Bitcoin vs. Gold

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Information Bitcoin vs. Gold

Title	:	Bitcoin vs. Gold
Lasting	:	12.08
Date of publication	:
Views	:	150 rb

30K ???? Wen 120K
Comment from : Basic Beach Community

This didn’t age well at all Lol
Comment from : KJW

Am glad i grew my portfolio from 17k to 100k last month inside my wallet without sending a dime to anyone through the help of Mr ralf schadewald
Comment from : Domenic Sandri

Wow how times change, Peter Schiff has now accepted bitcoin and will release an NFT art collection on Bitcoin
Comment from : Tyrone Anderson

Bit ponz scam tulip mania 20 digital illusions of wealth pushed by the system to make sure we are left holding a bag of nothing after the great reset
Comment from : Lotfy ken

If this guy bought BTC worth a $1000 when this was uploaded he be up $17000000 as of Apr 30 2023, what a fool lmao
Comment from : Saman

what a fool
Comment from : Saman

이새끼 비트코인 맥시일듯?
Comment from : 툭툭

Bitcoin going to 100K good thing I didn't listen to this guy
Comment from : Best Dental

What a short vision ! The value of Bitcoin is allowing people , companies and governments to say : F**k you dollars printers !!!
Comment from : LlucxZ

"somebody might come up with legitimate digital currency that's backed by gold" is already happening people who will held on it will be immensely wealthy it'll be backed by real goods and services unlike btc which is backed by fiat fiat itself is backed by cow's dung
Comment from : Curts Gab

Bitcoin was around $400 at this time
Comment from : Pomp

Ich werde Ihnen immer zu Dank verpflichtet sein, Frau Shabs Fazi, Sie haben mein ganzes Leben verändert Ich werde weiterhin in deinem Namen predigen, damit die Welt es hört Sie haben mich mit dem Wenigen, das ich hatte, vor einer großen finanziellen Verschuldung bewahrt Vielen Dank, Frau Fazi
Comment from : June Ken

one intrinsic value that bitcoin has that gold will never have is that it can not be taken from you if you self custody it well You can even remember the seed phrase and go anywhere in the world Can't do this eith gold, governments can take gold away best you could do is hide it, bury it etc but you won't be able to access it later in safety
Comment from : Crypto QA

Thanks! I was really looking for some professional opinion on bitcoin craze Ppl barely understand how cryptocurrency works
Comment from : Fundamental Islam

The difference is that the government and other malicious entities have played the shell game with gold for a long time I don't think they can hide the Bitcoins am I wrong? I'm not a smart man, but how in the world am I supposed to trust anyone's estimation of how much gold exists? How do I know that my certificates will be any good when it comes down to it? Also, I don't really buy the intrinsic value argument aren't there other metals that are scarce and far more useful?
Comment from : Dave Fields

Intrinsic value theory is also a misconception and should be abolished brbrI'm a chemist, and to me, gold does have intrinsic value To an electronics specialist, gold has some other type of intrinsic value brValue of luxury is probably the least important of them all, because it is inherently irrational But to most people, gold has 0 intrinsic value because they are clueless as to what to do with itbrbrIntrinsic value of Bitcoin is also dependent on the person holding it To some people it is the only road to freedom To some people it is a way to create a new governance system They see the value of the company or corporation built on it And to most people it has 0 intrinsic value because they don't even know how to own it or what to do with it brbrIntrinsic value is determined by 1-5 (most of it is determined by <1) of people who have enough knowledge as to how to use this good and expand upon it brbrMost of our economy "value" is determined through financial markets, and therefore most of Bitcoin value will be determined by the financial system it can support In that respect, Bitcoin can definitel do much more than gold, and it is definitely more suitable for expansion But I would never conclude that Gold/SIlver is worthless for that reason They are good for other reasons Bitcoin is an online scarce resource, and Gold/Silver are offline scarce resources brbrThere are metals that are even more prescious than gold/silver, but we don't use them Gold was chosen due to many of it's charactheristics It looks nice, it's maluable, it's immutable, chemically inert, scarce, relatively easy to refine, relatively easy to recycle, very recognisable (Bitcoin also has a good "marketing" around it)
Comment from : DataLog

