Brandon Aceto
๐ค SpeakerAppearances Over Time
Podcast Appearances
So if you see right here, the net balance of gold owned by central banks has gone crazy over the last 10 years.
So I think maybe now they're in a position where they're comfortable letting it go to its natural price because they will have gotten hurt before if they let it go to its natural price because there's a lot of short selling suppressing the price.
So there's a lot here.
Brandon.
Estimate or just consensus?
So I'm not going to lie.
So I...
definitely see the future for crypto.
I see the use cases for it.
I think it's really interesting to see what replaces the Swift system because it's a really antiquated way that we trade money from country to country or person to person.
So that needs to be replaced.
But I can't help but be a little bit creeped out about Bitcoin because of the fact that we've never seen the creator of it before.
And the creator's name literally means central intelligence.
Satoshi Nakamoto means central intelligence.
So that's a little bit weird.
Maybe I'm just being paranoid.
But
I think the fact that BlackRock and everybody is adopting it shows that it could be legitimate.
I think central banks will start putting on their reserves.
And when that happens, then it'll be just like similar to cash.