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_podcast8 ай бұрын
You just solved this three hour conversation! Haha agreed
@SlaveNation18 ай бұрын
You are the only reasonable person here!
@ArrestYourAddiction8 ай бұрын
The 5 G's + 1 B = gold guns ground grub gas plus bitcoin.
@OGCrypto338 ай бұрын
Exactly, its called not putting all your eggs into one basket.
@The-Dirty-Straw8 ай бұрын
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
@matthew11068 ай бұрын
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.
@themetamentors8 ай бұрын
When I’m looking for ‘em partial / moderator. Tom Bilyeu is cream of the crop!! Love it!
@huntncover8 ай бұрын
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 .
@billdyer42438 ай бұрын
Yes great job
@jerrudhirschey74798 ай бұрын
Tom to moderate presidential debates!
@david.morebau8 ай бұрын
Agree 100%
@bobwright-9019 күн бұрын
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?
@Peterl429019 күн бұрын
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.
@Aarrenrhonda319 күн бұрын
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
@Mrshuster19 күн бұрын
Could you possibly recommend a CFA you've consulted with?
@Aarrenrhonda319 күн бұрын
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
@Mrshuster19 күн бұрын
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.
@brandonjustes9478 ай бұрын
Reminder to self, come back in 10 years and re-watch.
@metapresentations89188 ай бұрын
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.
@Passerby88228 ай бұрын
there will be no "10 years"; it's all going to be over in 3-6 years "ALL-- EVERYTHING" !!
@chrismale99768 ай бұрын
@@metapresentations8918😂😂wake up ffs bitcoin gona wreck him as it has for 15 years
@hamradiocq8 ай бұрын
Bitcoin 2.7million dollars, gold 5500
@kengaroo51708 ай бұрын
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.
@luketaylor18283 ай бұрын
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.
@andrianaquincy17403 ай бұрын
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?
@ianvishnevsky80303 ай бұрын
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
@wellingtonmichael13973 ай бұрын
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.
@luketaylor18283 ай бұрын
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.
@charlesandrus53393 ай бұрын
I totally concur, It’s exactly what I want to do get my financial house in order before I retire.
@francoiscadieux7388 ай бұрын
Peter Schiff's 480p camera shows where is the best store of value.
@reallyshel8 ай бұрын
Lmao the same old logitech
@squishyplums24158 ай бұрын
Peter's investments have tanked so much he can only afford a 480p camera.
@crochetninja57528 ай бұрын
😂
@thatmatty231guy8 ай бұрын
@@squishyplums2415 💀💀
@ravenkhoury8 ай бұрын
240p barely
@frankscott17088 ай бұрын
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.
@rhynojosh8 ай бұрын
Underrated comment
@etishbite4568 ай бұрын
Raoul is more versatile better mind.
@nick-oi1xf8 ай бұрын
Great observation
@alexpapaefthimiou12828 ай бұрын
It seemed like Schiff didn't have enough respect for the younger generation. A few comments were really dismissive.
@MarkMark-ji6ts8 ай бұрын
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.
@Monicamonasky-Ай бұрын
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?
@donovantobsАй бұрын
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.
@rachelonigirlАй бұрын
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
@KaustavpatellАй бұрын
Could you possibly recommend a CFA you've consulted with?
@rachelonigirlАй бұрын
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.
@KaustavpatellАй бұрын
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@bobbymainz11602 ай бұрын
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.
@alexyoung31262 ай бұрын
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.
@jameswood97722 ай бұрын
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.
@williamyejun85082 ай бұрын
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@jameswood97722 ай бұрын
She is Rachel Sarah Parrish. look her up
@williamyejun85082 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@TomBilyeu8 ай бұрын
WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!
@atheplummer8 ай бұрын
@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.
@Ackermanmedia8 ай бұрын
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.
@Californiagent8 ай бұрын
What was their opinion on Shiba inu
@TechnologyBuzz30008 ай бұрын
Thanks for this debate Tom!
@anthothiyahisrael4228 ай бұрын
Watch out for the temple in Jerusalem. It will put silver coin over the top.
