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Crypto Voices

PE71: How long has Peter Schiff been BEARISH???

19 May 2023

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Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:21 Peter's bearish stance 01:28 Gold on left, Bitcoin on right 02:20 2011 comments 02:39 2013 comments 03:40 2014 comments 04:39 2015 comments 05:23 2016 comments 06:09 2017 comments 08:46 2018 comments 09:42 2019 comments 10:15 2020 comments 10:53 2021 comments 12:31 2022 comments 13:03 2023 comments 14:39 Gold & Bitcoin trendlines 16:09 Trend growth rates Here I review gold investor Peter Schiff's thirteen-year bearish comments on Bitcoin the monetary system and the price of bitcoins. His consistency is quite remarkable, in light of continuous Bitcoin dominance over gold. I close it with analyzing the 83% R-squared exponential trendline for gold's price, and comparing that with the 95% R-squared power trendline for the price of bitcoins. Gold's trend only grows at 9% per year (doubles every 8 years), Bitcoin's at 125% (doubles every 0.8 years). Prior videos with further info: Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec Bitcoin original power explainer: https://www.youtube.com/watch?v=FU2P_jJwVZ0 Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

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