Title | : | Bitcoin vs Gold DEBATE 2024: Peter Schiff vs Robert Breedlove (WiM532) |
Lasting | : | 1.54.11 |
Date of publication | : | |
Views | : | 128 rb |
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Loved hosting this debate, thanks Robert! Comment from : @KeithKnightDontTreadonAnyone |
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Its great to hear such great minds collide But guys, why do you try to orange pill a guy who probably sends letters to his co-workers instead of e-mails A guy who comes to work riding a horse instead of a modern transportation method A guy who probably does not brush his teeth because he cannot see the bacteria: -''There is nothing there, why do I need to brush my teeth''? Comment from : @Luca639Urbani |
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Peter: i can transfer gold to you when i on swiss u on china brRobert: yeah if u not in war area, and not happen gold Rush brPeter: its government not private company brRobert: so government and private not third party? Which is in the past third party always ruined our time and energy (real money) Comment from : @fatkhurrozak6436 |
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I just dont want to think Peter is so stupid he pretends to be in this video??? Comment from : @erkkameskanen1405 |
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Robert has ultimately deeper understanding of money Peter sounds just like a joker Comment from : @erkkameskanen1405 |
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I was trying to understand crypto as (I think) I understand gold and I've found this great debate Ironically not Mr Schiff but Mr Breedlove convinced me that BTC is nothing but "BS" 😢 Comment from : @mateuszlewi9321 |
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Don't get the chip,eventually you will be the new digital currency Comment from : @sennmoe5 |
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Give me 100gs of gold or bitcoin I'm taking bitcoin Comment from : @troyrager1352 |
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1:20:52 Comment from : @supremegentleman4276 |
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8:50 Peter actually says, “Money is a commodity… that the market has decided to use as money” Comment from : @SirChristopher365 |
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Incorrect … Cardano is doing defi for bitcoin through bitcoin OS to make it further decentralised, increase its tps- hydra , and lower the fees to do so, Cardano also has a fixed supply Gold looses its value over time at 2 percent Bitcoin and Cardano only go up because the system inflates money supply at minimum 2 percent so price allways gose up 🎉 Comment from : @ethanharding4126 |
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Bitcoin is valuable because we speculate that it will become money but it's not a speculative bubble Comment from : @anarchic_ramblings |
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Saylor too scared to debate Schiff Comment from : @24theMoney |
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Peter is super scared of losing gold's market share into bitcoin it's like a father debating about the worth of his children you can see it in how he acts and talks bitcoin is just nothing? strawman look at why bitcoin was created to see if it is just nothing Comment from : @lastofusclips5291 |
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smart guys ,peter forgets about consensus Comment from : @ghostinthearena |
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Loved the conversation but why peter is using those strong words to disgrace bitcoin? Comment from : @jihoonhan1328 |
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But Peter, the people you say got filthy rich with bitcoin ,I don’t think they have turned around and transferred this money into gold and any great significant way Comment from : @karinerken9626 |
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Robert didn’t interrupt Peter, even once brPeter interrupted Robert, every time he spoke Comment from : @coopercooper8406 |
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Data… is the new gold, as they say It’s being bought, sold, coveted, collected(mined) constantly All of Peters criticisms of Bitcoin… that it doesn’t exist, it’s just numbers, etc… all apply to data, also, yet, they call it the new gold brListen to Peter at your own expense Comment from : @coopercooper8406 |
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Bla bla bla poooof! Buy bitcoin Comment from : @pattybips5519 |
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I'm with Schiff in this debate, but I thought the interviewer was fair and I appreciate the dispassionate, logical approach of Mr Breedlove, thanks Comment from : @SkipDulcet |
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Orange sunglasses, goofy pony tails, Miami-vice shirts don't make a manDude is a joke Get a real job, do some labor, make a product of value Mr But-love Comment from : @goldismoney5899 |
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1:0355m Peter -"The reason that Gold can be money is that it is a valuable metal that people can use in the future" BreedloveOk, and if I will just let that one go I will throw it back to Keith Comment from : @goldismoney5899 |
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I don't feel bad for the bitcoin crypto cult They deserve to lose it all for being so pompous and ignorant Comment from : @goldismoney5899 |
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I sometimes think Peter is some form of dementia Comment from : @nukethewhales8170 |
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Peter owns a company that sells gold, ShiffGold This is a pointless debate, he's not going to tell anyone to not buy gold Comment from : @marshall2015 |
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Can Bitcoin last for thousand of years as gold ? The answer is definitely NO So surely will be a sad sad ending await 😢 Comment from : @yeaplye9080 |
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Peter believes in the Big Bang Comment from : @donegigian1247 |
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The 21 million BTC can be increased via consensus and code changes Comment from : @ScrimScram |
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Two years ago, BTC dipped below 16k brFrom there to here, bris a 6X 😂😅 Comment from : @coopercooper8406 |
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Bitcoin is never safe and trusted assets Comment from : @pkweaving2910 |