@VenkatVenkat-fp9in5 ай бұрын
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!
@billybobleeswagger44665 ай бұрын
No you didn't! Liar
4 ай бұрын
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.
@billybobleeswagger44664 ай бұрын
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-visiontv4 ай бұрын
yeah sure you can say that again .. AMS is a very big scam
@crypto-visiontv4 ай бұрын
@@billybobleeswagger4466 AMS is a scam.. dont fall in that trap of paid influencers
@richardhaysom7 ай бұрын
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!
@investoroncoke7 ай бұрын
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
@bradshawlitigation55447 ай бұрын
@@investoroncoke And you're on coke, so we should definitely value your opinion.
@bradshawlitigation55447 ай бұрын
Agreed. Great discussion on the issues.
@keystonefreebordcrew14827 ай бұрын
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.
@keystonefreebordcrew14827 ай бұрын
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.
@Kingcream4kt2 ай бұрын
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?
@Songseungheonseungheon2 ай бұрын
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-d4s2 ай бұрын
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
@sayalataylor2 ай бұрын
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-d4s2 ай бұрын
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.
@donaldwayne70232 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@tileschool8 ай бұрын
What we really need is to get Peter Schiff and Michael Saylor in the same room!
@axejokertv53368 ай бұрын
"People who use gold as a store of value,we call them poor" 🤣
@FIX-IT-Yourself8 ай бұрын
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.
@russbilderback8 ай бұрын
Schiff doesn't belong in a room with Saylor, and Michael probably wouldn't waste his time with Schiff.
@FIX-IT-Yourself8 ай бұрын
@@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.
@aries67768 ай бұрын
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.
@ProfRogers8 ай бұрын
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.
@tramac8 ай бұрын
Lol. How can you say that. This Peter guy is a complete idiot. Lack of intelligence.
@galeru8 ай бұрын
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.8 ай бұрын
i agree, superb interview.
@jaimeaguirre44248 ай бұрын
a decade of experience and this is one of the best interviews... BRUH... Peter is a joke.
@BitcoinWillFixEverything8 ай бұрын
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.
@RobertSanLuis3 ай бұрын
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,
@faizakazmi15313 ай бұрын
Amen.. 02:32:00 as well..
@orlandomalo61918 ай бұрын
One of the greatest link ups we didn’t know we needed
@-whackd8 ай бұрын
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.
@79bull8 ай бұрын
💯 agree… enjoyed every minute!
@SilverStoll8 ай бұрын
Both made excellent points
@michaelholmes88488 ай бұрын
Who’s we?
@GroovyNomad8 ай бұрын
the viewers @@michaelholmes8848
@mrandmrssmithofficial8 ай бұрын
ONLY TIME WILL TELL. THIS VIDEO WILL BE WATCHED FOR MANY YEARS TO COME. Well done Tom!!!
@Donkor6408 ай бұрын
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.
@griftinggamer7 ай бұрын
@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.
@Donkor6407 ай бұрын
@@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.
@MuradSamadov-n6i6 ай бұрын
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.
@AstaKristjan6 ай бұрын
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-ch3on6 ай бұрын
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?
@Erinmills986 ай бұрын
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-ch3on6 ай бұрын
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-nl1jh6 ай бұрын
The only thing i see to guarantee is dividends from top corporations
@leslidinnocenzo57112 ай бұрын
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
@FryderykNowicki2 ай бұрын
To be honest, investing rightly today can save you a whole lot of stress in the nearest future.
@LorentzBergqvist-dg7md2 ай бұрын
Sound good, How do you do that?I'm interested, how do I go about getting started?
@tracyquartieri22 ай бұрын
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-ky8to2 ай бұрын
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-xd9if2 ай бұрын
I've come across this name before, is he really reliable?
@HomeSlize8 ай бұрын
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.
@kenrebro27467 ай бұрын
Two gentlemen debating the way a debate should be. Add to that a moderator who moderated as it should be done.
@crvermeer28087 ай бұрын
Not rrally. Peter is explaining his view. The other is just asking manipulatieve questions.
