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4131 total appearances
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Podcast Appearances

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

Well, it's the origin of how this came about.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

And I think it's more of a conversation, obviously a bit adversarial, but not like a formal debate.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

There's no moderator.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

It's just kind of the two of us having a discussion about it.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

But the way it evolved.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

So I was doing an interview on another popular crypto podcast and the topic of tokenized gold came up.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

And so I said, yeah, you know, I certainly think that that's a viable use of blockchain.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

Ironically, it's probably one of the few things that could actually come out of it would be a way of making gold an even better medium of exchange.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

through the tokenization making gold more portable more fungible you know easier to use uh you know in commerce so i said look you know i'm probably gonna have my own i i started something called t gold uh and right now it's just a page on the shift gold website but if you go to tgold.com it'll take you there where you can set up an account

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

And this is to have gold where we don't deliver it.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

Like shift gold, people buy gold.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

We send out the bars or the coins.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

We mail it to their address.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

But with T-gold, you just buy whatever, you know, $100, $1,000, you know, $5,000 worth of gold or silver.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

And we don't deliver it.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

You buy it and it's, you know, segregated, but we vault it and have it stored for you.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

So you just have, you know, whatever quantity you want.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

Ultimately, what I'm working on is in addition to being able to withdraw your gold physically, you'll be able to withdraw it in the form of a token.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

And that token basically just represents your ownership of that gold.

Bonnie Blockchain
Peter Schiff “What Are the Rich 0.1% Doing Before the Next Financial Crisis”|EP46|Bonnie Blockchain

But once you have it in the form of a token, you can transfer it to somebody else.