Bitcoin vs Gold: The Great Debate with Michael Saylor and Frank Giustra
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- čas přidán 7. 09. 2024
- It's the showdown that everyone has been waiting for. Gold financier Frank Giustra versus MicroStrategy CEO Michael Saylor in the ultimate gold vs bitcoin battle. Our Daniela Cambone moderates.
#bitcoin #gold #bitcoinvsgold
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It's going to be real fun to revisit this video in 5-10 years.
Buying both. Bitcoin known to gain value faster, and gold known to hold value via historical precedent
I would say 12 months ..
Right!!! Puerto Rock!! JP Morgan are super whales! They are buying bitcoin!
Right! Frank is grasping straws. He doesn't want the shift of power to happen
BITCOIN FOR KIDS
GOLD FOR ADULTS
Michael was a true Gentleman and weathered the personal attacks with honor & Grace. Best Moderation ever! Thank you 🙏
😆😅 Michael didn't answer because he had no answer to give.
@@jeanrichardvarre6062 what didn't he answer?
1:24:55 answering like ? Delusional.......what is he saying..........words .... glued together meaning nothing
@@jeanrichardvarre6062 haven’t watched it have you ;)
@@SacrumImperiumRomanum517 He didn't speak at length about the great Danger facing all Bitcoin Holders who live in Countries that are 100% certain to Tax all Bitcoin Transactions ( purchase & sale) 2016-2020. All this plus Capital Gains too.
Some Countries will ban possession of Bitcoin outright.
Michael was talking about bitcoin, Frank was talking about Michael.
🔥😎✅
Yep, that really makes an impression.
Great comment
and then at the end he cries about being attacked lol
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I've seen people make seven-figure profits in both declining and rising markets; it all depends on the information and methods used. There is no doubt that the recession and crisis have benefited some people significantly.
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Lot of respect for Michael when Frank was attacking. Michael didn't do it once. Respect to him
I thought the same. Michael stayed calm while attacked quite personal by Frank.
There is no need to attack a gold defender, it’s like embarrassing an elder whose time has passed.
It was very obvious saylor understands bitcoin and gold, frank was getting schooled so he just attacked.
Speaks volumes
Michael attacked Frank with arguments and facts. It was easy
I scrolled the comments, initially thinking no one noticed. I am not keen on Frank's approach. A debate is terrible when the opposition takes sly digs instead of sticking to the topic.
Learned more about gold today by listening to Michael Saylor then I did from Frank Giustra.
Lmaoooo yooo 😂😂😂😂 bruhhh
True! Frank talked more about Bitcoin than gold.
🤣🤣
😭😭😭
🤣🚀
What a pleasure it is to have a hostess that asks a powerful question and allows the guest to speak freely.
never happens on cable tv ever!
Stop watching TV for a few months and then you notice this is actually normal.
She's so good. Solid interviewing skills.
You don't get that on tv!
I hope this debate, between these two seasoned gentlemen and a tempered moderator, can demonstrate and serve as a template to the millennial generation how to do so in a civilized fashion without intellectual dishonesty, pejoratives, crybullying, and other petty behaviour.
The fin-Markets have underperformed the U.S. economy as fear of inflation hammers the prices of stocks and bonds. My $400,000 portfolio is down by approximately 25%, any recommendations to scale up my returns before will be highly appreciated.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings,
@@BenjaminMcLeod815 Trying times are ahead, and good personal financial management will be very important to weather the storm. It would be very a innovative suggestion to look out for Financial Advisors like " CORINNE CECILIA HEANEY , who can help shape up your portfolio.
@@PhilipMurray251 please how do i find this woman, i'm in dire need of an F,A
@@PhilipMurray251 Corinne Cecilia Heaney really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
who has a 400k portfolio and is asking for recommendations in the comments
These two gentlemen could teach our politicians about how to fairly debate like men.
And most of all, have moderators like Daniela.
What politicians?
I'm not so sure I'd call Frank a gentleman, I could be wrong about him of course but I think he has some pretty clear and suspect connections to the Clintons and Epstein from memory.
@@FerventReminder hmmm
Exactly. It was much much more professional than Trump v Biden
This is the first debate i've seen where neither of the guests interrupted each other even once.
For me that was part of the problem. They weren't talking to each other. They were just expressing their views with no jousting and arrival at mutually agreed truth.
@@whatifgodimagineinfinity5526 I wish they had spoken directly to each other instead of Daniella, but I LOVED how respectful each of them were--we could actually hear their arguments!!! Compare that to a T***p debate...
@@PhoenixCrown
I love Trump crushing Faux Joe!!!
Yes, I felt the same, it was more like a presentation.
I hope this debate, between these two seasoned gentlemen, can demonstrate and serve as a template to the millennial generation how to do so in a civilized fashion without intellectual dishonesty, pejoratives, crybullying, and other petty behaviour.
Frank convinces me to buy more BTC. Thanks man
✅
lmao true
Peter come help your boy. He ain't helping.
getting wrecked, today.
This comment didnt age well quick..
When someone attacks the opponent personally, it means they are running out of argument. Same as when you glorify your own expertise. Frank kept commiting logical fallacies. I love it how Michael would just strike back with facts and theory in cold blood.
I'm thinking Frank has an ego problem. Very rude
Yes Bit it coin…..
Nobody wants gold… its always stolen. Bitcoin is not fantasy. It’s reality
The beauty of Micheal’s opening remark just focussed on engineering, 1st principles and pure reality. Love to see it
you need to watch this again, your guy lost it big time. Michael just made me sell my Bitcoin, I made me realize that Bitcoin is useless
OK, so what did we learn?
