Dope Tech Episode 2

<<@williamanthony915 says : 1:13:00>> <<@h204haiti says : Phenomenal video. Two absolute geniuses. People who ignore what’s coming will regret it. Even if you can afford an oz of silver s week or month, you will be glad you did.>> <<@colinsanders5522 says : This aged like a fine wine>> <<@johnfontenot7861 says : Peter speaks so much truth! Every American citizen shud listen to this.>> <<@majidabdi9743 says : A lot of good points alongside some mistakes. For starters, prices cannot go down because producer is paid afer paying for factors of production. Lower prices: more payment for factors while receiving less revenue from sales => loss. Prices need to remain flat or go up slightly to encourage production.>> <<@BruceMcLaren-c4f says : All empires decline - Rome 500 yrs, UK 200 yrs , USA. 250 yrs ?>> <<@jsbrads1 says : You can release a goblin in a pit and use your archers to practice shooting from an overhang. 😅 no geneva convention>> <<@jsbrads1 says : He probably has bunches of stuff from the human caravan he doesn’t need, the dwarven caravan might accept that at value>> <<@Leifler says : Bitcoin is subject to inflation. It was 100% of the crypto market once. It is now about 60%. That means all the money in the other cryptos is equal to printing more bitcoin. If it wasn't subject to inflation, BTC would be 40% higher than it is. Any other crypto runs the risk of takinf away the purchasing power of BTC.>> <<@johnnysprocketz says : Run it back in 2025>> <<@superstar5123 says : great video>> <<@snickerdoodle1 says : Q: What is Gold? A: The asset of affluence. Q: What is Cryptocurrency? A: The asset of desperation.>> <<@FornicateCircumEtReveles says : 6 states in America allow the goldback as legal tender. 1 goldback is 1 1/1000 oz it a little bigger than a dollar and feels more laminated or plastic like. Currently 1 goldback is roughly $5 They make 1/2 one two five 10 25 50 100 “bills” Any remainder is paid in cash>> <<@george.carlin says : Peter, below is a help from AI to you, so you don't make these mistakes in the future. The value of Bitcoin is way higher than the value of gold for a safe quick transfer. when I ask you to transfer 100.000 dollars from US to Sri Lanka in 20 minutes. Mind you VERY SAFELY. You can't do it with gold. It will take days or weeks and you will be either robbed or pay a chunk of that amount for protection during the transition. 🔑 Value" represents the perceived worth or benefit a customer gets from a product or service, while "price" is the actual monetary amount paid for that product or service; essentially, value is subjective and based on individual perception, whereas price is a fixed, tangible number set by the seller.>> <<@7966016 says : Most things, as in real estate that are worth buying, are in bubble territory, so Im assuming thus doesn't apply!>> <<@Blandmates says : Kinesis money. They've been doing it for a few years, they are competitors to btc, they have a coin thats backed by 1 gram of gold and a second backed by an Oz of silver. You can trade for $$, €, £ etc. Its an exchange with the gold and silver coins as its native tokens. Pretty sure they just made functional debt cards too>> <<@Blandmates says : If your money becomes scarce with time its bad at day to day transactions. People hodl.>> <<@conway2121 says : What we do is go right back to gold we never ever should have let them give us fake money.>> <<@corvetteguy2629 says : This must be serious Peter got a suit on ,God bless this man and his family Peter for finance minister.Amen 🎉.....>> <<@alfredrivera6762 says : Question to ask Mr Schiff if he were President of the USA hypothetically speaking what would be the ideal scenario to reverse America 🇺🇸 to a more stable secure financial system. What would need to happen so that the economy can grow and survive.>> <<@alfredrivera6762 says : What does Mr Peter’s think about tariffs.>> <<@alfredrivera6762 says : Trump is not a politician a true business man and I guess that makes America great again.>> <<@Jones99x says : interview Ron Paul next>> <<@PeteGeorge-h6b says : all these comments are one year old. gold was $2000 oz. if you bought then you would have made $700. In the last year people have made fortunes in the stock market. a minority of those investors bought gold or silver with their profits. Are the majority staying too long at the party and risking huge loses when the bubble pops?>> <<@carlmorneau1149 says : 6:37 He talks about pierre poilievre . We shouldnt believe him at all . He say what we want to ear like every other>> <<@ggamer7830 says : What does he mean exactly by ‘BTC is too expensive to be used as a medium of exchange?’>> <<@leslielandberg5620 says : I respect that you have such a great variety of guests here, but this guy just doesn’t know what he’s talking about and he’s making a fool of himself😂. When he stays in his lane and talks about Fiat currencies and the value of gold, he’s on solid ground but when he starts pouting these half baked neoliberal ideas about the economy and the free market well, let’s just say that an astute six-year-old could pick it apart.