HomeSlize]

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.

[@Charledavis-h9l]

Interesting to see Americans arguing about gold vs Bitcoin when the US dollar is maintained by the force of law and war if necessary. The key to understanding all this is free, voluntary, choice.

[@mattp_743]

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]

I agree whole-heartedly 😊

[@mdevvvo]

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

[@prouse376]

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

[@mdevvvo]

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]

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

[@MuradSamadov-n6i]

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it. Investing is a long-term game. It's just hard to focus on the long term playbook when I'm already in a massive loss.

[@AstaKristjan]

Stay strong, the "S/P 500 grows 10% on average per year" is just that.... an average. So itll be -20% some years +30% the next.

[@Andrian-ch3on]

I for one I'm not happy about the inflation anymore: Central Banks with the U.S. Federal Reserve should be held accountable. It suprises me when I hear people say they're in profit even when the entire stock market index has lost over 20%. And I'm moved to ask, what do people do?

[@Erinmills98]

Tho I have some experience with investing, the smartest move is finding a financial advisro with the right skills and exposure in your area of interst (stock). I and husband are doing pretty well with that. It's been a good ride.

[@Andrian-ch3on]

I've thought about finding an adviser but've been quite unsure if it was the right step for a noob. with this, I'm more convinced and I think I'm a step closer towards finding one. my next problem now is, how do I reahc one.... I see some on CNBC but I don't know them that mch... Do you mind if I asked the particular adviser assisting you?

[@RJ-nl1jh]

The only thing i see to guarantee is dividends from top corporations

[@michaelchin3550]

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

[@Weldeborn]

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]

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

[@michaelchin3550]

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

[@MoisesDelJesus]

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

[@aries6776]

@@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.

[@bryanwilson928]

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

[@late-nine]

Hey Peter, if Bitcoin is such a bad asset, why is there a "Pay with Cryptocurrency" button on your website?

[@anniewhereandAmsterdam]

I would recon he is testing if people use it to pay for things. If bitcoin is not used for payments, what is the value??

[@leopolddebilloez7434]

Why wouldn’t he accept the bitcoin? He’s mentioned before that they immediately resell it.

[@CG-dd9tb]

This is a tiresome and ridiculous point. He doesn’t accept crypto, non of the companies that allow you to pay in crypto do. An intermediary (usually) takes the crypto, sells it, and gives the business real money

[@robertpoturalski4277]

Ha ha

[@mikhelBrown]

😁😂🤣💯

[@Lexman00]

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

[@brettrevelle8788]

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

[@-whackd]

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

[@williamkreth]

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

[@Jacobcurman]

Micheal Saylor is too knowledged to waste time on Peter Schiff

[@iBuyBitcoin]

Saylor would OBLITERATE Schiff like nothing

[@jerelrobinson3762]

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]

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"....

[@JeffreySmith-v2l]

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]

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]

@@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.

[@zakariaelhimer1325]

​@carlosrivera-tc3z but those rocks have actual value tho

[@JamesSmith-uw4nx]

1:22:44 "if you had a time machine would you buy bitcoin?" "Ofcourse I'm not an idiot". You have to admire Peter's honesty 😂😂😂😂

[@marcobolo2513]

Peters ego will never allow him to admit he was wrong about BTC

[@gigglesinside]

Exactly! He blocked me on Twitter cause I show his old tweets when he said BTC was going to zero. Said at 3k sell fast it's going to zero 😂

[@big_red_machine3547]

He’s a boomer rep who shills his gold companies. He can’t be this dumb, and nobody should even be giving him any airtime. His only claim to fame was “ predicting the financial collapse “ but he didn’t even do that. I personally know 5 guys who predicted it months before him. He’s a nobody

[@Scorch428]

Hes incapabable of critical thinking. which is why he cant answer what would make him stop believing in gold.

[@nicholas296]

Hmm.. time will tell..

[@faitaccompli5878]

He sells Gold, so he can never admit he's wrong, he'd go out of business.

[@J-Rod73]

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

[@donkeybus]

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]

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

[@zachbeall6810]

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]

@@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]

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

[@crochetninja5752]

Tom, very well done for organizing divergent views on important topics. Keep up the good work!

[@nickhill9445]

I think Peter is talking about the James Webb space telescope. Coating mirror with gold is actually not expensive. The amounts used are so tiny, compared to the mission cost that why not? Possibly a few grammes of gold. But then, the electronics use Indium, Gallium, Iridium, and many other rare elements. There are more rare elements versus their utility than gold. Gold's primary use is store of value. Non store-of-value applications of gold (i.e. industrial, chemical) amount to about 8% of mined supply.

