Patrick Bet-David debates Peter Schiff on crypto w/ Dan Bongino

Fox News, Released on 6/18/22

Patrick Bet-David is an American entrepreneur and financial advisor. He runs the popular YouTube channel Valuetainment.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

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Igby MacDavitt

Bet-David is hoping a couple years delay will resurrect the cryptos. Seems to me Russia and the BRICS, which comprise the vast majority of the population, will force the Western – NATO club into a gold-anchored, commodities based currency just to survive.

Igby MacDavitt

Thanks, and I had not read the article. The Bitcoin-blockchain technology reminds me of the invention of the wheel. Yes, super useful but you must do something with it. Merely owning a duplicatable ‘wheel’ doesn’t take you too far down the road — it has to be attached to something more to derive value: (Bitcoin blockchain + Gold) is akin to (wheel + bicycle frame).