(Sorry Mike. Loved your videos. The theory's perfect, you just identified the wrong asset.
Sorry guys but you don't get it. Bitcoin will not be used the way you imagine. Bitcoin will not be used directly as money between merchants and consumers. Different tokens based on bitcoin and backed by bitcoin will be used in competing payment systems where moving bitcoin on the blockchain will be the settlement layer. Gold will always be the ultimate money. The only but very important advantage of bitcoin compared to gold is that bitcoin is cheaper to audit and provide proof of reserves.
Whoaza Becoin. Did someone, such as Aztec Miner, take over your account to proclaim the supposed superior value of PMs?
We don't know all the ways that cryptos are going to evolve in the future in order to assess which asset class is going to be preferred; however, it seems a bit much to be suggesting that gold is the best and is going to continue to be the best because it has always been the best....
The fact of the matter is that bitcoin is likely a game changer, but we don't know how long it is going to take to play out - and in that regard, it could take a long time before we know how bitcoin is going to play out or if could possibly get stuffed into obscurity (which seems a bit doubtful, at this point).