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Ray Dalio - BTC vs. Gold | MOONSHOTS

Peter H. Diamandis · 2025-02-13 · 유튜브 시청 16,943 · Board Views 3 · International

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I know you're a Bitcoin holder but you're still more excited about gold yeah if I remember correctly how do you think about Bitcoin I have some Bitcoin but I've got uh much more gold now on the Bitcoin versus gold um here's the thing um Bitcoin is not a private asset any uh the governments watch it they know what you're going to have they know where you are they can tax it they can take money away from it it exists uh uh at their pleasure and they can do anything they want with you their comfort of you being in Bitcoin is better than their comfort of you being in Gold let's say uh well I I agree the fact that it's that it can be monitored the movement of it can be monitored uh as but it doesn't exist at their pleasure uh are you saying that the government could shut down no they could they could if they wanted to under regulation and so on tax you as a matter of fact like I was saying I was with the central Bankers who said um the the reason that we um when negative interest rates how much could it if they had a digital currency there was no floor on the negative interest rates because they could tax you okay so okay they you don't have the Privacy you can get tax and and so on um um whereas the saying of gold is you know it's it it's the only asset that you can have that's not somebody else's liability meaning you have it in your possession and um and that's that's somewhat different the second thing is um central banks holding it as reserves I'm watch watching the um periods of conflict and so on um they go to Gold even in terms of their enemies because like um what governments do in periods of conflict or whatever is they print money they make bonds and that's not good and they don't want to hold each other's bonds nobody wants to hold the bonds and um and that's why they hold gold they don't trust each other and um U that wouldn't work that way for Bitcoin because governments can uh control it we we do infl we do inflate gold every year what percentage is mind every year oh infant AIT um I don't know like 1% or so of the stock of gold yes and it has been for thousands of years in all different places so and another thing is I can understand price changes in gold in other words if prices change I can if this changes and that changes I can make sense why the gold price change that way I have a problem doing that with Bitcoin it it it still very much moves in a way that it wouldn't be necessary it's a supply demand speculative Market that's tougher for me to nail out by the way I just asked uh anthropic here and it's uh we inflate gold about 1.5 to 2% per year yeah that makes sense you know I am still I I would expect uh Bitcoin to go up when there is uh International Strife or instability or uh uh you know difficulty predicting what's coming next but uh we're seeing swings that are not related to anything that's really explain able today that's that's right so when I go down that list of things I say I favor gold for that reason those reasons

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