Ep. 87 Saifedean Ammous/Malot - Bitcoin standard versus precious metals gold & silver

France Liberté

Pour vous procurer "Le Suicide monétaire" : https://bit.ly/3ZOQZND Interview with Saifedean Ammous, economist and Independent scholar https://saifedean.com/ Canal du livre: https://www.t.me/lesuicidemonetaire Rejoignez maintenant le canal France Liberté : https://t.me/franceliberte Inscrivez-vous à la notification de nouveaux interviews ici: https://franceliberte.tv/inscription/ THINKER KEY POINTS 1. Bitcoin is not adequate for large transactions you cannot use it in daily life 2. Bitcoin and precious metals are BOTH an answer to fiat fraudulent money 3. Bitcoin has no trackrecord whereas precious metals have had one for thousands of years 4. Bitcoin has no intrinsic value and is very volatile 5. Bitcoin has market value due of its convertilility on centralized exchanges. This convertibility could be stopped by authorities or international orders through UN, GATT, IMF or other agreements 6. Bitcoin is all about code programming, quantum technology could crack its code 7. Biggest threat to bitcoin is the end of precious metals price manipulation 8. If precious metals win the war against fiat money, Bitcoin value will drop significantly 9. Bitcoin should be viewed as a portfolio asset allocation but not as a panacea 10. Only one country with sufficient clout can force all others to return to the gold and silver standard: precious metals inspire confidence and attract capital 11. In times of severe economic or geological crisis (natural disasters, earth quakes, all-out war) only precious metals have usefullness 12. Bitcoin cannot protect us from tyranny whereas precious metals can by stopping fraudulent debt and fiat central banking