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what determines a "node" Who establishes what computer or computer limited network becomes a node Existing nodes can disappear in a moment -- a bomb can take out a node Comment from : @richardteague5563 |
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The race in California fires makes the best argument for Bitcoin I've seen so far You can't take paintings, old books, silver and gold bars that easily when there is blazing fire threatening your life Comment from : @ronkonkoma4223 |
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Peter makes some reasonable points But the problem with his stance is that no amount of time and increased value of bitcoin allows him to say he might be wrong His answer will always be "we will see" Even if hypothetically bitcoin is worth $20M in 25 years Comment from : @humanze |
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1:34:45 Art, Music, language, love, family, time, Bitcoin Comment from : @tpier029 |
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21:00 electronic gold, Schiff needs to paint his whole body gold with gold gold sun glasses He is literally a more comedic form of gold member Comment from : @tpier029 |
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it's true that Peter meat very strong opponent this time Comment from : @ntfsntfs5282 |
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Robert, what's your argument against other cryptocurrencies, including many other Bitcoins (ex Bitcoin Cash)? Comment from : @ntfsntfs5282 |
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Poor Peter He will be the last to understand Comment from : @zsolt6907 |
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Agree with Waren 100000000 Could, would, IF is all you crypto guys can talk about Why because its holds no Findamental value whatsover and a big gamble Check out the Oct to Nov 2020 gap and if you belive in Technical analysis and see what foing to eventually happen🎉 Comment from : @rossitherhodie5659 |
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Actually, gold is created in the cores of stars, not at the big bang, and released when the stars go supernova In theory, a large gold meteor could fall on earth, devaluing all the gold in Earth Comment from : @georgealozano2619 |
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42:34 energy cannot be destroyed Now quantify all the labour, energy etc spent on the function and security of the current debt-based financial system and you have a very lob-sided comparison Respect to both guests though for their passionate arguments Comment from : @wihanvanzyl4564 |
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Fiat currency and gold has led to the corruption of nations Because it can be used in the shadows Comment from : @MarioLuigi-vb3rp |
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8 billion people on earth moving money at the speed of light gold can’t do this And I pray we start mineral mining in space in ten years That would crash the price of every metal on earth Comment from : @MarioLuigi-vb3rp |
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The dollar is not an illegitimate current we have an army gdp and oil to back it And soon bitcoin Comment from : @MarioLuigi-vb3rp |
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Peter talks to much Comment from : @SteveCJr |
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Peter is correct you could walk around with $100,000 in gold coins in your pocket …AND someone could rob you and bye bye gold…that can’t happen with Bitcoin Comment from : @bolofinder9750 |
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The problem with using valuable metal coins if that more gold silver copper can be mined and does not have a hard cap like Bitcoin Comment from : @bolofinder9750 |
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Reality is gold price will stagnate because people will sell gold and buy Bitcoin thusly lowering demand for gold Comment from : @bolofinder9750 |
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Good could be $5000 an ounce and it still wouldn’t be enough to back the paper Comment from : @bolofinder9750 |
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Did you say Peter Sheet?😂 Comment from : @fredi1356 |
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Why would someone give this guy more exposure yet? Comment from : @fredi1356 |
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Pretty sure Breedlove is using ChatGPT to answer the majority of these questions lolbrbrIt’s incredible that Schiff can speak from the top of his mind and ramble on (interestingly making sense) but still steamroll any argumentsbrbrGood convo, we need more like this! Comment from : @Jooseppee |
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People may have wanted gold for thousands of years but they didn’t have any alternative Comment from : @jmoney6652 |
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Fiat currency is insured by more Fiat currency in the banks That's the only thing that backs it up That's not a good thing 😅 Comment from : @srt4cab3 |
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The argument from Robert on ETH in 2016 is beyond horrible ETH was PoW and it was up to the miners to either go with it, or don't It created a fork and the market choose for ETH instead of the original, ETCbrBitcoin has had many changes in the past, one of which was to fix an inflation bug Same thing Comment from : @KennyL89 |
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Yellow glasses dude doesn’t need real foodbrHe eat Soylent Green! Comment from : @lotsofthisandthat9791 |
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Robert is reading off ai or a script lmao this not fair Comment from : @tomzhu1488 |
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Great job at moderating and this debate was very well done and both gentlemen were reasonable adn respectfulown bot BItcoin, crytpto and GOLD Comment from : @leferrellvandiver5951 |
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🎉 Comment from : @bitcoinmoc |