[@charleekimball6551]

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]

more like douchey 🙂

[@chumamakasi6682]

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

[@leighannhunt1970]

I just love Raoul…. He’s so intelligent interesting and his demeanor not to mention his patience plus how he conducts himself is just a class act!💕💕

[@4Asti]

That class is everything now a days - his ability to play with thought instead of ridge stance

[@metalgirl]

Agree

[@jochennel]

Unbelievable how perceptions of exactly the same can differ so much. I would rank R. as the person who showed the least amount of intelligence and patience in this interview. But his background and looks are the best here. So superficially, I see him as the winner in this interview. And he is most brave/mad/confused, bcos these things are very hard to differentiate between. But not important if you jus want to have a look at him.

[@austinsmith1816]

​@@jochennel how did you arrive to that conclusion?

[@ElementaryWatson-123]

LOL. Intelligent is the last thing you would say about him. 😁

[@jameswood9772]

This is amazing. “How to build wealth”

[@alexyoung3126]

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.

[@bobbymainz1160]

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.

[@austingraff1881]

hints if you dont mind

[@bobbymainz1160]

Rachel Sarah Parrish

[@austingraff1881]

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

[@sacha9646]

" there is a suitability factor for different types of people ( 35 year old vs 65 yr old) " Raoul Pal, you are a clever clever man.

[@KreamyKone]

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

[@mikezamos]

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

[@ThinkingCrypto]

lol, shows how desperate he is

[@dre44r56]

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]

ANNOYING

[@whiteglove5723]

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

[@SlaveNation1]

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

[@danieldayton7814]

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]

Agree!

[@Fearzero]

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

[@chriseden9907]

Sell it then.

[@Tchild2]

Gold was coined and used as money and now it is not. Gold today, worldwide, is only a "store of value". Yet, Peter Schiff only believes that unless bitcoin replaces the dollar and is used as a currency, it has not future and no value. Yet, Gold has lost its status as a currency. Peter Schiff demands of bitcoin what he does not demand of gold. By Peter's own admission, an asset class - gold in this case, that is not used as money, or currency, can still be a store of value.

[@peterschiff]

Gold is still used as a metal. That's where its value comes from and that's the value its able to store. But gold has been used by civilizations as money for thousands of year and likely will be again. Bitcoin has never been used by any civilization as money and likely never will be.

[@dfage33]

@@peterschiff very little gold is used in industry. there are better alternatives and in the future there will be even better cheaper options for everything gold does except its status symbol role in jewelry.

[@ambertraceyy]

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]

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

[@josephbush]

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]

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

[@debwes1]

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

[@keithbellair9508]

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

[@DeGolem]

It's nice that you have speakers with opposing views on simultaneously. I'd like to see more of that. Thanks!

[@egeneraltnf]

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

[@extraclip]

Peter: bitcoin is shit, buy my nft 😂

[@salqubeq5203]

Super excellent debate. Freedom of expression is vital & is displayed here with opposing views! Thanks

[@cryptozeno]

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]

Peter was right,gold hit a alltime high

[@dongshengdi773]

​@@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]

@@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.

[@momo12763]

​@@dongshengdi773 The horse might stumble

[@elsk8man]

I love this format, bring on more debates between experts and different points of view. So much info out there gets confusing... This helps a lot! Thanks Tom

[@Wyatt333]

I can’t believe i almost skipped this. Amazing work here. You actually did get something new from Schiff. Maybe it was just a scratch in the well worn record, but I swear I heard something slightly different and saw moments of actual reflection. RP is always cogent, thoughtful, curious and in dialogue. And he delivered a meta message here about fear and examining our fixation on the past in hopes of mediating future catastrophes when the real power may lie in remaining open to the unknown and riding the tsunami rather than always seeking higher ground. I love how that man is always willing to say - how could I be thinking wrongly about anything… when others are just seeking to be right in a world of complete uncertainty.

[@Dutton86]

Nice debate from both left and right perspectives. I think I agree with parts of both, a gold backed crypto could be what comes after the next depression?