@AndreiJikh8 ай бұрын
Dude this was so good - I watched every minute. I have way more questions than answers
@LucyDarlington8 ай бұрын
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.
@moneroai8 ай бұрын
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.
@candycaneunicorn80248 ай бұрын
Oh look the guy with the annoying voice.
@hunterhemingway8 ай бұрын
@@candycaneunicorn8024meany head. Andrei your voice is mid. Goldilocks zone. You’ll be okay ♥️
@jconn11118 ай бұрын
Ask the question of what is real and what will feed your family.
@JamesSmith-uw4nx3 ай бұрын
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 😂😂😂😂
@KreamyKone8 ай бұрын
I don't need wealth, I'm happy with good shelter and food to share with family.
@davehenning77478 ай бұрын
I can't wait to watch this in about 3-4 years. Tom, thank you for this. This is beautiful.
@cyberft8 ай бұрын
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.
@rjwassenaar75118 ай бұрын
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.
@spacewalktraveller18 ай бұрын
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.
@rjwassenaar75118 ай бұрын
@@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.
@MrManny0758 ай бұрын
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
@stephaniemosher86118 ай бұрын
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.
@stephaniemosher86118 ай бұрын
“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
@Charledavis-h9l4 ай бұрын
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.
@Z1212Z-X8 ай бұрын
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?
@pesh9098 ай бұрын
*btc currently 72k
@American_Kneeler8 ай бұрын
He probably forgot about his stock market crash predictions for the past 15 years as well haha.
@RR-jj1ee8 ай бұрын
Did it also go down over 70% in that time?
@big_red_machine35478 ай бұрын
He’s a moron who doesn’t even understand how and why bitcoin has value. No clue
@gigglesinside8 ай бұрын
He also said BTC was going to zero when it was 3k 😂
@mattp_7438 ай бұрын
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.
@dapsolita8 ай бұрын
I agree whole-heartedly 😊
@mdevvvo8 ай бұрын
he sounds like a sarcastic prick at 1:30:47 to me
@prouse3768 ай бұрын
Because Peter is talking nonsense. He's like the people that said the internet was a fad and had no real use.
@mdevvvo8 ай бұрын
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
@mdevvvo8 ай бұрын
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
@animismusworks62378 ай бұрын
For those who believe, no proof is necessary. For those who do not believe, no proof is possible.
@helenkessler60128 ай бұрын
You just described the mass deformation being forced on societies. Just a vapor.
@HerrschmannNachmann8 ай бұрын
well, if those who believe will be proven wrong I am not so sure if they agree to your statement
@karriemsharief8 ай бұрын
For those who believe, there’s room for disbelief. For those who know, there’s no room for belief.
@megbride56458 ай бұрын
Exactly
@anthonyprice33538 ай бұрын
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?
@RebeccaGorin4 ай бұрын
*Amazing. “How to get Rich, do this..”*
@RebeccaGorin4 ай бұрын
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.
@RebeccaGorin4 ай бұрын
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.
@RebeccaGorin4 ай бұрын
ELIZABETH GREEN HUNTS Get to her with her name..
@SportBetSniper3 ай бұрын
😂
@AlanBruzueña3 ай бұрын
PulseChain
@cryptozeno7 ай бұрын
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.
@DanteSlappedyouwithfacts7 ай бұрын
Peter was right,gold hit a alltime high
@dongshengdi7737 ай бұрын
@@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
@backcountyrpilot7 ай бұрын
@@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.
@momo127633 ай бұрын
@@dongshengdi773 The horse might stumble
@marlifalize31918 ай бұрын
Tom, it was really nice to hear you moderate this conversation so well. It was really respectfull.
@Huntress1018 ай бұрын
Tom you did great! That was not easy!
@joycehaines20558 ай бұрын
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.
@phil12978 ай бұрын
Tom - you moderated expertly. This was a great meeting of the minds. Great show. One of your best.
@exxonrcg8 ай бұрын
yup. Enjoyed the discussions and appreciate you ocassionally stepping in to get back on track
@jb94338 ай бұрын
How can he moderate it well if he is in one of the camps???
