Nordseemigrant on Nostr: Among others, Peter Schiff claims that #Bitcoin cannot be the new #Gold for ...
Among others, Peter Schiff claims that #Bitcoin cannot be the new #Gold for investment, simply because - unlike gold - it has no use in any industry. This is wrong. Not in the manufacturing industry, but in the financial industry.
On the one hand, #Bitcoin allows the circumvention of monetary #deplatforming, which states are increasingly using against their citizens.
And it enables states to participate in international financial transactions, from which they are intended to be excluded by Western hegemony.
Published at
2024-10-24 03:36:14Event JSON
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"content": "Among others, Peter Schiff claims that #Bitcoin cannot be the new #Gold for investment, simply because - unlike gold - it has no use in any industry. This is wrong. Not in the manufacturing industry, but in the financial industry.\n\nOn the one hand, #Bitcoin allows the circumvention of monetary #deplatforming, which states are increasingly using against their citizens.\n\nAnd it enables states to participate in international financial transactions, from which they are intended to be excluded by Western hegemony.\n\n",
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