Gold's Amazing Shiny Future

Learn to buy anonymous Bitcoin:
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.

In this video, I discuss the Missouri Senate's bill to make gold and silver legal tender, in the context of 21st century money and the previous failure of the gold standard.

Physical gold is a technologically backwards solution to the problem of money. Like gold, Bitcoin is a bearer asset with no counter-party risk. Unlike gold, Bitcoin is easy to move around, store, verify, divide, and hide.

The price of gold has been stagnant for over a decade, as Bitcoin continues to steal market share from it.

The younger generations have zero interest in shiny yellow rocks, but they are instinctively drawn to crypto and other tokens. My goal is to make sure that they understand the differences between "crypto" (fool's gold) and Bitcoin (the real thing).

Gold is a useful industrial commodity, but it will fall 90% when it loses its monetary premium.

Central banks like to hodl gold, but this is more for legacy reasons. Their long-term holdings of US Treasuries should demonstrate that following their investments is not a path to good returns.

If you like and understand gold, you should be doing a serious deep dive into Bitcoin, which is essentially digital gold.

Consider moving 1% of your portfolio into Bitcoin as a hedge against your own ignorance. There will be very high costs associated with missing out on the transition to a Bitcoin standard.

Not investment advice! Consult a financial advisor.

Missouri Senate trying to make gold and silver legal tender:
https://blog.tenthamendmentcenter.com...
https://twitter.com/RalphLindy1/statu...
https://www.senate.mo.gov/23info/BTS_...

Can You Actually Buy Anything With Bitcoin?

• Can You Actually ...

Map of Bitcoin merchants:
https://btcmap.org/map

Gen Z has a problem with gold:
https://www.livemint.com/money/person...

WGC aims to change the perception of Gen Z about gold jewellery:
https://www.freepressjournal.in/brand...

Peter Schiff perpetually wrong about Bitcoin:
https://pbs.twimg.com/media/EoJ-ANhXI...

Why Gold And Silver Are Much Worse Than Bitcoin:

• Why Gold And Silv...

Is Gold A Better Store Of Value Than Bitcoin?

• Is Gold A Better ...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#gold
#bitcoin
#crypto

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.