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%

[@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.

[@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.

[@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.

[@larrypaul-cw9nk]

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

[@sabastinenoah]

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

[@larrypaul-cw9nk]

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

[@sabastinenoah]

Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@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.

[@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

[@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.

[@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

[@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.

[@BuckNaked2k]

Here we go again. 🙄

[@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.

[@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.

[@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

[@AngellLevey]

One of the most brillian investing advice i have ever gotten on youtube came from watching an interview with Julianne Iwersen Niemann. Indeed, A solid investment strategy is like a well-planted tree-it can withstand storms and still grow strong

[@florianmadison]

I’ve heard of her How can i reach her, if you don't mind me asking???

[@BaffySchenck]

⁠ her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@florianmadison]

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get||

[@georgestone0123]

The thing is people often doubt the prospects of financial advisors like Julianne Iwersen Niemann in business/markets today..

[@georgestone0123]

Well it gives me more time to get ahead while they stew in their own pity and doubts as they childishly complain about those spreading the word|

[@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.

[@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

[@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.

[@shantashanta1363]

Tom since the day I found you in KZbin, I’ve learned sooo much. You are my guru. You bring such amazing people in your shows, never disappoints. ThankYou for what you do. 💞

[@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.

[@CryptoCore121]

That goes the same for any other investment. Speculation. Everything is a ponzi.. 😊 even human population.

[@jtalmighty947]

@@griftinggameryeah but some of us have all that and BTC, and some have even purchased all of that with BTC gains, so it’s not an either or situation.

[@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

[@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

[@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?

[@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.

[@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 😂

[@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.

[@jamesschroeder1174]

At 1:37:00, Pal discusses the concept of storytelling, which ties directly to what I’ve long argued about Bitcoin: everything has value because we collectively agree it does-except for essentials like food, water, and a few other things. The difference is, we live under the illusion that this isn’t true because we’ve inherited systems like gold, government-backed money, religion, and so on. Bitcoin, being new, lacks an established story. Many people miss this because they take inherited systems for granted, seeing them as permanent. Pal’s point here is incredibly insightful and captures this idea perfectly.

[@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.

[@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..

[@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]

😁😂🤣💯

[@Ericomar-i3u]

I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area. Thanks so much Rolando Daiz.

[@MaggieClark-s2k]

I'm surprised that you just mentioned and recommended Rolando Daiz , I met him at a conference in 2018 and we have been working together ever since.

[@Calvin007-n5l]

The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

[@ElijahFortin-f2i]

You trade with Daiz too? Wow that man has been a blessing to me and my family.

[@ZoeySimard-c1p]

I'm new at this, please how can I reach him?

[@DanielPelletier-z5l]

I was skeptical at first till I decided to try Its huge returns is awesome I can't say much.

[@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.

[@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???

[@peterrabson3383]

At 2:19:20 "I realised I had the wrong mental model". Is a fancy way to say 'I changed my mind'. Best descussion on the current economic situation (Dec 2024) I've found, well done.

[@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.

[@CheckYourPulseShorts]

more like douchey 🙂

[@chumamakasi6682]

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

[@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

[@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.

[@Ermz]

2:56:28 looking back on this conversation tells you who has the more robust predictive model.

[@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.

[@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

[@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!!

[@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.

[@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 😂

[@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.

[@Applepie409]

Awesome, but it is a Ponzi scheme. Hope you are a philanthropist and help someone to progress in life instead of being druggies when the scheme fails.

[@solacm8673]

You need to get these two back together for a rematch.

[@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.

[@silverlion5384]

Mr. Schiff. 30:39 Gold is not the best conductor of electricity, SILVER is the best conductor of electricity; followed by copper then Gold. Gold is # 3. Silver is a strategic Metal used in industry, military weapons solar panels, cell phones, electric vehicles, computers, televisions, mirrors, medical equipment. The mining ratio is 7 to 1 . The purchase ratio is about 85 to 1. Silver is massively undervalued.

[@brendand1937]

100% silver stacking dwarves both arguments

[@MannElite]

I don't think this is true. I think Gold is the best conductor. Why would they use gold for PCB components if silver is better and 80x cheaper? Same with cables, like high quality audio cables for example are gold plated, and marketed as gold plated for superior conductivity and less loss of the audio signal. Also, silver cables would tarnish over time, and again I'm not like a scientist so maybe I'm wrong, but it would seem like as the silver tarnishes it would be come worse and worse at conducting, where as gold doesn't tarnish.

[@hubblebublumbubwub5215]

He likes silver as well, though he way over-emphasizes gold.

[@Gold_Silver.]

Silver demand for solar and EV’s 📈

[@jeromedenis4754]

Gold is pavement in heaven. It's just a mineral, a rock, a metal that's pretty.