[@NateSecor]

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

[@bestprice1776]

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

[@commentz-1]

😂🤣😂🤣

[@enginestarter664]

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

[@blakelwhitney]

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]

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

[@NuSexEd]

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

[@trinitylove8535]

💯

[@blakelwhitney]

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

[@djquick]

An anecdote… I bought 40oz of gold between 2010 and 2017. I held it until last month where I began selling the gold for Bitcoin.

[@SingerDante]

Smart decision

[@americanzombie1802]

Same here

[@tucsonbandit]

I first bought gold in 1999, I sold it all about 4 years ago for BTC. I believe BTC is demonetizing gold and will eventually demonetize more financial assets after that.

[@joesewell309]

Peter! tell Bill Gates, "Food can't be digital"

[@jacobmoney]

This might be the podcast episode of the century for Crypto in general.

[@bitcoinguerilla]

Bitcoin not crypto.

[@ronaldmcmaster9148]

​@bitcoinguerilla Well, Bitcoin is a cryptocurrency itself (not even the first if you know your history). Satoshi himself had no problem calling it a cryotocurrency as was attested in his email correspondence released recently.

[@allforclout2040]

@@bitcoinguerillait’s all correlates boyo!

[@CommanderRiker0]

LOL, every podcast is a bitcoin pump and this comment is on every one of them.

[@aterventypityp]

Disagree. What would be century epic is Schiff vs. Saylor.

[@rpaul9932]

Raoul is definitely a class act. The Man kept his composure and eloquently state his viewpoint and respect Pete's opionion even though Peter try to bait him.

[@keithdmedia9215]

This is absolutely epic. Spot on. The perfect guests for this conversation, Tom.

[@nataliespencer4012]

I learned more from this than anything else! I am much more educated and informed now. I am incredibly grateful for all of you teaching all of us so well.

[@JustForRita]

I've owned bitcoin, gold, and stocks and made money with all of them over the years, but one thing I've learnt was to buy things that are ignored, and sell things that everyone's talking about. I work in construction and the amount of people that have brought up bitcoin to me tells me its time for a crash. Gold is being ignored by retail and the gold mining stocks are at a rock bottom. I'm now all in on gold stocks.

[@rorythomson3439]

When grandma asks about bitcoin it's time to get out lol

[@jermaineblalock5553]

Sounds like wise advice. Thank you

[@vengenace956]

Because One Day The Internet Can Be ShutDown As Much As The Grid Can, If any of the satellites get taken down how are you going to transact Bitcoin if not even the battery works from your computer or hardware wallets. In the near future we are going to go through a point at which we will end up in the 1300s with no technology. If there is a solar storm, Emp Attack or even War how is Bitcoin going to be implemented?

[@my2sats260]

Ouch - check Bitcoins price June - November of 2025…SMH

[@anthonycosentino8663]

From where BTC is now he probably will make better % gains with Gold mining stocks.

[@johnfajer7691]

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.

[@OsbornsConcise]

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]

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

[@davidzawistowski4073]

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]

@@davidzawistowski4073explain

[@bookofbrah]

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

[@matthewstaulcup4711]

Raoul's a class act. Not much of a debate. Educational as always! You rock Tom....

[@Donkor640]

❤“We’ve meme’d a Trillion Dollar Asset into existence!” ~ Raoul Pal

[@bigi_111]

Sure, if condescending demeanor and swearing constitute a class act.

[@MillennialRescueOrg]

The PURE TRUTH IS THIS: During the Endtimes - Money will become WHAT THE WORLD NEEDS TO GET ITSELF OUT OF A DEBT PARADIGM. Gold can help - BITCOIN WILL SEAL THE DEAL!

[@OS_MUSIC_PLAYER]

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

[@mr.bien-aime]

SCAM ALERT!!!⚠

[@potbelly5928]

Stop this crap already

[@francisdewolf2849]

Great debate. Do debates like this again

[@NeshamaB]

I was looking forward to learning about this important dialectic from two men that I thought would offer some important and valuable perspectives. However, I found it difficult to get past Peter's persistent attitude of self-righteous indignation. His preoccupation with maintaininig a superior stance, looking down his nose at Bitcoin investors, cast a shadow over the possibility of any kind of fruitful exchange. ✨✨A good reminder that rigid thinking seldom produces greatness. Sheesh! ✨✨ (I appreciated Raoul's effort to stay curious and open minded throughout. Not an easy task, that's for sure).

