Premium Only Content

Bitcoin Will Act as Shadow Central Bank, Fiat Collapse Could Be Overnight – Bill Barhydt
In an eye-opening interview at Consensus 2024 in Austin, Texas, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, speaks with Bill Barhydt, Founder and CEO of Abra. Barhydt forecasts that Bitcoin will emerge as the shadow central bank as the fiat system unravels. He predicts that more sovereign nations and companies will start holding Bitcoin as a reserve asset, warning that 50-75 non-U.S.-dollar-backed or non-euro-backed currencies are at risk of failing within the next 25 years. Describing international currencies as a "ticking time bomb," Barhydt cautions that the collapse of the fiat system could occur overnight. Tune in for Barhydt’s insights on the transformative role of Bitcoin and the future of global currencies. Special coverage of Consensus is brought to you by Diamond Standard → https://bit.ly/DiamondStandardKitco
Follow Michelle Makori on X: @MichelleMakori (https://x.com/MichelleMakori)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Bill Barhydt on X: @billbarX (https://x.com/billbarx)
00:00 Coming Up
00:44 Intro: Roles of Bitcoin, Ethereum & Solana in the Future of Finance
02:18 Bitcoin
08:42 Adoption
12:39 Bitcoin and the Future of Global Currencies
27:46 Public Companies & Bitcoin Holdings
31:11 Sovereign Nations and Bitcoin
32:04 Currency Failures
38:40 Stablecoins
41:34 Ether & Tokenization of Traditional Finance
47:31 Solana & Retail Transactions
56:46 Abra’s Role in the Crypto Market
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com
Stay connected:
Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
-
35:32
Kitco NEWS
9 days agoGold, Dollar & Copper Pivot: Central Banks Hoard Bullion, Miners Chase Copper | Frank Giustra
69 -
Chris From The 740
1 hour agoI Didn’t Expect to Like This Fan So Much – Ogery F11 Review!
3 -
8:11
Millionaire Mentor
15 hours agoJohn James SHUTS DOWN AOC With One BRUTAL Sentence
3.55K15 -
31:34
Friday Beers
14 hours ago $1.84 earnedOur Horrifying Night Drunk Ghost Hunting the Manson Murders
34.1K6 -
4:09
Blackstone Griddles
13 hours agoEndless Summer Smashburgers on the Blackstone Griddle
6.98K2 -
LIVE
BEK TV
23 hours agoTrent Loos in the Morning 7/24/2025
257 watching -
7:02
China Uncensored
15 hours agoWell, I Guess Now We Know...
9.63K20 -
46:10
Members Club
18 hours ago $0.65 earnedThe WNBA Has Demands, TSA Loosens Up, and NYC Has a Whale Whisperer - MC04
8.36K3 -
1:35:15
Man in America
14 hours ago🚨 ALERT: Hospitals in the U.S. Are KILLING Patients… for Their Organs!
81.6K38 -
8:00
DropItLikeItsScott
15 hours ago $0.74 earnedIs This The BEST SIG P365? SIG P365 FUSE
7.27K