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Breedlove is too intelligent to believe some of the things he has said, such as:brbr1-unlike all other inventions, Bitcoin cannot be improved upon He knows bitcoin can be improved upon and will therefore be replaced br2-Gold cannot be used as the money in a digital society as effectively as bitcoin because it is digital He knows faster and cheaper transactions could be used in a digital world using blockchain technologies as currency backed by gold br3-He knows bitcoin is being used less and less as money in the purchase of goods and services, but he denied this obvious fact by stating how many trillions of dollars of "transactions" in which bitcoin has been used Transactions include the buying and selling of bitcoin, a fact the moderator quickly brushed under the rug with his simplistic definition of "transaction" br4-He refused to acknowledge that bitcoin ownership and use is more at risk of confiscation by corrupt government than gold because bitcoin transactions can be traced while gold is anonymous brbrBecause Breelove did not admit to these points, but danced around them instead, and because he is too intelligent not to see the validity of these points, I believe his purpose is to promote bitcoin, even if it means deceiving listeners Comment from : @GarySpringer-v9t |
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Debating Peter grants validity to his strong opinions based on a lack of understanding No one should be "debating" him Comment from : @sk80soarus |
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Peter does not get it! Money and its value system is a decision by the people There is no "the value" Comment from : @joshuabirkhoff9704 |
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Schiff is thinking he needs to be buy Btc immediately Comment from : @xDooksx |
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The Fed figured out a way to make the usd a commodity Comment from : @xDooksx |
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This debate is an awesome meme Thanks to the moderator for looking like Johnny Rotten and Breedlove for looking like a swoll Bono the future will find this a fascinating sociological relic of the Bitcoin ascendancy during ridiculous Biden era Comment from : @Stonkings |
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Bitcoin didn’t even exist in 2001?? 1:32:17 Comment from : @samuelelizondo9729 |
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Crypto is fine until Russia does an EMP strike on North America No internet means no Bitcoin Imma take my silver coins and go but me a cow…lol The farmer will gladly sell one to me You can promise to give him zeros in space when the internet is back up but I’ve a feeling you won’t be getting a cow Comment from : @angiecheesman3114 |
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Crypto is fine until Russia does an EMP strike on North America No internet means no Bitcoin Imma take my silver coins and go but me a cow…lol The farmer will gladly sell one to me You can promise to give him zeros in space when the internet is back up but I’ve a feeling you won’t be getting a cow Comment from : @angiecheesman3114 |
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In a fiat world, ROI will win the debate over BTC vs GOLD as a store of value This is more of a debate of a Boomers refusal to adapt and accept change, and Gen Z’s refusal to join a broken system Comment from : @toddmetzger675 |
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You can buy and sell gold more anonymously Gets my vote Comment from : @Rdott82 |
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"It's more likely gold will be around in 100 years" Yeah, duh It's an ELEMENT Comment from : @anarchic_ramblings |
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BITCOIN is the new digital ponzi 😂😂😂 blanckrock owns shitcoin Comment from : @urkodehoyos4286 |
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“Bitcoin has all the characteristics of gold, except existing” Comment from : @brazilstreets7955 |
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Peter vs Austin Powers Comment from : @Globalizmas-Keiksmazodis |
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What kind of man go by the name of breedlove??? 😅 Comment from : @Solid_Snack |
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Who CARES Comment from : @Solid_Snack |
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Too long, didn't watch Comment from : @richardf911 |
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I would argue that bitcoin is taxed, and valued just like the dollar Also, is non tangible asset Gold you can hold it, and watch the value go up just like bitcoin has copied Is there a true difference? Don't forget, you need a federally backed up bank with a credit card to buy bitcoin You do not need that for gold You can pay cash for a chuck of gold No bank needed with gold Comment from : @ozoneswiftak |
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This interview really exposed Peters poor argument Comment from : @germaine4032 |
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Peter sounds like he's realising he's arguing for something that belongs in the stone age Comment from : @germaine4032 |
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Peter does not look confident in this debate Comment from : @germaine4032 |
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Breedlove is full of his own self importance with his Bret Hart / Eradicator sunglasses Get over yourself man Comment from : @_starhelix |
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The blockchain can only compute 7 Bitcoin transactions per second, Visa is about 56000 a second, with way less electricity as at 2015 Comment from : @peterrabson3383 |
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"Bitcoin is easy to transport because you're transporting nothing" 😂 Comment from : @KungFuChess |
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Bitcoin uses more and more electricity, by fewer and fewer mining facilities BTC takes 10 minutes for transactions to be final It is an unsustainable Ponzi 1000's of other digital coins use 1/millionth of the electricity with the same benefits as Bitcoin AI and Quantum Computing may crack it Bitcoin discloses your transaction history Gold keeps privacy Environmentalists or foreign saboteurs might bomb the vulnerable facilities or cut unguarded power lines and shut BTC down to near zero Comment from : @rshaddock |
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Why do we keep doing this? Comment from : @Ironrodpower |
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1:03 gold was "used" in the past pre tech era for jewelry because it was easier to carry around that way So Gold was only really useful still as "money" brbrAs I said good only really began being useful in the tech era Comment from : @anthonyoliveira1830 |
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