[@descokartel]

After all, Peter was always right. Once the tokenization on ledgers like the xrpl begins and bitcoin has to compete with regulated utility tokens and fast blockchains like the xrpl, then its over for bitcoin. Why would anybody hold Bitcoin then..

[@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.

[@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

[@alessandromorris3583]

There is a generational issue here. Truth is, Bitcoin itself is the gateway to what the digital future will be. It's easy for Trad-fi to make a case against bitcoin while ignoring the fact that the real disruption is blockchain. Bitcoin and the word crypto are just unfortunate names that people without the understanding can get distracted. What is considered "real thing " is not going to be the same when blockchain becomes the source of truth. It's a good debate and hats off to RP for keeping his composure.

[@hubblebublumbubwub5215]

What are you actually saying? If it's a gateway, doesn't that just make it disposable when a new better thing comes around?

[@air-ren]

not sure what that other comment is yapping about but agreed. Peter simply doesn’t fathom the digital frontier and its impact/“value” it will have and already has on generations today and to come. pffttt oh well

[@hubblebublumbubwub5215]

@@air-ren Impact and value are two completely different things.

[@air-ren]

@@hubblebublumbubwub5215 buddy, you’re still not providing a point. you’re just talking

[@hubblebublumbubwub5215]

@@air-ren That's the most hypocritical thing I've ever read.

[@smokehut464]

I'm not usually into bloodsports but this debate was fantastic, it didn't get out of hand and remained on point. I'm not in the Schiff camp persay, but I do think that he had an excellent argument with Bitcoin dominance and the idea that it doesn't have much to back it other than collective desire to hold it, and that other projects have greater utility and could leave BTC behind. I didn't hear a reasonable response to that point and felt like it was dismissed and answered with speculative questions. All round though on all parties, an excellent debate. I haven't lost faith in BTC or gold and will always look to hold both - - when it is reasonable to do so.

[@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]

😂🤣😂🤣

[@adriansgt9465]

9 months later, so it seems Raoul was right!

[@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

[@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

[@gabbe_wng9712]

I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $45k - $50k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year

[@Linda-pr]

Diversify your holdings across several asset types to reduce risk rather than putting all of your eggs in one basket. If you don't know a lot about finances, speak with a FA

[@Louisjake-w1m]

Exactly why I now work with one. A lot of folks downplay the role of FA 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 FA and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

[@cherry810803]

Well it seems like a lot of your interest is riding on your source, I could really get well accustomed to your viewpoint, get me involved.

[@Louisjake-w1m]

I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Eleanor Bonnici Deskin I've worked with her for some years and highly recommend her. Check if she meets your criteria.

[@cherry810803]

Thank you for sharing this. I've scheduled a call with her and am eager to speak with her directly. She certainly stands out, even with her busy schedule and commitments.

[@keithdmedia9215]

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

[@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

[@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

[@rstepanc]

We need more debates of this kind.... Real pleasure to listen to you guys.

[@name6114]

Peter is the perfect example of the horse carriage salesman, not understanding the true business that he’s in. He’s right about so many things, and yet bitcoin was invented as a solution to all of his complaints and yet he doesn’t see it. Instead of understanding that he’s in the inflation hedging business and not the gold business, he’s missed out on the biggest opportunity the world has ever seen. He still either fundamentally doesn’t understand a bitcoin or more likely he just sees what a threat bitcoin is to his gold business and is he’s lashing out. He’ll be ranting about what a poor investment bitcoin is as it passes $1 million in value.

[@scartissuefilms]

Yeah, I think he just picked his side and now has trapped himself on the losing team. It doesn't make much difference to him, he's not going to short either way.

[@rageburst]

Peter can't seem to understand that utilitarian value is not intrinsic value. Money is essentially a ledger and bitcoin is the king of ledger. We dont want to make it do other stuff than what it does now. Its current use case is to become legal tender for all the fringe countries until Gresham's law makes it the apex money.

[@oli23511]

😂😂😂

[@GunfightersINC]

perfectly said.

[@mefisto05s.20]

No, he is absolutely right

[@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

[@kylen4701]

@@MrRichbc I don't think he looks sad at all... I just think the 2 have very different world views basically. I tend to agree with Peter more myself. I see that there are other views and talking points. Complex systems have no easy answer.

[@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

[@francisdewolf2849]

Great debate. Do debates like this again

[@mrharry8466]

Watched every second. Both fabulous and intelligent people. Great job

[@dustinbowers8688]

How did no one bring up the fact that GOLD went from $1,750+/- in 2012 down to $1,000+/- in 2015? Gold is also a volatile asset also.

[@anotherperspective5682]

It's true, it's just the difference in volatility is vastly different. Gold had a traditional technical correction after a 600% run between 2001 and 2011. Losing less then 50% after a 600% gain is actually really impressive, I mean for a precious metals.