Peter, we want you in the Bitcoin community brYou are the most unlikely Bitcoin hater, even though you have all the same arguments against the fiat system as we do I'm not sure how are you surviving with that level of cognitive dissonance, but hopefully one day you will embrace Bitcoin brbrWe won't attack you for it, we are waiting for you to join Don't be scared, you probably already realized that this will be the future I don't see Bitcoin as a substitute for Gold/Silver I think it's still smart to have some money in those assets to protect yourself from really extreme scenarios (nuclear war, massive solar flare, civil unrest etc) But I think that people should store most of their non invested wealth in Bitcoin (80) and the rest (20) can go to precious metals and offline stores of value brbrBitcoin is simply more practical, more secure, easier to verify, cheaper to maintain and store safely, secure from inflation (better than Gold/Silver), It has not been mostly captured by the government like gold/silver, it is more difficult to confiscate it, etc The only con is that it requires electronic devices to runbrbrI think that Bitcoin should be the standard, and Gold/Silver is not a protection against monetary dystopia (we already have BTC), but a protection against extreme real world scenarios
Comment from : DataLog

iNtRinSiC VaLuE 🤣
Comment from : NSXTRA

Once again he was right like he was about housing He will be right about inflation and the CPI too
Comment from : Some Guy

Even a broken clock tells the exact hour 2 times a day, this guy is a blind clown
Comment from : Ivan Ariel Rocha

- BTC crashing to 10kbr- Look at me, I was right!!!br- BTC still 1000 proffit Ok Boomer
Comment from : Ivan Ariel Rocha

Gold as value in a material world for people wanted jewellery or precious items to build social status How much demand there will be for gold in our world turning toward internet, video services, AI and high technologies?
Comment from : Jeebah

8 years ago lol😅
Comment from : KintoSol26

“Peter Schiff was Wrong”
Comment from : Trap or Doom

Gold is beautiful, the most malleable and durable metal on the planet 🌍, created by dead stars thousands of light years away it is impossible to replicate
Comment from : hmmmm

8:22 "bitcorns" pete schiff is such a troll
Comment from : Joel

Didnt aged well buddy
Comment from : Jonas Hey

When BTC crashes to 15k in 2022 wwyd
Comment from : SanityLoss

🤣🤣🤣🤣🤣🤣
Comment from : M3

Older but not wiser
Comment from : Holy Joe

🤣😂🤣
Comment from : Moh A

Best advice ever I never purchased any btc 8 years ago ❤ you saved me peter I bought gold 🥰
Comment from : BinanceUSD

2050 AD: Peter do you have any last words:br(Bitcoin 1,000,000)brPeter: Bitcoin is a bubblebr(Peter takes his last breath)brCommentator: well there you have it folks br(Note I am not a buyer or advocate of Bitcoin at all)
Comment from : David J

Lolololololololololol
Comment from : Jon

Aged like milk🤣🤣🤣🤣🤣🤣🤣🤣
Comment from : David Royl

look at him 🤡🤡
Comment from : Mohd Salman Ansari

So wrong lol
Comment from : David James

Hahahaha classic This man is so wrong
Comment from : TimmyTitan

Aged like milk
Comment from : Mike Hawk

keep bashing bitcoin and stay poor, gold increase 3 in 10 years bitcoin did about 100,000x
Comment from : P L

It's not clear to me, why you can't have a trust based coin! like fiat! or bitcoin!brThe problem with fiat is its inflation/deflationbrEcoins are for liquid transactions and gold is for saving! brYou can't pay in gold, but you can do it from a "trusted virtual number" (credit card)!brbrEither way I distrust bitcoin, because it is deflationary (wallets gets lost) and finitely fractionalbrSomeday (guessing 50 years) you will not be able to spend half satoshi, the limit is 1 satoshi, and you will have to move to the next currency
Comment from : cexploreful

Gold never had any intrinsic value as a metal until modern times and it was still valuable simply because it was rare and people believed in its value If another metal was found with better intrinsic properties than gold, it would still have value I believe the stage we're in with bitcoin is the same as gold once was before we actually found a practical industrial use for it as a metal
Comment from : BaadMotorFinger

Bitcoin Price:brNovember 22, 2013: $750brSeptember 8, 2021: $46,700 brbr(Let's keep this going every few years)
Comment from : Cryptocoin Kiwi

people that said this age well lmao this guy has predicted so many crashes bitcoin will be one
Comment from : Peter John

Peter: “If you’re buying Bitcoin today, you’re not getting it at the bottom You may be getting it at the top”brBitcoin price at the time of video: $200 brPeter: 🤡
Comment from : Ernst Achildiyev

Peter’s argument is as valid as saying that the USPS should be valued higher than E-mail, because the USPS delivers physical letters on actual paper, while emailing the letter is only electronic with no physical value 🤡
Comment from : Ernst Achildiyev

Well, this video aged well Lol
Comment from : Ernst Achildiyev

He calls bitcoin "bitcoins" 😂
Comment from : Paul G

I still see bitcoin hitting 200k or more before the end of 2021
Comment from : Wolfy Fan

