Gold vs. Bitcoin: Week One Wrap Up

Published on
October 18th, 2019
Duration
2 minutes

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Gold vs. Bitcoin: Week One Wrap Up

Bitcoin vs. Gold ·
Featuring Justine Underhill

Published on: October 18th, 2019 • Duration: 2 minutes

Justine wraps up the first week of Gold vs. Bitcoin with a review of the week's earlier videos and an examination of Friday’s content with Raoul Pal, Plan B, and Meltem Demirors.

Comments

  • WB
    William B.
    21 October 2019 @ 02:54
    0 0
    Thanks, Justine. Extremely intelligent questions. As I watched your interviews, I couldn't help but injecting "great question". I don't believe in Bitcoin because I think that the governments won't give up their power to print money.
  • US
    Ursha S.
    21 October 2019 @ 00:32
    0 0
    Justine, I hope you will answer question: why Bitcoin vs any other crypto money?
  • WM
    William M.
    19 October 2019 @ 22:47
    0 1
    Another excellent week of RV videos! Thank you to all those who made it happen....
  • TK
    T K.
    18 October 2019 @ 09:45
    7 1
    Really cool series of interviews, thanks for putting this together! It amazes me how so many people out there don't see the need to hold both gold & bitcoin as a hedge, independent of their convictions about each asset. If bitcoin fails, you still have gold. If bitcoin de-thrones gold, you have bitcoin.
    • AZ
      Angelo Z.
      19 October 2019 @ 18:22
      4 3
      Bitcoin can't de-throne gold, it's an impossibility, It's kind of like saying "I hope the light bulb displaces the sun." BTC is a protocol, a software, not a hardware. It carries internal risks based on complex systems. Gold is a noble metal that does not decay, the "ultimate structural stability" - like the sun. BTC has a dev team that can form disagreements and lead to what are called "forks", splitting into different protocols - the outcome of which is always unknown and fraught with systemic risk (remember, it's software). BTC also lacks secure scaling, it requires side chains in order to become transactional on a larger scale, these side chains open up a whole new set of risks. I'm not advocating for or against, but the two investments are not remotely similar. Those who sell the theory of BTC as a Store of Value, simply don't understand the inherent systemic risks, or they choose to ignore it for ideological reasons.
  • DM
    Don M.
    18 October 2019 @ 11:54
    3 0
    Hopefully, some of the quests will discuss how they actually invest in Bitcoin. One mentioned using a Hedge Fund manager, but that's not a universal option. Since it's not investable on platforms such as Schwab, Fidelity, e-Trade, etc, I think the element of real world how-to trade would be a worthwhile addition.
    • AD
      Alex D.
      18 October 2019 @ 19:14
      0 2
      Get Coinbase
    • AK
      Ado K.
      18 October 2019 @ 23:03
      1 0
      Use a wasabi wallet, hold you own keys & run a full node. Do not use Coinbase, be a first class Bitcoin citizen and not a third class, meaning hold your own money and verify the truth through your own node. Wasabi wallet: https://docs.wasabiwallet.io/using-wasabi/InstallPackage.html#windows download Bitcoin core software to run a full node: https://bitcoin.org/en/download Coinbase looks a lot more pretty and slick, but behind the sweet UX hides fascism and behind the rigid wasabi hides freedom! Your choice my brother!
    • as
      andrew s.
      19 October 2019 @ 17:02
      1 1
      If you got to ask i think you should find a different hobby to trading