[@Re-Loadz]

nailed it.

[@KingKong-li2lg]

Central Banks had to beat it down so they could LOAD THE F UP!

[@jobuhayes8767]

What happens to the value of bitcoin if computer people create several other digital currencies with a finite number of units?

[@smirking8457]

@@jobuhayes8767Nothing - because BTC is network dependent - as all value structures are

[@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.

[@joesb213]

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

[@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.

[@SuperSavageSpirit]

You know you are a shill when you are defending gold and literally sell it with your logo on the wall

[@John-dh1od]

maybe he sells it because he believes in it

[@SuperSavageSpirit]

@@John-dh1od I would hope so. That doesn't have anything to do with what I said

[@LizEarthAngel3]

@@SuperSavageSpiritdis info info, they really don’t want no we’re aren’t to trust crypto but stick with the current system

[@OGCrypto33]

how does your iphone work. oh thats right, its that bitcoin holding the circuit together.

[@SuperSavageSpirit]

@OGCrypto33 never owned a trash iphone in my life. I have sense and use Android

[@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.

[@KreamyKone]

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

[@Neunzahn]

You need education, medical care and property for your family to live in? If yes, you need wealth.

[@2ndRenSoc]

Nice style Tom! Keep going!

[@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.

[@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.

[@AdamMundok]

This was published on KZbin nine months ago. I'm watching it now and ironically just last week, a news article was published that the largest gold vein ever recorded has just been discovered in China and it's larger than all the other gold veins combined. This gold vein in China was discovered, using LiDAR and some other high tech technology however, since it has not yet been extracted, it hasn't yet affected the price of gold on the stock market in any substantial way Also, Cardano (ADA) recently announced that it will be integrating level two technology for BTC to be used seamlessly as a currency in Jan-Feb 2025

[@henryk.5192]

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.

[@Paul-v2h]

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_machine3547]

If I was Schiff and sold gold, I’d show up to sell my product every single time

[@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.

[@skaterboy75798]

Peter at 1:12 got upset and started attacking Raoul personally which shows me what I need to know. Also hes playing double standard to btc and doesnt for his gold. gold cant be used at a grocery store no more than btc.

[@13MAM13]

32:25 Watching Raoul's face as Peter says Bitcoin and Easter Bunny in the same sentence was priceless 😂

[@tstilley1000]

That was awesome! I’m with Peter

[@weegieboard8432]

yeah awesome! you stay poor with your tulips@@tstilley1000

[@13MAM13]

@@tstilley1000😂 He said tooth fairy as well 😂😂😂

[@prouse376]

​@@tstilley1000 I remember hearing the same thing about the internet.

[@13MAM13]

@@prouse376 Life was better before Internet

[@andreymilakin3237]

Haven’t seen such a classic “Old vs New” debate in ages !

[@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.

[@JoeNardini]

There is no equivalency between gold and bitcoin. Spectulate on Bitcoin if you desire but unless you sell it on an upswing , it is not a store of value. 1:14:50

[@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

[@prashantmandare2875]

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

[@LesterHess-t1x]

The belief that the Federal Reserve would stop rising interest rates was the driving force behind the entire economic crisis. What should we do given the current situation when interest rates are falling? How should I allocate $300k right now, in your opinion?

[@wmwoods-l4f]

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.

[@j.ottinger]

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

[@karitanaw]

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

[@j.ottinger]

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

[@karitanaw]

Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@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

[@daniellovecchio6235]

"The internet is just a fad." - Newsweek Magazine (1995) "The internet may be just a passing fad." - Daily Mail (2000)

[@ousamaabdu794]

To be fair.. Very very few people or publications said the Internet would be a fad..

[@cman5461]

lol "Daily Mail". Please don't tell me you are comparing something with infinite value(internet) to Bitcoin?

[@clarkg5946]

I'm sure many said tulips were just a fad too.

[@Donkor640]

@@cman5461I believe Crypto has infinite value, but it’s tied to the internet making it impossible to really contrast the two. Just like internet use cases weren’t clearly understood 25 years ago, crypto uses are in their infancy.

[@davehooper6481]

The Internet turned out to be very useful, which bitcoin is not, and it got faster, which bitcoin certainly could never do

[@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.

[@krisofmathraki]

Very nice debate! Gold is a product, currencies are ideas just like Cryptocurreny. Fiat currencies are much less volatile than Cryptocurrenirs.

[@dyeinvest1561]

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

[@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.

[@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.

[@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.

[@crochetninja5752]

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

[@roncabezas6298]

FANTASTIC DEBATE, FANTASTIC GUESTS, FANTASTIC MODERATOR!

[@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. 😁

[@christophercoade977]

If there is a financial collapse I just can't see rushing to buy a digital chain letter. People throughout history rush to buy physical assets. Why take the risk in something digital