Blockchain

Blockchain-based gold reserve currency is the future



#gold #crypto #blockchain

Peter Schiff on Yahoo Finance’s The Crypto Mile.

Recorded 6/5/23

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26 Comments

  1. gold and silver would be much higher than it is, but thanks to all the paper out there that's not actually part of the market is keeping it surpressed.

  2. Typical from Peter yet again doesn't understand the importance of TRUSTLESS.
    You can't verify the gold backing the token and that's what we want to away from.
    Bitcoin is trustless!

  3. One day peter will learn what a blockchain is and what a blockchain does, so let's help him now…

    Peter, a public blockchain SOLVES the PROBLEM with centralization by making it decentralized, which means trustless, secure and censorship resistant. A centralized private blockchain ISN'T secure, trustless or censorship resistant, in fact a data base is better than a centralized blockchain because it's cheaper, faster and more efficient

  4. Excellent video, this is the motivation I needed to continue investing a higher percentage of my salary, these last few weeks I have been lazy but now I will focus on that to build the future I want.

  5. °°°I just figured out yesterday that most rich crypto holders invest with professional crypto traders to learn new strategies and earn huge amount of money<<<. How true is this

  6. Blockchain and gold are mutually exclusive. If you have gold, a blockchain serves no purpose. If you have a blockchain, gold serves no purpose.

    "Blockchain-based gold currency" is like saying oil-based corn contract, or corn-based oil contract, it's a nonsensical concept, it's a solution without a problem.

  7. Ezekiel 7:19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

  8. PAXG! Look back in your comments, I told you about this 2 years ago. They don't want gold and silver as money, they can't manipulate it. They will push crypto to steal gold's thunder to maintain control.

  9. He says people buy bitcoin with the intent that someone in the future will pay higher for it and that’s where is derives its value. Lmao. That’s literally the definition of a investment including gold.

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