[@semi2299]

Being confident is not wrong or self-righteous. Peter gave logical answers and when Raul would offer his side it was funny. Because it is all based on nothing. It’s like if your kid tells you that Santa clause is real and you’re explaining to him he’s not. You would have the same attitude Peter has. Common sense is not so common anymore. I truly believe this especially seeing comments like this. Smh

[@TheAlbinpettersson1]

Yeah he pretty much got the same attitude in all his debates and interviews. He said BTC will go to zero when it was 10k, 20k, 50k and now at 70k. He will probably continue saying it's going top 0 when it's at 100k, 200k etc

[@metapresentations8918]

get out of your "feelings", listen to the substance of what he is saying.

[@ymalikov]

Very well said. It's impossible for people like Peter to see the world from the point of view of another person.

[@CommanderRiker0]

Bitcoin is based 100% on the greater fool theory, you should look down on it. This is coming from somebody who trades bitcoin all the time, but I know what it is LOL.

[@Peter-l2s3o]

I am with Schiff 😊 Greetings from the Netherlands

[@icedcoffee8561]

Schiff is not arguing in good faith. He complains about the news saying the ETF made bitcoin easier to buy, him pretending it wasn't easy to buy before... the big news is the ETF allows institutions to invest!

[@Semi_Successful]

Yup, because they want the fees. They aren't going to promote, they're going to advocate for them. The volatility is just asking for lawsuits.

[@mattx3174]

Well done Raoul. You were exceptional in this discussion. Reminded me of the famous quote...do not give dogs what is sacred; do not throw your pearls to pigs. If you do, they may trample them under their feet...some people just dont get it, but thats ok thats their perogative.

[@wormhole-r3l]

Lol what does Peter not get exactly? Seems like someone's ego has been attacked because they attach it to their money

[@alicegomez7232]

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]

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

[@tommychestnut5335]

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]

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

[@wellsHannahh]

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

[@FreeDrumBassRecords]

DCA

[@SamuelMojica-o3f]

Watching late, but great interview! I haven't really seen much of your content, but if this is the quality I can expect I will be watching more. Great job moderating and seeing how it all came together at the end was classy.

[@AnonDa]

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]

Facts 💯

[@Semi_Successful]

And that's the issue with currencies today.

[@joshholm1000]

Good point.

[@Elmgren76]

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

[@Thejanitorshow]

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

[@patrickkalin4437]

Great conversation here, I really enjoyed the different perspectives. As the conversation continued it appeared they had more in common than I had assummed.

[@Nova_Devi]

Just as we all do.🙏

[@Dannyshouseofcards]

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

[@dubTuube]

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

[@TheErickAmezcua]

Yes. Annoying.

[@sarlaz3407]

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

[@bobjames6622]

@@sarlaz3407 You need to get out more.

[@poleonpoleon706]

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

[@HITZCOINDIGITAL]

Great conversation of different perspectives.

[@hajaminola]

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]

That's fucking awesome!

[@gainknowledgeandinsight]

Sooooo good!!! Love that!

[@AwesomePossum510]

That's awesome, but that doesn't mean that it's not giant pyramid scheme, some people get rich in those too.

[@dyeinvest1561]

Best episode in a long time. Regardless of how you feel about any of the participants, there is a lot to learn here.

[@brendonftrades]

Crazy thing, we can buy both!

[@davidzawistowski4073]

Buy the one that can’t be duplicated…

[@J-Rad-]

What a concept

[@big_red_machine3547]

You own gold for the Mad Max apocalypse until there’s no food, otherwise you own bitcoin unless you want to “own nothing and be happy”

[@Donkor640]

@@davidzawistowski4073it’s open source code! It’s been 14 years and thousands of cryptocurrencies have been created in that time. If you’re still worried about a duplicate project devaluing Bitcoin then you should do some more research.

[@ph8077]

The only thing Schiff got right is buying a gold Rolex. The only precious metals I own are in my luxury watches.

[@randallwall2745]

Rauol Paul is extremely entertaining, very smart, and fun to listen to. But he is more theoretical to me. Peter is more solid at the foundation, where Peter is theoretical. I have both Bit and Gold but trust Gold better. Central banks are buying a ton of Gold, so are Buffet and the big money..

[@deeeeeeps]

I love this debates SOOO much. Thank you!! Tom did a great job being a moderator by stepping in at the right times and asking the right questions.

[@coreybates7412]

I’m a HUGE Schiff fan that believes in BTC. This may be the first time Peter has lost a BTC debate. Kudos to Raoul

[@recongraves]

Yea I love gold BTC more . Where are the facts Peter

[@joerapso]

I don't think Peter lost it. In my eyes he won it as he gave more concrete arguments.

