저자: CZ · 외국인
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CZ는 토큰화된 금이 금 보관 기반으로 지급 수단·분할·이전성 면에서 실물 금보다 낫다고 주장하고, 비트코인은 실물 담보 없이 신뢰에 기대는 법정화폐와 같다고 비판함. Schiff는 이에 맞서 비트코인은 실제 사용처가 없어 가치가 없다고 반박. 전체적으로 금 대 비트코인 논쟁이며, 자산 가격 방향에 대한 구체적 예측은 없음.
다듬은 글
ownership of the gold rather than the physical gold. The gold sits in a vault. Uh but the ownership can change hands and now you can use your token as a medium of exchange. And so now you have a viable monetary unit that is a store of value because it's backed by the gold that that's in the vault that you that anybody can can take delivery of.
But in the meantime, you know, you've taken gold and you've now made it more uh transportable, more divisible, more fungeible. You've improved on all of its monetary properties, but you don't lose the most important property, which is it's a store of value because it's its value is the gold uh that the token represents.
So what I'm hearing you is saying is actually the tokenized gold is actually almost better than the gold itself in in the ways that it's divisible, it's transferable, transportable, it's a medium of exchange, etc. Right. Yeah. As for money purposes, yes. Obviously, if you want to actually do something with the gold, if you're a jeweler, you can't do you have to take the token and redeem it, right?
And if you're, you know, if you're manufacturing computer chips and you need gold, you have to redeem the token. But as far as using it as money, yeah, yes, it improves on on gold, just like the old blacksmiths, right? Originally, when people had gold and they would have it stored with a blacksmith, the blacksmith would write out an IOU, a piece of paper
which could then circulate in place of gold because it was more convenient and that that was currency. And when governments started currencies, they were legitimate because they were backed by gold. So instead of um you know engaging in commerce with the gold we used paper currency but that currency derived its value from the gold that backed it up.
Now fiat currency is paper currency backed by nothing. And so there's nothing that gives it value other than faith and confidence. So tokenized gold takes that to the digital level where instead of having a paper representation of ownership, I have a digital representation and I don't have to be in the same room to hand you a piece of paper, I can transfer it.
But what Bitcoin is like, Bitcoin is like the fiat currency because it's backed by nothing, right? Whereas a tokenized gold is legitimate because it's backed by something. It derives its value from gold. Bitcoin derives its value from confidence, from faith. If people think it has value, then they're willing to buy it.
We can get to Bitcoin in a second, but I I just want to I think we actually agree on this point that the digitized gold might be actually better than gold is in a lot of ways because the the tokenized the the version on the blockchain is transferable. It's divisible. It's it's more useful, right? As long as the gold is there to back it up.
Correct. Yes. And and and so it improves on gold. that makes gold better just like paper made it better except you know once the government came in and corrupted it right then that was a problem but it wasn't a problem for gold that was just a problem with government but the um gold that's issued through a token you don't need a government you don't need a any any private you know entity that has a good reputation and is trustworthy can tokenize gold it doesn't need to be a a government that does it.
And now people can use that as money and even if there's a lot of different tokens, they're all fungeable because gold is gold. Let's talk about gold for a little bit. Um I have a magic box. If um we can get that up up to stage. Yeah, Tinting, come over. Today is actually the first time meeting Tinting.
Tinting is actually a K for Aster, please. Yeah. Thank you. Thank you for It's pretty heavy. Oh, so u I have a nice box here. What is that? It has um some um I think it's Kirk Kirk Kirkus language. Took it back from Kyrgyzstan. He has a gift certificate. I I got it I got this from a very important person from um uh Kyrkystan.
Uhhuh. Very recently just completely by luck. So we take it out. It's pretty heavy. Um put this down. You can see it says um Ky stand 1,000 g fine gold 99.9 and a serial number. Try it. Yes. Yeah, it's heavy. Is it real gold or no? Well, I don't know. I mean, I you know, I mean, is this what you're TRYING TO I MEAN,
LET'S SEE HOW IT LOOKS. WELL, you know, the color is a little This is pure gold. My bracelet is pure gold, so the color looks a little off. Yeah, you know, but you know, I don't know. I mean, probably, you know, maybe it's not real gold. It's given to me by a really important person. Well, I know, but this is not a mint that I would recognize.
I mean, the the thing about mints is if you know the name of the company that minted it and you trust them because [clears throat] they have a reputation in the market that they want to protect. But this I mean, I've never I've never heard of any of this. So, I would have to I would have to probably assay it to know if this is real gold.
But it the color looks a little off compared to my bracelet cuz this Huh. It might be on wrestlers that's I don't know. So, it depends. Are you giving it to me? I I see. Is it a gift? This is the thing. I I wouldn't because if you're if you're if it's a gift, then I know it's If you're not going to give it to me, it's gold.
