Chapter
Gold's decline during financial crisis while Bitcoin and other digital assets gain traction
While historically gold has been a safe haven during times of financial crisis, it has been struggling during the COVID-19 pandemic. Meanwhile, Bitcoin and other digital assets are gaining traction among not only retail investors but also financial institutions and corporations.
Clips
The younger generation is beginning to understand the importance of gold as a store of value amidst the narrative-driven world we live in, where central banks continue to be net buyers of the precious metal.
55:09 - 57:05 (01:55)
Summary
The younger generation is beginning to understand the importance of gold as a store of value amidst the narrative-driven world we live in, where central banks continue to be net buyers of the precious metal.
ChapterGold's decline during financial crisis while Bitcoin and other digital assets gain traction
Episode#171 – Anthony Pompliano: Bitcoin
PodcastLex Fridman Podcast
As the non-monetary demand for gold continues to fall, an increasing number of retail investors, financial institutions, corporations, and pension funds are investing in digital sound money, such as cryptocurrencies like Bitcoin, leading to a massive influx in these digital assets.
57:05 - 59:35 (02:30)
Summary
As the non-monetary demand for gold continues to fall, an increasing number of retail investors, financial institutions, corporations, and pension funds are investing in digital sound money, such as cryptocurrencies like Bitcoin, leading to a massive influx in these digital assets.
ChapterGold's decline during financial crisis while Bitcoin and other digital assets gain traction
Episode#171 – Anthony Pompliano: Bitcoin
PodcastLex Fridman Podcast
The speaker believes that scarcity intensifies the value of interactions, meals, and experiences, and considers it a signal of value, whether it be for things like sneakers or in relationships.
59:36 - 1:01:34 (01:58)
Summary
The speaker believes that scarcity intensifies the value of interactions, meals, and experiences, and considers it a signal of value, whether it be for things like sneakers or in relationships.