Chapter
Bitcoin's Opportunity to Replace Gold
36:12 - 45:26 (09:14)
With central bankers making fiat money questionable, gold and Bitcoin seem to have the wind behind them, and as long as Jay Powell keeps acting as he has, Bitcoin has the potential to replace nine trillion in gold. Additionally, during Bitcoin's drop from 17,000 to 3,000, 86% of people who owned it at 17,000 never sold it.
Clips
The conversation centers around whether Bitcoin can replace the nine trillion dollar market of gold, and the speaker recounts their initial skepticism towards cryptocurrency before its massive surge in value.
36:12 - 38:07 (01:55)
Summary
The conversation centers around whether Bitcoin can replace the nine trillion dollar market of gold, and the speaker recounts their initial skepticism towards cryptocurrency before its massive surge in value.
ChapterBitcoin's Opportunity to Replace Gold
EpisodeStanley Druckenmiller on What Makes a Great Investor, Bitcoin & His Biggest Trades
PodcastMy First Million
Robert Kiyosaki highlights that central bankers going crazy and making fiat money questionable, made him invest in Bitcoin.
38:07 - 40:18 (02:11)
Summary
Robert Kiyosaki highlights that central bankers going crazy and making fiat money questionable, made him invest in Bitcoin.
ChapterBitcoin's Opportunity to Replace Gold
EpisodeStanley Druckenmiller on What Makes a Great Investor, Bitcoin & His Biggest Trades
PodcastMy First Million
The speaker discusses whether Bitcoin will continue to be a strong digital gold store of value, as well as potential developments that could impact its future in the market.
40:18 - 43:28 (03:09)
Summary
The speaker discusses whether Bitcoin will continue to be a strong digital gold store of value, as well as potential developments that could impact its future in the market.
ChapterBitcoin's Opportunity to Replace Gold
EpisodeStanley Druckenmiller on What Makes a Great Investor, Bitcoin & His Biggest Trades
PodcastMy First Million
The actions of Jay Powell are causing an increase in Bitcoin and high beta gold.
43:28 - 45:26 (01:58)
Summary
The actions of Jay Powell are causing an increase in Bitcoin and high beta gold. While the speaker would not advise shorting it, they do compare it to going to Vegas for the high action.