BITCOIN vs GOLD in Aspen!
7 years ago in #bitcoin by keiserreport (66)
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Very fun interview. Thank you Max, you won
Looking forward to part 2 of the debate @keiserreport , travel safe.
ya man seeing stacey mention steemit and getting to get responses from her is so awesome, its just so amazing to hear John Macafe speak on RT and adreas antonopoulos and the idea that mcafee had to remind everyone on RT is that "As more people use bitcoin the value intrinsically grows" as in, when everyone on earth all use bitcoin it becomes even more useful because it is the one world currency the cashless society weve been all hearing about for decades well its here and its undeniably bitcoin . Crypto currency is eating up fiat until there is nio more friat value left....and Steemit is doing the same thing to reddit and social medi! steemit will eat at the users of social media until they are all on steemit! It will be a huge win for free speech and peopel will have to learn to deal with content not being able to be taken down!
Stuff will be flagged by mobs for sure though, imagine when al;l of reddiut joins steemit, imagine all the asholes with steempopwer who will hive mind it up lol it will be so crazy but hopefully by then Ill hav so much steempower that i wont mindm, ill go around being able to right wrongs oh man it will feel so good I bet, steempower will be so valuyable everyone will want the power to make decisions on this network! people already right over power on reddit! if people could biuy admin accounts on reddit they would! Thats the undervalued overlooked aspect of steemit, that social power of steempower! Its worth a lot more as more people USE steemit until everyone is on it like facebook is so ubiquitous that its actually useful for finding people and letting people connect with each other, even in real life, people ask for each others Facebook info instead of phone numbers! So anyway steemit will BECOME more useful AS more people use it globally! and therefor STEEM also become smroe useful! "Oh can i pay u in steem?" Yeah send that right over i got steemit" some peopel will always rather juist convert it to bitcoin but AS PEOPLE realize how USEFUl steemit is as a way to just hold money, and as people FIND OUT that teem IS basically as godo as bitcoin, people will start to accept it,
but we need marketing campaign to educate people on how steem is exchangeable for bitcoin then they will see steem as simply as useful as bitcoin! and as bitcoin becomes the one world global currency, it becomes more and more useful! Whole cities will use bitcoin and eventually whole countries like Japan will let you live day to day using bitcoin and its already like like with bitpay debit cards so that's not the problem anymore, but its all new, the methods of using bitpay debit cards is still new, peopel are just finding out aboiut it but the transation is gioing to be years maybe even a decade! so we all have so much time to keep savingmoney! you are going to become a billionaire very soon man, very soon!i cant wait because you becoing a billionaire is me becoing a millionaire steem at $2 is coming back very soon then $4 steem and everyone wkill become estatic and $5 steem and people wont know what to do with all their money and $10 steem and EVCERYONE will be hhappy for having gotten intio steemit!
Cheers bro, ant ait for these happy days to come! SO MUCH awesome shit is coming our way we are in for some GOOD times! lots of work but GIOOOOOD times!
Thx for sharing
Bitcoin won 😀
Been following Peter Schiff for a long time but I "Cringe" when he bashes cryptos lol ... don't worry @keiserreport, he will come around in a few years when bitcoins hit an all time high lol
BCH is a beeach
Let it burn
Good post.
I have upvoted and followed you..please follow me and upvote.
Only time well tell BCH is better than BTC or not. But recent stats shows BTC is better
BTCH wont reach the cap of BTC.
Just wait till your crypto exchange of choice offers you trading in precious metals and commodities.
BitCoin and cryptocurrency is a buble? Lol.
When people were still buying and selling with gold hundreds of years ago, yes it had and still has a value but today you have banks printing millions and millions of dollars. None of those dollars are reaching us. And there is no limit to the printing itself.
😂😂😂😂😂 very funny my bro. They just print and share among themselves while the poor wallow in abject poverty. Imagine that
Nice defense of cryptocurrencies Mr Keiser. The value of money is only determined by it's objective exchange value, even Mises says this. Money does not have any other function than making it easier to exchange products and services with each other. It does not need to have an indusrial use inevitably. The currency that fulfills the conditions of an exchange means the best way, will be the generally accepted money, let the market be the judge!
I am with BTC
Great post as always :)
Re$teemed, uovoted & following!
@keiserreport is doing great job,as always!
Peter describes BitCoin with the exact same definition as the Dollar...hmmmm. Peter just does not get cryptocurrency technology. Loved the Charlie interview and yes Max you could be Satoshi especially with the grey hair ;-)
Value wise, gold is better than BTC. Gold can be use in semi- conductor BTC is mines on semi conductor, gold can be sold, btc too. Therefore, both are tradable, ?
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STOPTwo things to remember:
If it's a threat to central banking, you can bet the powers that be will make it illegal and brand the owners of it as terrorists!
Gold was confiscated once before in U.S. and don't ever doubt that it cann't happen again.
Best advice, stock up on food storage and items that have trade value in a SHTF scenario. Gold is good if you get it in 1/10 or 1/4 oz sizes since who's going to be able to make change with a 1 oz coin?
One Electro-magnetic pulse and all "crypto's" are gone!!!
Just my two cents
As always I upvote/follow/resteem those that do the same for me. Just don't spam my feed or will unfollow/mute.
Never let your bread and butter clog your vision.
Max, glad I found you at Steemit. Are you going to Anarchapulco '18? Would be fun to have you..
5,820,203,717
That is how many ounces of Gold there is above ground according to a top google search.
By dividing 5,820,203,717/21 million.. that is 277.15.
Which makes Bitcoin at least 277.15x more rare than gold!
$1,288 (price of gold) x 277.15 = $356,969.20 per Bitcoin
That's right now without the dollar collapsing..
Schiff says "what if a better faster cheaper bitcoin comes out? and bitcoin becomes worthless??" You mean Bitcoin Cash? LOl and guess what peter schiff, you get some of that "new Bitcoin" if u held any of the old stuff!
God peter schiff is so stupid! he doesn't realize that people will mine the asteroid belts for so much gold the prices of gold will go down to $100 an ounce! use the unlimited amounts of fusion and solar energy from dyson spheres to manually reconfigure atoms to create gold from silicon or hydrogen as well!
LOL at Martin Luthern doing a "HardFork" of the Catholic Church with Protestantism and Gutenberg's printing press (Chinese invented the printing press much earlier btw) haha thanks max for that awesome joke, did u come up with that yourself or did you hear it at that conference?
One must have both 10% in gold and maybe 5 to 10% in crypto and everyones happy, no need to argue
funny
LOL ... fun and insightful consider we need to all get on board with it-upvoted and following now!