저자: RaoulPal · 외국인
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Raoul Pal은 비트코인이 14년간 역대 최고 수익 자산이며 4번의 사이클에서 90% 하락을 겪고도 여전히 최고 성과라고 주장. 최근 한 달 46.9%, 1년 200% 이상 상승을 근거로 강세장이 남아 있다고 봄. Peter Schiff은 비트코인에 가치가 없어 0으로 수렴할 것이라 주장하나 과거 예측이 빗나갔다고 반박. 자막상 Pal의 비트코인 중기 강세 전망이 핵심이며, 금 대비 우위와 ETF 자금 유입도 언급됨.
다듬은 글
this is the best performing asset the world has ever seen it is up 6 million per. since we first put it on real Vision in 2013 2014 it's up 380,000 wow Peter Bitcoin is up 40% in the last few weeks so obviously everything looks like a valley when you're up on this hill question is has Bitcoin performed very well over its time lifetime the answer is provably mathematically yes that's okay doesn't mean you have to like it doesn't mean you have to like it but it's provenly gone up more than any other asset it's been around 14 years we've gone through four Cycles where it's gone down 90% and it still is the best performing asset the cryptocurrency market is poised for an extraordinary Bull Run showing signs of making history in just the past month Bitcoin has soared by over $23,000 Market a remarkable 46.9 1% increase in just 30 days and over 200% in the past year in comparison the S&P 500 has seen a modest 34% increase over the past year while gold has experienced an impressive 11.32% rise despite all three assets reaching all-time highs Bitcoin stands out as a clear winner with several months remaining in the bull market to further widen the Gap this success continues to frustrate Bitcoin critics who are left scrambling cycle after cycle as the leading cryptocurrency consist stantly defies their expectations one such critic is Peter Schiff a prominent advocate for gold despite being a long-standing skeptic of Bitcoin shiff has been rattled by the success of Bitcoin edfs which have seen massive inflows while gold edfs experience outflows shift's outdated and ill-informed arguments against Bitcoin are evident driven more by jealousy and bitterness than genuine ignorance a debate between shiff and real Vision CEO comma R pal further highlights this Clash of ideologies while shift's initial bitterness may be off-putting Pal's insightful rebuttal makes the debate a worthwhile watch the full three our debate is available for viewing providing valuable insights into the ongoing Bitcoin versus gold debate be sure to check it out before diving into the discussion don't forget to like subscribe and turn on notifications for more content like this enjoy the video so I think there's a lot of inflation and so it is a problem that you need to deal with but I don't think the solution is to invent a a make believe asset and then all pretend that that make believe asset has value because of some artificially imposed uh constraint on Supply uh and ignore the fact that there's an unlimited number of other cryptocurrencies uh that exist that you know for most practical purposes are actually better than Bitcoin uh they're cheaper to use they're faster to use to the extent that you want to use Bitcoin which nobody does because it's not a very good uh cryptocurrency um I mean it's certainly uh not a store value but it's not a good medium of exchange or unit of account I mean there are plenty of other cryptos that actually fit that bill better to the extent that somebody wanted to use them uh for that purpose but they don't I mean everybody uses a crypto to gamble I mean that's uh the the main use case and in fact uh that's what's happening now with these ETFs the ETFs have simply provided yet another way to gamble on on bitcoin and it's it's ironic now you have all these people buying Bitcoin through a third party custodian who's charging a fee I mean you're getting everybody back into the very Financial system that they were supposed to be leaving and I keep hearing these people on television saying well you know it's so hard to buy Bitcoin it's so difficult and this makes it easy now everybody can buy it I thought everybody could buy it before the beauty of Bitcoin was supposed to be it was so simple and easy you didn't need a third party you didn't need a custodian you didn't need Service uh uh a service uh storage charges I mean so it's all they're doing is now trying to convince Wall Street to buy this asset uh which has no fundamental value has no income has you know no earnings no nothing but as long as we keep buying it and nobody sells it well the price will keep going up and we can all operate under the delusion that we're getting rich as long as nobody tries to get out I want to see so it's not like I don't I'm anti- crypto or I don't see value in crypto it depends on what you're talking about so if you're talking about blockchain if you're talking about the potential to use a cryptocurrency uh actually as a medium Exchange and a unit of account which would mean it would be tied to something with value a stable coin uh obviously if you if you tie it to something like the dollar or the Euro you don't have the real long-term store value you don't have an inflation hedge but you do have a medium exchange you have a unitive account I think the the ideal marriage uh is between gold and blockchain if you tokenize gold and put it on a blockchain uh you can have a unit of uh a meting of exchange and a unit of account but you actually have a real store of value you have something that is a superior uh monetary instrument to any of the Fiat currencies that are out there and it's far superior to to bitcoin because once you tokenize gold uh and put on a blockchain the transactions are faster and cheaper than the transactions with Bitcoin but you have a real commodity that can store value see when when people try to say well Bitcoin is you know yeah it doesn't work as a currency but it's a great store of value it's a lousy store of