@seanarmstrong84978 ай бұрын
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.
@HappyPandaPropertyServicesTV8 ай бұрын
How many times did he talk over shiff
@annabelquintero16518 ай бұрын
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.
@-whackd8 ай бұрын
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.
@neildeakin44548 ай бұрын
"Schiff is in the discussion to win it" I don't think he was but he still did, again..
@jackcrook44358 ай бұрын
@@neildeakin4454 Ah, I see you missed the point of the comment here.
@bryanwilson9283 ай бұрын
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
@warlordwillie4228 ай бұрын
We need a Michael Saylor debate with Peter Schiff!
@mbrum32308 ай бұрын
And whats he gonna say?
@deepshallows8 ай бұрын
Not gonna happen. Waste of his time
@BradKwfc8 ай бұрын
Saylor....😅
@Addzaye8 ай бұрын
MS would destroy him
@A.I.-8 ай бұрын
Michael "Trust me bro" Saylor
@michaelchin35508 ай бұрын
Both Peter and Raoul are very smart dudes. Excellent video. I really appreciate both viewpoints.
@Weldeborn8 ай бұрын
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
@aries67768 ай бұрын
Raoul is smart.... the other guy is just a dinosaur that will be extinct soon.
@michaelchin35508 ай бұрын
@@aries6776 I guess you did not listen to the whole debate. Buy a beer with Bitcoin. LOL
@MoisesDelJesus8 ай бұрын
@@michaelchin3550 No, Neon. what i'm telling you is that one day, you won't have too
@aries67768 ай бұрын
@@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.
@J-Rod738 ай бұрын
Possibly the BEST Bitcoin debate I've seen. Both sides of the argument are super legit. 🔥🔥🔥
@donkeybus8 ай бұрын
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.
@mattmcginley78 ай бұрын
Peter is a fucking idiot who demonstrates over and over again he has no idea how digital properties have real value
@zachbeall68108 ай бұрын
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-Rod738 ай бұрын
@@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. 🥴
@chuckdawit8 ай бұрын
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
@Peter-l2s3oАй бұрын
I am with Schiff 😊 Greetings from the Netherlands
@dwaynesview8 ай бұрын
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.
@RandyMarshUSA8 ай бұрын
100%
@EroticOnion238 ай бұрын
21 million x 0 = 0
@kwolitek47858 ай бұрын
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🤣
@neildeakin44548 ай бұрын
None of the central banks are buying Bitcoin. What are they buying?
@beaglethecutestdoglula67168 ай бұрын
Thats the point. Who cares about we are moving to a new paradigm of money where we don't need central banks.
@Lexman008 ай бұрын
Thank you for making this debate possible. Hopefully we can get a Peter Schiff vs Michael Saylor debate soon.
@brettrevelle87888 ай бұрын
I've thought about this debate for a while. Would love to see this.
@-whackd8 ай бұрын
You need Peter Schiff to say that Bitcoin is going to zero for 10 more years? What exactly about Schiffs argument changes?
@williamkreth8 ай бұрын
That would be amazing but I feel that would probably butt heada really badly
@Jacobcurman8 ай бұрын
Micheal Saylor is too knowledged to waste time on Peter Schiff
@iBuyBitcoin8 ай бұрын
Saylor would OBLITERATE Schiff like nothing
@charleekimball65518 ай бұрын
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.
@AstralProbes8 ай бұрын
more like douchey 🙂
@chumamakasi66828 ай бұрын
I learnt quite a bit listening to both sides, good one.
@nickhill94452 ай бұрын
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.
@jerelrobinson37628 ай бұрын
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-tc3zv8 ай бұрын
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-v2l7 ай бұрын
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.
@phantomcharger5687 ай бұрын
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-Reviews7 ай бұрын
@@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.
@zakariaelhimer13256 ай бұрын
@carlosrivera-tc3z but those rocks have actual value tho
@Wyatt3338 ай бұрын
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.
@sueira10008 ай бұрын
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.
