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so apparently there was this debate between what is better bitcoin or gold and for bitcoin a guy named adam scaramucci i guess is alex how's pronounced his name i don't know who he is but if he's defending bitcoin he's my brother versus peter schiff defending gold here's what was crazy gold one bitcoin loss and people on the internet decided this over this debate and i'm like i don't understand my little lizard brain doesn't comprehend how can bitcoin lose it is so blatantly obvious why bitcoin is so much better and so in this video i'm going to share with you my thoughts on why i want to acquire more bitcoin and i'm not saying i'm smarter than adam or or even smarter than peter uh but these are just my reasons why i believe in bitcoin more than gold i don't even want the gold like you know i mean the bitcoin is 2.0 right this is digital gold it's crazy uh and it just blows my mind because i'm so convinced that bitcoin is um the future of the world's financial systems are going to be built off of bitcoin if you're new to this channel my name is aaron i'm going to journey to two bitcoin okay i'm trying to help as many people to their first i'm just a cowboy okay i don't give financial advice i never give her that uh but if you want to roll with me and a whole bunch of the cowboys hit the subscribe button down below now i want you to take a look at this guy he is sad he is okay i screenshot it that's paused it because he looks like he's looking down but he's sad but here comes peter schiff looking up high and proud and i don't know who this lady is right but apparently peter schiff won um and says here right peter schiff wins debate over whether gold is better store value and it's crazy because let me just go through some of it uh here's adam said he says i think cryptocurrency this cryptocurrency revolution and bitcoin specifically because of its scarcity and it's going to transcend gold right it's more portable um it's impregnable in terms of transaction over the blockchain and it's being adopted quite rapidly i i think this is right on right and i'm sure he said a whole bunch of this and more and like you know i'm sure he's right on here's peter in a hundred years and a thousand years the goal that i'm storing today can be melted down and used in electronics or using jewelry or for whatever your new use case has been invented that i don't even exist today okay so let me break this down really quick okay this makes sense he says that his big use case is that it's going to be melted down for jewelry and electronics okay let's just pause here jewelry as a use case like that doesn't that's like if that's your best use case that's very weak because i don't know like it's like saying i don't understand how that's a real use case maybe i don't have a high value of jewelry because i don't know i see it as like a fashion statement i don't know and here's electronics this is this is probably even more mind-boggling and the reason why is because bitcoin is the highest level of of technology that we have in the world today is the highest level it could be used in every every and any industry bitcoin can it the blockchain can be blockchain technology can be placed into any industry and made better like really any like you want to you want to donate to a church donate through cryptocurrency you have to pay these fees it could be instantaneous it could be around the world it could be all that kind of so you don't have to go through a third party it's like you want to go medical and you create an nft you want to sell real estate create an nft you want to do a video game play to earn you know it's like you want to you want to manufacture stuff have a have a supply chain and have a tracking system for supply chain that's called vechain you know it doesn't it it's crazy and i know i'm i'm branching off into crypto but that's blockchain general in general uh and so and here he is trying to call out just trying to say it's a ponzi scheme saying it's a it's a bubble they've been calling bitcoin a bubble at a hundred dollars oh it's a bubble a thousand dollars a bubble 10 000 and i'm sure you've seen this mean but it's true at 100 000 they're gonna call it a bubble again guess what pop pop it's a million dollars and now i'm a whole coiner and you're not that's what that's i'm getting a little salty right i'm getting a little spicy but it's because i like defending bitcoin i believe in it and so i want to give you three reasons why i really um believe that bitcoin is a better store of value better better uh you know store value for your money for my money um and here are the three reasons first the past okay the past hedge funds continue to invest in crypto okay um and many leading hedge funds are aggressively increasing its exposure to blockchain and then it goes it goes into it right you start you start naming a whole bunch of these guys advocates and stuff like that paul tudor jones allen third point albert howard allen howard third point millennial so many micro strategies all these guys kathy wood all these guys are like not just hedge funds not just investors but institutional money big really market moving market shifting money is into this this is the past this has already happened this will continue to happen okay this is already is happening currently this is this is it's it's august like late august 2021 this has already happened it will continue to happen institutional money approximately it's a it owns about eight to eleven percent of all bitcoin in the world i see them continually trying to accumulate more so we need to get off of our butts and work and do as much as we can to get to that one bitcoin and so that's what that is uh the second thing is it's trustworthy the present bitcoin right now sits at just under a trillion dollars like 900 900 billion and uh it's the number nine asset top 10 assets in the world to own gold is at 11 trillion great for gold you've had all since the dawn of time to accumulate here like 6 000 years you know what i'm saying like the humans been around or whatever apple and i don't know if that's true like i'm not a science scientologist or whatever i don't know i'm a lizard brain okay i don't know much here apple number two asset in the world at two trillion okay microsoft google facebook at one trillion it's beaten out tesla by a by a wide margin it's beating out berkshire hathaway if you think tesla is a good investment to buy if you think birth char hathaway is a good investment to have if you think johnson and johnson and samsung and walmart and united help this and if you think all bank of america ethereum is even bigger if you think if you think those are good things to have things to buy stocks to own assets to have you must consider bitcoin you must consider it it's just it it has to happen it's one it's almost a trillion dollars also additionally it's we're early 46 million americans now own bitcoin i want you to see this this is a study that was launched in may so i would assume this has just grown right but uh americans now own at least a share of bitcoin or about 17 of the adult population in america owned a piece of bitcoin they found that 75 of respondents said they want to learn more about bitcoin um that's great and nearly 90 they had some interest um in bitcoin that has some kind of indirect link to bitcoin so this is early okay 17 of americans own bitcoin that's that's very that's that's a lot that's a lot more than i thought but that's still you're still in the first 17 of just americans like who knows globally i don't know i i don't know globally but adoption is just beginning right now and so we are in the very and and early stages and early stages when everyone's trying to figure out the price of course it's going to be volatile of course it's going to evolve but there's a lot of excitement about it and and there's already massive adoption to say that it's so to say that small it's crazy it's the number nine biggest asset in the world it's crazy and of course the future uh bitcoin's futures etf likely to be approved in october bloomberg analyst what is an etf an etf is an exchange traded fund basically what this means is that they could buy they could buy and sell bitcoin on the stock exchange what does this mean for bitcoin it means mass adoption it means that more people more onboarding you know people who older guys and girls who don't know you know get on defy get the wallet blah blah blah blah no let's just buy it let's just buy on stock exchange it's available in stock i'm just gonna buy it on socks that's what that means of course it's more technical than that of course there's more you know you don't come here for the technical analysis you come here for a lizard brain analysis i'm just gonna give it to you just easy right that's what that means and so yeah do i think gold is you know good of course i think gold is good you know buy some gold no problem but bitcoin now that's the future okay if you're new to this channel my name is aaron okay i'm just a cowboy not financial advice but i roll with a whole bunch of other wild and crazy cowboys hit the subscribe button down below join the saloon and we'll see you on the moon



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