value because there's no value you have to have value before you can store value Bitcoin has a price and people confuse price with value you can put a price on anything doesn't mean it has any value it just means that somebody wants to buy it uh but they may want to buy it for all sorts of reasons people want to buy Bitcoin because they think it's going to keep going up it's the greater fool Theory I'm going to buy it because somebody else will buy it and pay more uh but that doesn't work eventually it collapses and and you know you can't store price you can you can store value uh and and sometimes price can be very low and there could be good buying opportunities you can get a good deal if something of value has a low price because of the the market at that moment uh but but Bitcoin only has price it has no value um and so it can't be a store value shiff regarded as a brilliant Economist and a staunch advocate for gold comprehends the imminent collapse of the Fiat monetary system he recognizes the constant money printing by central banks as a grave threat pushing the Financial system towards its demise moreover he acknowledges the futility of the inflation battle with the US debt spiraling out of control growing by a trillion dollars every 100 days while shiff grasps these economic realities he fails to grasp that gold is not the solution to our monetary woes as highlighted by renowned macro analyst Lyn Alden in her book broken money almost every aspect of Our Lives has experienced significant Improvement through technology medicine education and warfare except for our outdated monetary system despite this individuals like shiff cling to the Past refusing to adapt to the changing economic landscape let's refocus on the ongoing debate Peter's absolutely right we've meaned a trillion dollar currency into existence we've meaned it it's just human narrative but guess what so is gold so is everything that we do including religion everything is a meme so memetics rule the entire way that humans understand the world around them and because we believe believe something to be true it is true to us so we believe that this digital asset that is scarce is valuable Bitcoin itself is cuz we believe it to be true it has the sorts of properties that we as humans think of as holding value as does gold certain other things don't paper physically doesn't right even paper money but paper itself it destroys copper over time destroys silver over time erods but gold doesn't so gold has is long-term value in a digital world those properties have been mimicked but even honed down to a way that everything is knowable in Gold well when the price is high enough the gold price becomes cyclical because the miners will find new ways of getting gold out of the ground and so Supply adjusts and brings down price which is fine in Bitcoin you can't do it so it's really a function of demand in everything in Bitcoin so it's the function of how many people believe this to be true that this asset has value and when you go back and say well people shouldn't do this nobody has the right to tell people what they should or should not do this is the best performing asset the world has ever seen it is up 6 million per.
since we first put it on real Vision in 2013 2014 it's up 380,000 wow you know I I if if Bitcoin is a thousand 10 years from now you could still make the argument it's the best performing asset in the world if you want to start from that point in time so it doesn't matter the people didn't own it when it was pennies that's a little bit disingenuous because it actually is the best performing asset in the world on a 10e 5ye 4 year 3E 2E onee basis Well it can't be on a three-year basis cuz it's about unchanged right it was at it was at six it was over it's all it's record taking the alltime high as the yard stick right three years ago was March 20 uh was March 2021 it was much lower well when did it hit 60 65 69,000 when was that like November 2021 all right so from from that point but yeah I mean just made a big rally it just Bitcoin is up 40% in the last few weeks so obviously everything looks like a valley when you're up on this hill question is has Bitcoin performed very well over its time lifetime the answer is provably mathematically yes that's okay doesn't mean you have to like it doesn't mean you have to like it but it's provenly gone up more than any other asset look let's see what happens when the people who own it want to get rid of it and do something with it it's been around Peter it's been around 14 years we've gone through four Cycles where it's gone down 90% and it still is the best performing asset so your oh my God scenario it goes down 90% I've gone through three of those myself shi's fervent argument against Bitcoin hinges on the belief that it will ultimately plummet to zero he finds solace in the historical precedent of significant down earns in Bitcoin and other cryptocurrencies during bare markets eagerly awaiting the day when bitcoin's price will collapse and remain low indefinitely this mindset can be likened to the popular Grand Mar's time for bed meem comma illustrating shift's steadfast anticipation of bitcoin's demise since 20 3 he has been predicting bitcoin's fatal crash urging people to disregard it when it was valued at less than $100 favoring gold at $1,700 however over the following 11 years while gold has seen marginal growth to below $2,200 Bitcoin has soared to over $72,000 despite this shiff persists in using the same arguments anticipating bitcoin's downfall and Perpetual stagnation share your thoughts on shiff and Pal's debate in the comment section below and don't forget to like subscribe and turn on post notifications for more content thank you for watching
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