@salqubeq52033 ай бұрын
Super excellent debate. Freedom of expression is vital & is displayed here with opposing views! Thanks
@crochetninja57528 ай бұрын
Tom, very well done for organizing divergent views on important topics. Keep up the good work!
@egeneraltnf8 ай бұрын
OH THIS WAS SO GOOD! Can we get a part two at the end of the year?
@extraclip8 ай бұрын
Peter: bitcoin is shit, buy my nft 😂
@jameswood97725 ай бұрын
This is amazing. “How to build wealth”
@alexyoung31265 ай бұрын
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.
@bobbymainz11605 ай бұрын
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.
@austingraff18815 ай бұрын
hints if you dont mind
@bobbymainz11605 ай бұрын
Rachel Sarah Parrish
@austingraff18815 ай бұрын
found her online, l’m amazed to partake on this, lt has rekindled the fire to my goals.
@sacha96464 ай бұрын
" 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.
@DeGolem8 ай бұрын
It's nice that you have speakers with opposing views on simultaneously. I'd like to see more of that. Thanks!
@late-nine6 ай бұрын
Hey Peter, if Bitcoin is such a bad asset, why is there a "Pay with Cryptocurrency" button on your website?
@anniewhereandAmsterdam6 ай бұрын
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??
@leopolddebilloez74346 ай бұрын
Why wouldn’t he accept the bitcoin? He’s mentioned before that they immediately resell it.
@CG-dd9tb6 ай бұрын
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
@robertpoturalski42776 ай бұрын
Ha ha
@mikhelBrown5 ай бұрын
😁😂🤣💯
@danieldayton78148 ай бұрын
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!
@crochetninja57528 ай бұрын
Agree!
@Fearzero8 ай бұрын
Peter demonstrates he knows nothing about bitcoin and Raol doesn't know the selling points of it.
@chriseden99078 ай бұрын
Sell it then.
@joesewell3094 ай бұрын
Peter! tell Bill Gates, "Food can't be digital"
@enginestarter6648 ай бұрын
"What would have to happen for you to reverse your opinion" was the best question ever.
@blakelwhitney8 ай бұрын
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.
@taxationistheft7118 ай бұрын
@@blakelwhitney He has been accepting btc for payment of gold since the early days. Hmmmmm
@NuSexEd8 ай бұрын
@@blakelwhitneyyou hit the nail on the head… he would never publicly admit such thing
@trinitylove85358 ай бұрын
💯
@blakelwhitney8 ай бұрын
@@NuSexEd any sound investor would diversify into the new asset class just in case.
@elsk8man8 ай бұрын
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
@keithdmedia92158 ай бұрын
This is absolutely epic. Spot on. The perfect guests for this conversation, Tom.
@marlonnewallo2 ай бұрын
I've never seen Tom looked so worried. Bro, this was the most useful interview you had for your future. #sellbitcoin #hedgeongold #writingonthewall
@NateSecor8 ай бұрын
Raoul, you're forgetting that Peter has called 14 of the last 3 bitcoin crashes.
@bestprice17768 ай бұрын
I think Peter might have predicted even more Bitcoin crashes than 14..... Doesn't matter I still buy every dip
@commentz-16 ай бұрын
😂🤣😂🤣
@OS_MUSIC_PLAYER6 ай бұрын
I expect AMS59K to over take ethereum in market cap in 2 cycles
@mr.bien-aime6 ай бұрын
SCAM ALERT!!!⚠
@potbelly59286 ай бұрын
Stop this crap already
@seanarmstrong84978 ай бұрын
Thank you Raoul for confronting Peter about thinking it is okay to insult people. We all need to lift our game and consciously respect everyone.
@unaffiliated_x92796 ай бұрын
I like Peter but I thought he was rude and narrow minded.
@SamuelMojica-o3f26 күн бұрын
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.
@djquick8 ай бұрын
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.
@SingerDante8 ай бұрын
Smart decision
@americanzombie18028 ай бұрын
Same here
@tucsonbandit8 ай бұрын
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.
