One interesting argument I've been following is by Peter Schiff who is permbull on gold and quite pessimistic on bitcoin is that you can fork bitcoin and therefore we can't talk about limited supply.
But it wouldn't be Bitcoin, I get it. It would be Bitcoin2 or whatever. However the properties would be the same the only thing it doesn't have is the trust and network right.
But it wouldn't be Bitcoin, I get it. It would be Bitcoin2 or whatever. However the properties would be the same the only thing it doesn't have is the trust and network right.
https://www.youtube.com/watch?v=NSQVVHyvOZU
https://www.youtube.com/watch?v=bE15s_v_UWw
https://www.youtube.com/watch?v=h_Z-gFR2oEA
https://www.youtube.com/watch?v=TrNipeP4HvQ
https://www.youtube.com/watch?v=DcG2uACfhSg
When I was a kid watching married with children, Roseanne or Southpark and shows like that, I would see about 20-50 of these commercials a day. I wonder why they want to go back to gold standard, THEY OWN IT ALL.
Guess what happens when we go back to gold, watch the video at the start of this post, not to mention using a resource we need to make computers and electronics and stuff to go to space as your currency is not the brightest.
A year earlier, in 1933, Executive Order 6102 had made it a criminal offense for U.S. citizens to own or trade gold anywhere in the world, with exceptions for some jewelry and collector's coins. ... By 1975 Americans could again freely own and trade gold.
Yah let`s go back to gold Peter Chiff!
