π΅ Gold vs Bitcoin: Strengths of Gold & Silver β PAXOS Gold, PAXG ERC-20 Token for Real Goldβ Ep. #2 https://youtu.be/XDFeh7Td_5U YouTube link: https://youtu.be/XDFeh7Td_5U β Timestamps and Topics: 01:13 Gold and silver strengths 02:43 Black swan events 03:39 Comparing gold/silver and bitcoin/cryptocurrencies 05:24 Bullion premiums (markups on gold/silver) 10:17 What is PAXOS Gold (PAXG)? 15:13 Gold $7T market cap (5000 years) versus Bitcoin $128B market cap (10 years). β Strengths of Bitcoin & Silver To play Devilβs advocate, here are some of Gold and Silverβs strengths when compared with Bitcoin and Crypto: 1.) Gold/Silver is vastly superior to fiat, which is inflationary and debt-based. Bitcoin is even more superior in this regard. 2.) Gold/Silver is currently less volatile than Bitcoin and cryptocurrencies. However, as the crypto market cap grows its volatility will also reduce, but it is true that currently gold & silver are less volatile than crypto. 3.) Gold/Silver has a longer history of confidence (thousands of years). But in time, truly disruptive technology (such as Bitcoin) always outdates its predecessors. EXAMPLES: email vs letter, car vs horse & buggy, cell phone vs landline, Uber vs taxis, flat screen TV vs CRT, Bitcoin vs Gold, etc. - - - - - - - - - Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only. #bitcoin #btc #gold #silver #paxg #paxosgold #paxos #paxgold #crypto #cryptocurrency #news #blockchain CREDIT: Subscribe Button by MrNumber112 https:// youtu . be/Fps5vWgKdl0 - - - - - - - - - β‘ ColinTalksCrypto.com β‘ π EOS donation address/account name: colintcrypto π Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0 π Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t π Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF π YouTube: http://www.youtube.com/ColinTalksCrypto π Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto) π Facebook: http://fb.me/ColinTalksCryptocurrency π Instagram: https://www.instagram.com/colintalkscrypto/ π Steemit: https://steemit.com/@colintalkscrypto π Uptrennd channel: https://www.uptrennd.com/user/colintalkscrypto π BitChute channel: https://www.bitchute.com/channel/colintalkscrypto/ π D.Tube channel: https://d.tube/#!/c/colintalkscrypto π 3Speak channel: https://3speak.online/user/colintalkscrypto π BitTubers channel: https://bittubers.com/profile/ColinTalksCrypto π LBRY.TV channel: https://lbry.tv/@colintalkscrypto π Read.Cash channel: https://read.cash/@ColinTalksCrypto π SteemPeak channel: https://steempeak.com/@colintalkscrypto π PeakD channel: https://peakd.com/@colintalkscrypto T-shirts and swag: https://teespring.com/stores/colin-talks-crypto
Log in to join in Reading is open to everyone. Replying needs an account.
No comments yet