I know how to settle this. Set up two booths. One gives out free gold, and the other free bitcoin, you can only choose one. Which line would you pick? I think the line for gold would be many miles longer.

It’s sad how Raol and some very smart people aren’t buying into the stock market bubble but instead buy into the biggest bubble of all time, the BTC/crypto bubble

Bitcoin = Napster. No way that it is the crypto of the future. We dont know if the future crypto will be government, supranational (UN, IMF, BIS, etc), or be from a central bank. Sell BTC while there is a fool to buy it higher than you did.

Shouldn’t be gold vs bitcoin. It really should be gold AND bitcoin.

Brilliant idea, really looking forward to it.

Serious question - out here in CA, our power can now be shut off if there is a light breeze and dry conditions. Is our grid’s inherent age-related decay and lack of modernization a limiting factor for BTC?

I personally see both as good plays. There is not enough gold and bitcoin to satisfy the masses when they exit the fiat system. The older generation with less risk appetite may choose gold but the the younger generation more likly to turn to bitcoin and when they really want privacy and fungibility in their money they will seek monero.

Can't wait for this serious. Right on queue guys, excellent!

Hoping someone can convince me to participate in crypto, but so far none of the past advocates appearing on RV have. Past RV appearances from crypto advocates have been bright people making very intellectual arguments that ultimately boil down to buying and selling to the next person at a higher price. That works until you are the last person to buy. Looking forward to this new series to see if anything has changed.

Ultimately, the question is really about the future of banking. Gold money was the foundation for modern banking. Because of its physical nature, it intrinsically required centralized institutions for safekeeping which, in turn, made society dependent on banks, opened the doors to fractional reserve banking, and eventually paved the way for the introduction of pure fiat currency. Bitcoin, on the other hand, has no intrinsic requirement for centralized safe keepers. This becomes even more relevant with the introduction of DeFi (which is why Ethereum really needs to be included in this overall discussion). Although Bitcoin itself is late to the DeFi party, the success of DeFi on Ethereum will inevitably broaden to Bitcoin as well, and that means these blockchains will make decentralized and fully transparent banking a living reality without the inevitable tumble into centrally controlled (fiat) currency that historically followed the use of physical money. So the broader question is whether we are on the cusp of a technological paradigm shift in money and banking. And if we are, and if transparent digital decentralization is poised to usurp institutions as the locus of trust in society, then it seems reasonable to assume that failures in the legacy system will coincide with the rising success of this new system. However, until the writing is on the wall that this new system is, indeed, inevitably part of our future, doubts about the legacy system will be coupled with the suggestion that the way out is a return to the gold standard. But without the narrative of a return to the gold standard, it is hard to see gold sustaining high valuations simply on the basis of its non-monetary uses. The irony is, therefore, that the future demand for gold depends on the failure of decentralized digital finance and its ability to replace legacy banking. A return to a gold standard requires that centralized institutions remain the locus of trust because gold requires institutional safe keeping and trusted third parties to guarantee that digital representations of gold line up with physical reality. If decentralized digital networks claims the mantel of trust, on the other hand, the physical nature of gold precludes it from participating fully in that trust. Therefore, as this debate rages on over the coming decades, gold advocates will likely find themselves becoming inseparable from advocates for institutions. The very reason we advocate gold in the first place is due to mistrust in central banks, yet central banks represent the very pinnacle of institutional rule.

Real Vision's focus on Bitcoin and Gold as competing stores of value is brilliant and incredibly important. I hope the focus of this series sticks to fundamentals, things like the soundness (a.k.a. hardness) of money, fungibility, cost of carry, custody etc, and does not get too side-tracked by the promise of blockchain or the utility of smart contracts. These other topics are important, to be sure, but they muddy the water with respect to the medium we choose as the bedrock on which to build a stable and prosperous global economy for the future.

this will be the outcome of bitcoin if it becomes large enough to become a global currency threat. https://www.coindesk.com/ebay-stripe-follow-paypal-in-quitting-facebooks-libra-project

Very much like gold, bitcoin has been 'around' for thousands of years. It has just been called something else during each of many time periods.

BITCOIN IS A FRAUD

RealVison are doing their best to focus on their founding ethos, namely to bring the world of finance to the people. The Bitcoin vs Gold debate is a very important consideration for those with money to invest (hedge funds, HNW individuals, family offices) however you won’t hear anything about it in the mainstream media.

Wasn't there a crypto thing a couple of months back for 2 weeks? I'm not against it, but would prefer more specials on other things like volatility instead of more btc and gold evangelism

Can't wait for each of these next two weeks. However, I am curious to see if any of your interviewee's will talk on Ethereum,