Peter Schiff and I debate Bitcoin vs Gold: What is inflation? What is Fiat Currency? What properties does the free market select for in a money? How do Bitcoin and Gold stack up along the monetary properties of divisibility, durability, recognizability, portability, and scarcity? Where will Bitcoin and Gold be 100 years from now? Which money should you use in the digital age?
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// OUTLINE //
0:00 - WiM Intro
1:06 - What is Inflation?
6:42 - What is Fiat Currency?
16:46 - What Properties do you want in Money?
18:56 - Divisibility: Bitcoin vs Gold
27:23 - Durability and Recognizability: Bitcoin vs Gold
32:59 - The Farm at Okefenokee
34:26 - Heart and Soil Supplements
35:26 - Helping Lightning Startups with In Wolf's Clothing
36:18 - Portability: Bitcoin vs Gold
46:40 - Scarcity: Bitcoin vs Gold
56:41 - 100 Years from Now: Bitcoin vs Gold
1:04:16 - Tuttle Twins: Teaching Kids Critical Thinking
1:05:33 - Mind Lab Pro
1:06:43 - 100 years from now: Bitcoin vs Gold
1:08:55 - Store of Value: Bitcoin vs Gold
1:19:56 - Unit of Account: Bitcoin vs Gold
1:27:17 - Emerge Dynamics
1:28:20 - Art of Alpha Retreat
1:29:34 - Medium of Exchange: Bitcoin vs Gold
1:34:42 - Can We Make a Better Bitcoin?
1:43:56 - Would Anything Change Peter’s Mind about Bitcoin?
1:47:46 - Closing Thoughts on Gold vs Bitcoin
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