@prashantmandare28757 ай бұрын
Best debate I have seen in last few years. Very well moderated. Excellent job Tom
@rpaul99328 ай бұрын
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.
@shaneprindle49423 ай бұрын
Great video! I really have a question. For someone with less than $5,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
@matthewstaulcup47118 ай бұрын
Raoul's a class act. Not much of a debate. Educational as always! You rock Tom....
@Donkor6408 ай бұрын
❤“We’ve meme’d a Trillion Dollar Asset into existence!” ~ Raoul Pal
@bigi_1118 ай бұрын
Sure, if condescending demeanor and swearing constitute a class act.
@henryk.51928 ай бұрын
People say they don’t care about the digital world, and they only care about real life. When I was young, I used to live in a small apartment, in a tiny room. Now, I live in a spacious house. This is real life physical reality. But, every time when I visit my parents and go back into my tiny room, and I turn on a streaming show, play a video game, or surf the internet. Guess what? I don’t feel like I’m in my tiny room. I’m consumed in the digital world, and pretty much everything around me goes away. And when I’m in my spacious house, I feel the same when I’m consuming digital content.
@francisdewolf28498 ай бұрын
Great debate. Do debates like this again
@Dutton8616 күн бұрын
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?
@johnfajer76918 ай бұрын
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.
@OsbornsConcise8 ай бұрын
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
@michaelmarino31448 ай бұрын
Crazy to see a debate where both agree on the problem but see two dramatically opposed solutions.
@davidzawistowski40738 ай бұрын
Bitcoin is a scam. It’s something that can be duplicated in every aspect. The amount of energy pushing bitcoin is the red flag.
@africaninvestor70328 ай бұрын
@@davidzawistowski4073explain
@bookofbrah7 ай бұрын
@@davidzawistowski4073It can't be duplicated in every aspect, sorry but you really didn't understood it.
@alicegomez72328 ай бұрын
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?
@lucasanderson89938 ай бұрын
Profits hinge on capital; it's recommended to engage with a genuine market strategist to prevent errors and sustain consistent gains.
@tommychestnut53358 ай бұрын
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.
@wellsHannahh8 ай бұрын
May I know the name of the advsor who has been assisting you, please?
@wellsHannahh8 ай бұрын
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
@FreeDrumBassRecords8 ай бұрын
DCA
@mikezamos8 ай бұрын
Very professional of Schiff to have an ad on his background..
@ThinkingCrypto8 ай бұрын
lol, shows how desperate he is
@dre44r568 ай бұрын
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.
@TheTerrypcurtin8 ай бұрын
ANNOYING
@whiteglove57238 ай бұрын
ETF of gold vs Bitcoin is not even comparison… Bitcoin will eat gold!
@SlaveNation18 ай бұрын
Who cares! Nobody isn’t forcing you to buy anything! Everyone has right to sell and advertise for something!!
@murphy84494 ай бұрын
Touche Raoul!
@leighannhunt19708 ай бұрын
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!💕💕
@4Asti8 ай бұрын
That class is everything now a days - his ability to play with thought instead of ridge stance
@metalgirl8 ай бұрын
Agree
@jochennel8 ай бұрын
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.
@austinsmith18168 ай бұрын
@@jochennel how did you arrive to that conclusion?
@ElementaryWatson-1237 ай бұрын
LOL. Intelligent is the last thing you would say about him. 😁
@marcobolo25138 ай бұрын
Peters ego will never allow him to admit he was wrong about BTC
@gigglesinside8 ай бұрын
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_machine35478 ай бұрын
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
@Scorch4288 ай бұрын
Hes incapabable of critical thinking. which is why he cant answer what would make him stop believing in gold.
@nicholas2968 ай бұрын
Hmm.. time will tell..
@faitaccompli58788 ай бұрын
He sells Gold, so he can never admit he's wrong, he'd go out of business.
@JustForRita8 ай бұрын
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.
@rorythomson34398 ай бұрын
When grandma asks about bitcoin it's time to get out lol
@jermaineblalock55538 ай бұрын
Sounds like wise advice. Thank you
@vengenace9568 ай бұрын
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?
