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raw beef
Kitco NEWS
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Comments by "raw beef" (@-whackd) on "Kitco NEWS" channel.
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War on a decentralized system of computers
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Why is this guy invited back after his interview on Bitcoin in El Salvador was completely wrong?
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Trump did not go to nuclear war with Russia over the Crimea. In fact, he was the least murderous American president in my lifetime--he invaded the least countries.
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That prof was badass. He's a straight up capitalist
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No, but Bitcoin or any other cryptocurrency will be easy, just memorize your seed phrase.
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How will they make people stop using them
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Tesla wants to buy bitcoin instead of silver because bitcoin outperforms silver
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I would add a second passport and a small farm in Ecuador or Paraguay
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@marcthesilvershark Nope, government will confiscate it.
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Last few times he was on here, he claimed adopting Bitcoin would destroy El Salvador. He's a loopty loo and not held accountable for any of his stupid predictions.
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@bycracky22 All of those have been confiscated, including gold. Cash gets inflated away and with real estate they can raise property taxes and capital gains, and you can't take it across borders with you.
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Tesla will just buy more bitcoin next time because they will see bitcoin outperforming gold and not want to lose out on money.
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You shoulda put your usd savings into bitcoin
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How do I order from my Chinese manufacturer with gold and silver which you call "real money"? I think it will be faster and easier to use Bitcoin. Gold and silver get stolen by governments. They are not censorship resistant.
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Spoken by someone who knows zero about crypto. Man, why don't you speak AFTER you've researched something? Lmao
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You can't stake bitcoins on the Bitcoin network. Bitcoin has miners.
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I feel like the current global reserve currency, US dollars, are actually more problematic than using the Bitcoin network for a global settlements layer and bitcoins as a base currency.
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@tapia4g63 That's because he was calling for a 2007 economic collapse, a 2008 economic collapse, a 2009 economic collapse... He's always predicting economic collapse. He was also predicitng the product that he sells (gold) will go up. Every year, every video, same prediction.
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Peter Schiff is coping right now for not buying bitcoin years ago
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So he's saying that Bitcoin will outperform gold and silver, but gold and silver are "God's money." Okay. I'm gonna buy the thing that performs the best.
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Max Keiser is still too techno-illiterate to understand why crypto currencies won't be "backed" by vaults full of money or metals. The whole reason to use crypto is because it is decentralized.
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People who talk about Cbdc's can't even explain how they work. In fact, if you lead the latest Federal Reserve report on Cbdc's, they completely omit any mention of how it would be implementable. They also said they would only go through with Cbdc's if the house passed a bill to do so. They are too conservative to push something on the entire American population because they would get blamed if it fails.
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Looool imagine respecting this man for his shit brains. How does he get an interview as an economist not knowing that Strike (with zero percent fees) will be doing all the currency exchange for El Salvadorians?
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@strange-universe F the gov't bro
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I'm losing faith in national currencies so I'm buying digital, decentralized currencies that governments can't censor.
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How will they do that lol
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Oh great you got that mental lunatic Steve Hanke on and didn't press him about his rediculous claims that Bitcoin would destroy El Salvador
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So inflation doesn't affect the crypto markets at all? And Bitcoin halving affects the entire crypto market, which Bitcoin is less than half?
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Ransom ware hackers steal a few million while Biden and politicians steal trillions from us, and we are worried about this shit?
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Schiff has been saying Bitcoin is going to zero since 2014. That is literally the worst prediction in history, especially given that it's gone up hundreds of thousands of percentage points since then. Worst call in history from a broken clock who doesn't understand tech
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Shame on the Cato Institute for previously hiring this nut job lunatic
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We are people who like to earn money with correct calls
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He doesn't sell theta
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@Zen36977 Make torrents illegal, now torrents don't work and nobody uses them. Right?
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It was never even a remote possibility. Steve Hanke is a delusional old man with dementia and he is only invited on this show to make Bitcoin's critics look like lunatics.
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He is also wrong and a liar. He said he'd quit his job if the crash doesn't come in 2023. If you listen to him, you'll lose money.
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@BatmanBoss The US government can confiscate and tax gold much more easily than Bitcoin.
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@RB-ow7mt I wouldn't use a car because idiots have been using horses for thousands of years. Horses have stood the test of time.
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Who the heck is using precious metals as currency? Much easier to use Bitcoin
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@dman9416 he will be, one day...
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This is not an expert. It's a guy with torrettes who wrote an article on Seeking Alpha. And you're watching YouTube waiting for "experts."
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Tesla will release full self driving in a major country by 2024 and it will cause a sharp drop in oil prices that will never really recover.
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@mariai9549 The miners are doing that
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Ah, Greenspan quotes before he sold his soul. Quite eloquent.
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I already use Bitcoin as money
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