At 6:30 you don't know what bitcoin will be worth next year 5 years Well 7 years later bitcoin is $35,000
Comment from : Nate Sandoval

I’ve never seen anyone do it
Comment from : Emocia Maniero

These videos are great they aged horribly
Comment from : Thomas Mule

LMFAO
Comment from : TheStylesClub

things that didn't age well
Comment from : Windave

Your video is so good hope you get better and better!!
Comment from : 聖安黃

People who criticize this man's opinion thanks to the current longevity of bitcoin are forgetting a crucial detailbrA bunch of very rich people, including Elon Musk, decided that bitcoin has value and gave the currency a huge boost Without their help, bitcoin could turn into a failure We cannot predict these things with accuracy, but the same can't be said about gold
Comment from : onephilosopher

$60400 17th April 2021
Comment from : Jon Barker

Peter Schiff has taken a lot of heat for this and in the end he will be proven to be correct
Comment from : Taylor

bitcoin is literally the second scam after money the elite can control the bitcoin brlmao and the most hilarious thing we don't know how invented the bitcoin because the elite dude
Comment from : LETO

You're right about cryptocurrencies like Bitcoin, but crypto bcommodities/b have an end user so can function as money Ether has objective value in powering decentralized apps, while not requiring trust in centralized banks unlike gold-backed currencies
Comment from : Amar Banger

who is watching now, while bitcoin price 55k ? LOL
Comment from : errik h

You cannot convince a caveman that the pen is mightier than the sword
Comment from : Ennovative

Can gold replicate the properties of Bitcoin? Oh
Comment from : Miros Villacorta

This aged well
Comment from : marc999

This didn't end well 🤣
Comment from : Ralph Joel Bayot

'People want gold for itself it has a value unique to itself'brbrIt does? What is gold's unique intrinsic value?
Comment from : Mandy Whorwal

Wrong
Comment from : Stanley Hudson

Great video I still see Cryptocurrency as one of the best digital investment and I totally love the technology when it comes to the largest crypto asset bitcoin As a trader,I have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides though I am not kicking against Hodl , but I see it as an old and odd strategy to make profit of the market As when the market goes bearish investors/traders lost their investment which is always painful ,this is why Experts opinions has always been a guide for smart traders/investors However , it’s is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead I have been trading with DR Benjamin Aldrich's daily signals and strategy, his guidance makes trading less stressful and more profit despite the recent fluctuations I was able to easily increase my portfolio in just 4weeks of trading with Ben Aldrich daily signals growing 15 BTC to 67 BTC His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him on WhatsApp: +447-86871-4959 ** and telegram: Ben_Aldrich** for inquires and profitable trading systems
Comment from : Fahima Begum

Watching at 57k February 21 Hasn’t aged well for Peter
Comment from : Phil Leach

Sheldon: "I have the Sword of Azeroth! I am the Sword Master!"brRaj: "He's selling it on eBay"brSheldon: "Wait, someone just clicked iBuy It Now/i "brHoward: "I am the Sword Master!"brbrThat's Bitcoin
Comment from : Garrett Lees

On this day (Nov 21, 2013) Bitcoin was worth $683 and Gold was worth just above $1,200 per ounce Today Gold is right under $1,800 per ounce and Bitcoin is just above $50,000 Tell me again Peter if Bitcoin in 2013 was closer to the bottom or closer to the top? And what was the better investment?
Comment from : General Ivan

Listen to this guy if you wanna stay poor
Comment from : One Mans Chorus

Yes, the price it's gonna drop like it did in the past Did you notice that each cycle goes higher??? That is an adoption curve, not a bubble
Comment from : octavianfx

Will you give up at 1 million?
Comment from : octavianfx

It's so annoying to keep hearing bitcoinS Peter, the plural for bitcoin si bitcoin
Comment from : octavianfx

4:30 What if the goldsmith steals your gold? Or dies?brbrLet this video pleeeeease last forever
Comment from : Jan Suchanek

HAHAHAHAHAHAHAHA
Comment from : Constantine A

Peter, you should have purchased a few BTC 7 years ago This video will age amazingly well Please never remove it as I plan on checking in every few years
Comment from : berva

If Peter was smart, he would buy BTC We need Gold-Standard but we need Bitcoin as the global currency as replacement of FIAT
Comment from : Carlos Guzmán

Top indicator for the top of the Bitcoin market will be when Schiff goes all in! Watching this valentines day, getting ready to smash $50,000
Comment from : Murray Kerr