@my2sats2608 ай бұрын
Ouch - check Bitcoins price June - November of 2025…SMH
@anthonycosentino86638 ай бұрын
From where BTC is now he probably will make better % gains with Gold mining stocks.
@nataliespencer40123 ай бұрын
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.
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
@Edvilla248 ай бұрын
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.
@HITZCOINDIGITAL4 ай бұрын
Great conversation of different perspectives.
@ambertraceyy7 ай бұрын
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.
@fredm17 ай бұрын
This is why I only take advices from my advsor for good entry and exit points on any buys. Best decision yet.
@josephbush7 ай бұрын
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
@debwes17 ай бұрын
@josephbush May I know the name of the advsor who has been assisting you, please?
@debwes17 ай бұрын
Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.
@keithbellair95087 ай бұрын
Shitcoin is all hype.. there is no predicting it.. it relies on hype and propaganda to go up..
@icedcoffee85618 ай бұрын
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_Successful8 ай бұрын
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.
@Paul-v2h8 ай бұрын
Many people in the know on either side of this debate are not often willing to participate in a televised event. Much Respect for All three of you for taking on this topic in this forum!
@big_red_machine35478 ай бұрын
If I was Schiff and sold gold, I’d show up to sell my product every single time
@randallwall27452 ай бұрын
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..
@MJLGEE8 ай бұрын
Thank you Tom and Raoul!
@joesb2138 ай бұрын
havent seen a more cultured discussion then this ....hats of to you...I'm not one of ur greatest fans but the way u steered them today ...have to give it to you hands down ,,,,extremely well handled ......u just added a fan to your already huge list
@dyeinvest15618 ай бұрын
Best episode in a long time. Regardless of how you feel about any of the participants, there is a lot to learn here.
@DBGODIIIVIII4 ай бұрын
@peter schiff is always right, he is a very knowledgeable man, the people who believe in gambling or have a religious mentality will never see it coming. Bitcoin is the new Pokémon for now.
@brendonftrades8 ай бұрын
Crazy thing, we can buy both!
@davidzawistowski40738 ай бұрын
Buy the one that can’t be duplicated…
@J-Rad-8 ай бұрын
What a concept
@big_red_machine35478 ай бұрын
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”
@Donkor6408 ай бұрын
@@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.
@ph80775 ай бұрын
The only thing Schiff got right is buying a gold Rolex. The only precious metals I own are in my luxury watches.
@hajaminola8 ай бұрын
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.
@ivecadit8 ай бұрын
That's fucking awesome!
@gainknowledgeandinsight8 ай бұрын
Sooooo good!!! Love that!
@AwesomePossum5103 ай бұрын
That's awesome, but that doesn't mean that it's not giant pyramid scheme, some people get rich in those too.
@deeeeeeps8 ай бұрын
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.
@BradMillsXRP2 ай бұрын
GREAT DISCUSSION but This is like trying to decide which side of a coin has more value I think the answer is we need both starting w/ GOD....GOLD,SILVER, XRP, XLM, XDC...... LAND, FOOD, AMMO...... LOVE.... HOPE..... ETC
@mattx31748 ай бұрын
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-r3l8 ай бұрын
Lol what does Peter not get exactly? Seems like someone's ego has been attacked because they attach it to their money
@jackgoldman16 ай бұрын
Well done excellent debate. The winners were Raul Paul, Peter Schiff, and all of us.
@Dannyshouseofcards8 ай бұрын
Time limits are needed as Peter will simply continue to ramble on endlessly.
@dubTuube8 ай бұрын
The fewer opportunities for anyone, almost anyone, to respond with facts is very limited if he just continues droning on and on
@TheErickAmezcua8 ай бұрын
Yes. Annoying.
@sarlaz34078 ай бұрын
I enjoyed every moment of the whole argument. Great content.
@bobjames66228 ай бұрын
@@sarlaz3407 You need to get out more.
@poleonpoleon7068 ай бұрын
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
@chefandy723 ай бұрын
I'm with Peter. And i'll go a step further, bitcoin is dangerous, one step closer to cbdc's.