Gold v Bitcoin debate with Voorhees, Scaramucci, Schiff and Roubini

[pmbug]

⏱𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀:
00:00 Biggest Gold vs Bitcoin Debate - Intro
05:40 American & World Economy - Soft Landing or Crisis?
15:50 The American Dream Got Stolen
22:50 Can the Market Collapse Be Stopped?
27:45 Japanese Economy Suffering from Mistakes
29:45 Store of Value - Are We Going Back to Gold?
36:00 Why Bitcoin is Not Suitable for Governments
41:30 Bitcoin Transfers - Privacy vs Money Laundering
48:19 Is Money a Technology? Bitcoin is Not a Currency
55:40 Inflation & Deflation - Bitcoin a Global Currency?
01:02:00 Is Bitcoin an Asset? Bitcoin Price Volatility
01:11:15 Why Bitcoin is Different from Other Digital Assets
01:14:20 Is Bitcoin Decentralized? Regulation & Scrutiny
01:22:10 BTC Volatility, Distribution & Unsuspecting Retail
01:30:12 Buying Bitcoin vs Gold - - Bitcoin Inflation Hedge?
01:34:44 Is Bitcoin a Gambling Token and a Scam?
01:41:45 When Will Peter Schiff Be Wrong? Bitcoin Use Cases
01:48:20 Money Laundering - Cryptocurrency Traceability
01:52:10 Nouriel Roubini's View of the Financial System
01:54:00 Gold vs Bitcoin - What Would Change Your Mind?
01:58:24 Is Bitcoin a Store of Value? Closing Statements

The first half hour of this debate is all over the place - covering the economy, inflation, government, etc. It's an easy listen IMO.

 

[Peter89]

Not sure Schiff and Roubini are the best gold advocates...

Schiff aggressively bashing BTC on X,
Roubini... too much academics. For him it's more about monetary or financial theory than about ordinary people and their need for sound money.
Imo

 

[pmbug]

I watched the debate. All 4 panelists had moments where they made good points and moments where they came off as a bit ... inflexible in their ability to consider challenging ideas. Schiff and Roubini much more so than Voorhees and Scaramucci on the latter point.

 

[Peter89]

On X Schiff is conducting a personal war vs. bitcoiners.
His point is that gold is a better investment than BTC.
Completely missing gold's point

With gold and BTC you are primarily talking about currencies, not investments.
BTC and gold should be compared as currencies, not as investments.
Imo

 

[pmbug]

I think Peter is just trolling for engagement most of the time on Twitter/X. He gets lots of angry replies, so it must be working. I wonder how much X is paying him monthly for the engagement.

 

[Peter89]

I think Peter is just trolling for engagement most of the time on Twitter/X. He gets lots of angry replies, so it must be working. I wonder how much X is paying him monthly for the engagement.

Holy Buddha, for a moment I thought you were talking about me