>> <<@mikepepper8395 says : This aged poorly for Adam in regards to BTC. He actually proved the flaw in his thinking at the one hour mark.>> <<@davidturkoski8764 says : Canada sold all ours in 2017>> <<@davidturkoski8764 says : China has been buying gold . Russia has as well . Bric s will be partially backing it>> <<@chadwolf3840 says : Tokenized gold is not a solution because of storage costs…over time you’d own less and less gold with a token. That’s one of the beauties of bitcoin.>> <<@chadwolf3840 says : Schiff’s a smart guy. Shame he’s so pot committed to gold. He’d be a great Bitcoin advocate if he could be honest.>> <<@bleuflamenco says : Peter Schiff: "Fiat is crap, etc" Also Peter Schiff: "This sole solution to the problems of fiat, Bitcoin, is crap.">> <<@bleuflamenco says : Bitcoin WILL go up, because the supply of fiat will increase while the supply of Bitcoin is limited. It's not greater fool theory. Perhaps that's why some uneducated people buy Bitcoin. I want to store my wealth, and the US dollar is not a viable way to do that. And gold isn't as frictionless as he claims it is.>> <<@bleuflamenco says : What Schiff gets wrong about Bitcoin is that, if you are an intelligent Bitcoin investor, you are not putting your "faith" in Bitcoin. You have done the research and know what you're getting. The only faith required is faith in governments, particularly the US government, to keep printing fiat.>> <<@bleuflamenco says : I'm gonna have to call BS on Schiff's claim that gold is the most useful metal. I'd have to say that aluminum is the most useful metal.>> <<@bleuflamenco says : JP: "No one is going to trust the Chinese currency" Well, buddy, some countries will. Because they won't have their dollars stolen, like Biden did to Russia.>> <<@bleuflamenco says : Usually I watch Jordan Peterson videos and learn insights from him. For this one, I've been familiar with every single thing Peter Schiff is saying, for 25 years. And I'm quite a bit younger than Peterson. It's like watching a wise old man being reduced to a little kid. Probably speaks to the larger problem of financial illiteracy.>> <<@lorenzofracasso-w6w says : BTW, gold has barely kept pace with inflation. Several other asset classes done better than gold over the past 30 years.>> <<@lorenzofracasso-w6w says : Bitcoin now over 100 000$ . Govts embracing it, as is wall street, institutions, states, sovereign wealth funds, etc. Gold is good, infact great pre 2010. Gold was the only way. For the digital, modern age, cryptos, specifically btc will over take Gold and every other form of money. Because money is fundamentally a ledger. And btc is the most perfect ledger we have ever had.>> <<@matthewkingston8931 says : When Shiff spoke about a potential crypto backed by gold he's predicting what Bitcoin actually does without a third party. Bitcoin is now at 100k and eventually every country's goods will be priced in Bitcoin and Shiff will be begging for Bitcoin in the future.>> <<@HappyTrails50 says : Technology and infrastructure should have reduced the price of goods significantly decade after decade. Same with energy. Maybe our forefathers knew the wizards behind central bank curtain and therefore stated in constitution what money is, a money that can’t be controlled or printed. This is the chains and narrative that has us where we are today.>> <<@bdanxonix says : INFLATION word should be replaced with : GRAND THEFT And this two morons are part of it... because they both are rich as fak... and they produce zero value goods in this world !>> <<@root.li.23 says : Amazing interview>> <<@christophermarston6657 says : 1:21:26 HE PROPHETICALLY REFERS TO STELLAR CRYPTOCURRENCY BY NAME WHEN DESCRIBING IT! We are living in exciting times.>> <<@nightshiftblues says : I don’t necessarily agree with gold being the best asset to hold on the sidelines - I believe that to be a diversified money market fund - BUT this is an incredible conversation. (I would possibly agree with the gold tactic but I think for the next 5/10 years the price of gold will be tamed because crypto is fashionable. Conversely I believe crypto - in its current forms - is a house of cards).>> <<@Contextualizi says : The amount of education embedded in accurately defining words, now I feel confident enough to say I know what is inflation to make an informed decision about it after 40 hearing the word😢>> <<@lsim933 says : Where is the crisis tho ??? Can call crisis for 40 years until it happens 😂>> <<@britishgass6947 says : They are not good liars at all, they have just got very comfortable with blatantly lying to our faces because there are never any consequences for them>> <<@CameronsCandorOriginal says : This is the BEST explanation 👏 also explains why Crypto is a pump and dump SCAM>>