If it's a gift, then maybe it's How much is this worth? Like one one kg of gold right now. Well, gold's about $4,200 an ounce. So, so that I mean that would that would probably be $50,000. I don't do the math, but I mean it seems like a lot of gold if it was real. I told me it's like a 130,000ish. Oh, yeah.
130kish. Right or wrong? No. Well, gold is, as I said, it's about $4,200 an ounce. What is that? A It's 1 kg. So, I don't know. A kilogram. How many ounces a kilogram? 32. Huh? 132k. All right. See, so I would want to give you I don't So it's 130. I don't want to give the whole piece. I can give a little bit, but I can't like
Well, that's why that's why you tokenize it and you can give me half of it. But they also make, you know, we sell it by company Shift Gold. We sell 10 ounce gold coins, right? You know, you can you can have small denomination and we sell them in by reputable mints. So you know that they're real. You don't have to you don't have to guess.
You don't have to try to assay it. You look at the coin and you know you can tell if it's been you know monkey with but you know see I want to give it to you but I don't know if you can take it out of the country. I'm sure I can. But how many days are you staying? You know what? No one's I can put that in my in my in my bag.
No one's going to care. You sure? Yeah. This country can some countries will put you in jail for for carrying that. Yeah. For depends if you declare it or not etc. where you got it, huh? Where you got it from? All the stuff. Well, if I if I tell him I got it from you, what do you mean? You probably mean be even bigger trouble.
Huh? But it is real gold. It is given to me by the president of Kersland. So, I do I have not Well, you probably have some sentimental value now. So, you don't want to give it to me. Uh especially after this, you have sentimental value, but we'll see. So, but the point is though uh we if I give you Bitcoin right now, right, you can I can ver we can verify instantly you got Bitcoin in a number of ways.
Yeah, I understand that. Yeah. Right. And also even with digit even with a tokenized gold, right? So if you send it to someone you you you can verify almost immediately. Yeah. The same same with tokenized gold. Yes. So now I want to address your question about gold. Oh, Bitcoin not based on anything.
Um do you use the iPhone or so? I have an iPhone. Yeah. Right here. You don't use Android, right? No, I have a iPhone. And you use the internet obviously. So you use X, Google, Facebook, etc. Um and uh Google is virtual, right? Excuse me. Every the internet is virtual. The internet has like nothing physical.
Yes. Yes, it is. Yeah. So um when you use X, X is completely virtual. There's nothing physical about it. But X is worth a lot of money, right? It it has value. It's a utility tool, right? So internet has value, right? Yes. Yeah. There's no disputing that. So, Bitcoin itself actually doesn't exist. I don't know if you if you if everybody in the audience knows about this or not.
There's no Bitcoin on the blockchain physically or virtually. All all there is is records of transactions on the blockchain. Yes. Right. So, when when people say I send you one bitcoin, they are not sending one bitcoin. They just one one another transaction on the ledger said I send you one. Right. Nothing actually moves.
There's nothing that actually goes anywhere. I I get that. And the way we calculate the way we figure out this address has one bitcoin is actually we go through all the transaction on the blockchain. We look at all the inputs and all the receiving and all the all all the sending out and then if there's a difference positive then you know this address has one blockchain or one bitcoin right so bitcoin actually doesn't exist anywhere but it doesn't mean that because it's virtual it has no value right so google has a lot of value has a lot of value um and when we when uh uh uh there's many virtual things that has value so a a per a item's value doesn't is not associated with its physical property Even even with gold right the industrial like computer chips which use gold the value of gold is much less than the value of the gold we give because it's a rare commodity uh precious pre precious metal right
yeah well first of all just because something is intangible right I mean there are tangible assets there's intangible assets I'm not saying that something has to be tangible to have value I mean all companies I mean your company probably has goodwill that you know that's that has value but it's not something you can touch or feel uh it's an intangible asset.
Um and what makes Bitcoin worthless as far as I'm concerned is not the fact that I can't touch it or taste it or smell it. You know, it recognize that things can be intangible and have value. It's that you don't you can't do anything with it. It it doesn't have a utility beyond the fact that yes, I can transfer it to you and you can transfer it to somebody else.
and the the whole methodology, the way it works, yes, it's it's very uh uh uh smart. Uh the way the whole system is set up, I understand that. But at the end of the day, when I transfer my Bitcoin to you, I've transferred nothing. I have nothing. I give you nothing. Right? When I transfer tokenized gold to you, I've transferred gold.
I've transferred the ownership of the gold. And what gives the gold the value is what you do with
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