[@bahmak2003]

@@joerapsowhat concrete argument you’re talking about?😂😂😂😂

[@recongraves]

Yea it's running on fumes the gold bugs want made max and a shoot out in the streets with nothing to start over but the same system. It's cause its in the Bible and the same old form of oppression.

[@zachbeall6810]

First time? Definitely not.

[@max92_AT]

respect, such a good interview. Tom MVP. The moderation allowed me for the first time to really understand Peter. Tom is really setting a new standard as to what a debate host should do. Summarize, use deep questions and keep his opinion out of it. really respect. cant think of a single another interviewer in recent times that did as good a job as you

[@marlonnewallo]

I've never seen Tom looked so worried. Bro, this was the most useful interview you had for your future. #sellbitcoin #hedgeongold #writingonthewall

[@prashantmandare2875]

Best debate I have seen in last few years. Very well moderated. Excellent job Tom

[@sueira1000]

Best debate I have ever heard in a long time. A breath of fresh air, where real men can disagree without fighting and arguing like a girl. We need more like this.

[@CharDaLuX]

Can't watch anymore: Stopped at 17:29. Respect to all three.

[@MrRichbc]

I had to stop watching too. Peter unfortunately is very basic and just looks sad now

[@Project2013B]

@@MrRichbc Peter would of scored more points if he simply would of mentioned "What happens when quantum computers advance to the point where they can break ALL encryption?", as well as had an answer to what would have to happen to change his view on Bitcoin.

[@lgrrf]

@@Project2013B Answer to your first question: post quantum cryptography. Regarding the second: nothing will change his view on Bitcoin (or at least the view he communicates to his customers).

[@Databyter]

@@Project2013B keep in mind that there would be lots of warning before quantum computing could hack Bitcoin. You would still have to have MILLIONS of them, all with unique nodes. That will not happen overnight. There is plenty of time to quantum proof Bitcoin, USING quantum tools, and there is also plenty of time to get out, if it came to that. The idea that ONE quantum computer could hack Bitcoin, is ridiculous, because over half of the consensus network would have to be on that quantum level, not just one node. Even if you simulated that with one machine, it would be against hundreds of millions of machines, all over the world. Quantum computing is transformational, but it is not a magic pill. Databyter

[@sdlager22]

Then all banks are screwed too since they don’t actually hold much physical money. They would steel all money.

[@chefandy72]

I'm with Peter. And i'll go a step further, bitcoin is dangerous, one step closer to cbdc's.

[@Edvilla24]

Great interview Tom. One of the best I’ve seen in a while. We need more constructive conversations like this to be able to creatively solve the debt crisis and avoid an economic collapse.

[@jacksonthomas3775]

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

[@MareMagister]

😂

[@bahmak2003]

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

[@lestermcpherson2487]

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

[@daveandpaige6471]

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

[@culluc43]

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

[@tookymax]

Great video to hear the pros and cons. Both guests and Tom were excellent. Where else can you hear people expressing their views in a civilized way.

[@KennyL89]

Peter Schiff is my favorite bitcoin hater. He is very knowledgeable on macro economics and just fun to have on, likeable guy. But he also is unaware of what he does not understand. He thinks bitcoin is worthless because it has no value. Money is not supposed to have value. Money is supposed to be scarce, divisible and portable. Bitcoin is all three, while gold is none of these. Money is supposed to be a store of value, a unit of account and a medium of exchange. Bitcoin is all three, gold can only be two of these and has less scarcity the more expensive it gets (they just mine more).

[@BitcoinWillFixEverything]

How can you like Peter Schiff. He's sneaky, underhanded, and constantly conflates terms. He uses childish arguments and won't listen to the rebuttal. Gold is dead.

[@tookymax]

@@BitcoinWillFixEverything There are some major governments that think gold might be backing a future currency. I would think they know something.

[@christianhall3034]

I don't see what's difficult here: • Gold has properties that is useful other than as an investment vehicle. • Bitcoin is not used as currency, and is too volatile to be a unit of account. • If you own gold, its useful physical properties will be available to you as long as you own it. The properties are the stored value. • It you own Bitcoin, it has no properties except as a speculative investment vehicle. Until its value (or lack thereof) is realised, it will either be infinite or zero. It can't be infinite.