Jeff Berwick is interviewed for Crush The Street. Topics include: the freedom movement and Bitcoin replacing the dollar, debt slaves, central banking and the emergence of Bitcoin, will the Gold community embrace Bitcoin as an alternative wealth preserver, is Gold relevant in the 21st century? the Venezuelan petro cryptocurrency – can it work? rogue governments using cryptocurrencies to escape the US Dollar, the Free Market Will Flourish If Given The Chance, overcoming depression and the key to happiness.
Original interview on Crush the Street here: https://crushthestreet.com/videos/live-interviews/debt-slaves-central-banking-emergence-bitcoin-jeff-berwick-interview
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Is your debate between Adam and Larken also on steemit somewhere?
Actually you made a great and fair job there by holding and showing your position but just use it to make the talk more interesting and not to manipulate or rig the discussion!
Thanks for actually posting a video on steemit again dollarvigilante. I know you've been busy with Anarchapulco, so it's been a little while. What's the update on the healthvigilante? You mentioned something about getting that up and going a few years back but then stopped talking about it?
I think you pressed the wrong reply button 😉
Possibly, we are living in a digital world and it is inevitable. You cannot cut the gold into small pieces to buy something, and we can no longer use the fiat since it proves loopholes from the past that created a severe chaotic system especially to those poor people.
Bitcoin will replace dollar and will help gold price go higher
I should think it is becoming obvious the issue of central banking will soon be a told story. Decentralization is gaining more grounds.....
I´m curious if there will be ANY transparency oil backing of Petro. How will the audits be conducted?
If not, Petro will be worse than Tether. Much, much worse...
What would it take for altcoins not to be so dependant on Bitcoin? I feel many of them are way undervalued because of bitcoin prices. Would bitcoin have to fall? What do you guys think?
Internationally BTC is the only universal means of pricing. And since BTC price is set by several national currencies...You cant do much :)
To me Venezuela's petro not going to work, waiting to see if I am wrong...
Important question. I believe that if governments become open-sourced and are willing to compete without coercion, then they will truly offer value and REALLY SERVE THE PUBLIC. I think it CAN happen. It requires a free market without obstacles to entry, to discover price and value. There is such a thing as "competition to be good" where the pendulum swings away from corruption and towards truly human values.
I think in the future, we will see many country-specific crypto. A BitDollar maybe?
The Venezuelan petro-crypto experiment is an interesting one to watch. It's a crazy volatile country, so many factors will play into how it goes, but I think the idea is great. If we want to use cryptos for exchange, we will want to peg them to commodities as much as possible.
I think the ideal situation would be to create a crypto that is tied to a basket of different essential commodities. This would stabilize the coin's value, and allow it to function as a highly stable medium of exchange (rather than a volatile speculative asset that you want to hodl).
Since it would be tied to a commodity, rather than a fiat currency, it will still serve as a great hedge against the potential falling value of fiat currencies. The upside for the commodity providers it that they could pre-sell their goods, as the commodity coins. Kind of like pre-paid gift cards.
Great interview Jeff. You have been a change man, for good. Thank you for been around.
i'm waiting for the crash of fiat system for a couple of years now, and it is coming.... thank god i do not have any money so there is some comfort.... i will not lose everything, hahahaha.
i invested in my skills, making cartoon art and a comic book.....! also i do a lot of paying it forward....i love to give away for free..... let the new economy begin....!!
One can hope. One can dream. That's why I made an account on Steem.