Is Bitcoin the greatest money ever invented, or does gold still hold the crown? In this video Hurley breaks down the epic debate between Jack Mallers and Peter Schiff, as they discuss the strengths and weaknesses of both assets. Why is Bitcoin so down when priced in gold? Has gold performed well adjusted for inflation? Is Bitcoin even scarce if it can be infinitely divided? Does Bitcoin need inherent value to become money? We get to the bottom of the age old debate that will shape the future of money forever.
Full Debate: https://www.youtube.com/watch?v=MSlEQA1BoOE
Timestamps:
00:00 – Bitcoin vs Gold Intro
01:13 – Bitcoin Priced in Gold
03:31 – Gold Price Corrected for Inflation
04:32 – The Problem with Inherent Value
07:22 – Is Bitcoin Really Scarce?
08:23 – Did Gold Fail as Money?
11:59 – Mutual Respect and Finding Common Ground
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WARNING: Beware of scam bots that promote random crypto scams and use Swan's image and name in the comment section. We will never ask you to contact us through YouTube. If you have any questions and want to reach us directly, follow our Twitter account @Swan and send us a message.
Jack states the case so well. Love to listen to him talk Bitcoin!
This is the first time I've seen two people with such an age difference debating something of such magnitude in this space. Jack is a class act. Peter is very well respected internationally. The new and the old guard advocates tip their hats to one another in the end. Much respect to both of them 🙂
Can you make an electronic device with bitcoin?
2013 Peter Shiff was preaching Bitcoin going to zero. $1700 bought 1oz of gold or 34 BTC. Today the BTC is worth $1,955,00.
the new investment portfolio 60:40 – Bitcoin/Gold
We’re not the same, I watched both.
A man refusing to engage in politics ends up being ruled by his inferiors.
Thanks for sharing your insights! Bought AWS40K, expecting 5x returns. Coinbase, Bybit, and Binance to list it soon. Super excited to see where this goes!
Thank you for sharing AWS40K💗 I really appreciate it
I trust your choice on AWS40K. So much potential 🚀
Thank you for the insights! Got a 10% profit in just one week from your last tip, OMG!!! Im looking into AWS40K, ETH, and SOL. What’s your advice? AWS40K seems to have potential, but your opinion matters.