Frank will buy bitcoin at the dip
Michael will not buy gold
Lmfaooo
Today I learned that having money does not = being smart. AND.....I got to see a dinosaur die on live TV/WEB today. Adapt or Die!
@@MHendersonwriter you’ve been watching “Money Ball”!
@@markfoster8167 No, Ive been watching old gold lovers get publicly embarrassed because they cant put their pride down..this is a vicious cycle that will continue to go on...
Spot on!
Two hour summary:
- Frank will buy some bitcoin from Michael.
- Michael will buy some olive oil from Frank.
and Michael will buy some gold from me.
🤣🤣🤣🤣
Michael will never sell his Bitcoin...Frank will need to register with Coinbase
🤣
Best comment here! HHahaha! Made my day! So funny! 🥳😋
Saylor's rant on people seizing gold is FKN EPIC!!!!!!
My favorite part so far
makes Franky sound like pure tedium
Ya just after Giustra said “I know my history” ... boom slammed dunked on
It is an excellent proof of the value of Gold.
@@bigqueue Its pretty clear in 2021, governments are more scared of bitcoin than gold. The fact Frank is more scared the government will ban bitcoin than gold shows bitcoins value proposition as the future of sound money.
It only took 10 years for there to be a mature debate about bitcoin between 2 opposing sides. Great one!
legend
Bitcoin outperformed Gold from the date of thos debate too. Gold went the way..
No interruptions from either debater or the moderator only to inform time is up and to ask the questions...WOW!!! Moderator very professional and showed no bias...next presidential debaters should be forced to watch this debate!!!
thumb up this, but still do believe Trump did better with Biden and more fun~~
@@LingJunZhang yessss
Worst moderator ever Chris Wallace from Fox sooo biased for Biden disgusting and shameful
@robin young if the moderator is not bias then yea I see your fuckin point 🤘I don’t know how she would of handled a ruckus presidential debate? Goldwater 🤣 that’s a long time ago jeez…anyway your comment was Hott AF!
Just let Daniella do the next presidential debate lol
This debate is the epitome of legacy thinking vs innovative forward thinking. Nothing more powerful than an idea whose time has come.
Legacy thinking is the opposite of thinking. It's "doing what we always did".
Frank "I dont just see" Giustra
Well said
XRP is the future of cross border payments and transfers. How much does it cost to transfer bitcoin?
Yupp,, Frank is a boomer elitist, growing fine wines, financing art and smugly preaching "climate change". I don't like him or his ilk. I suspect he would be much happier if people like me and you, most of humanity in fact, didn't exist.
Isn't it funny how all those "progressive" and "woke" ideas that are supposed to appeal to the young invariably have roots in late 60s early 70s? Funny that. Thank god boomers have begun retiring these days, perhaps we'll finally have some peace and sanity for a change (Or maybe I'm too optimistic and we'll have to wait till they start dying off in greater numbers).
What a public service to these two gentlemen to help us retail investors learn from them. Very generous with their time and expertise. Thank you Michael, Frank, and Daniela!!
Michael can be imprecise and misleading in some specific details, but Frank, who likes to come off as this more moderated and wiser character, has made fallacy after fallacy. Here are Frank’s main points (just in the first 25 minutes):
1. “Aspiring to be a safe haven doesn’t make it so” - Bitcoin has been as safe haven as gold has. In times of crisis both have dropped and then gone up. But even if gold was and bitcoin wasn’t, that would be perfectly fine. Bitcoin is still much smaller with a much higher potential. It’s like the internet in the 90s. It aspired to be a lot of things and it became all of that later.
2. “Why would anyone pay 60k today without a target of 500k in mind?” - The only target we need today is 60k. If you’re able to maintain your wealth, it serves the purpose. The same applies to gold. The difference is that gold is more expensive to store and transact, so you actually need a higher target with gold.
3. “Pretending that bitcoin is a risk-free asset is naïve” - I have to agree here. Michael doesn’t present bitcoin’s risks properly. However, the risks from government and central banks apply to gold too. Indeed, gold is more easily confiscated than bitcoin. So, it seems that Michael isn’t the only one to overlook the risks.
4. “I don’t see a way where bitcoin is going to be a method of payment” - This is one of the dumbest comments. If he said it’s not today, that would be perfectly fine. But saying he cannot see that in the future is just dumb.
5. “I can’t see how bitcoin is going to be recognized as money in the way gold is” - This is the very same comment that all the disrupted sectors made just before being disrupted.
6. “Bitcoin has never been tested, especially in a financial crisis (…) gold is going to be safe from cyber attacks on both the internet and power grids” - He’s not sure how bitcoin is going to perform in a crisis, because it hasn’t been tested, but is sure how gold is going to be safe in a non tested scenario. Also, these extreme scenarios are a joke. The largest companies in the world are internet-based/related (Google, Amazon, Facebook, Apple, Microsoft). I’ve never heard about that argument to favor investing in Kodak or Blockbuster. Also, bitcoin doesn’t require the internet to exist.
7. “Governments are not going to allow that kind of anarchy [bitcoin capturing the world’s wealth]” - While this is likely to face great governments’ resistance, it’s not an anarchist scenario, providing that governments are still able to collect taxes. An anarchist scenario would be for instance the world war with EMPs that he was describing.
Is Michael reading a script? Wtf
This two are really helping investors
I'm 51 my husband 56 we are both retired with over $3 million in net worth and no debt. Currently living smart and frugal with our money. Saving and lnvesting lifestyle in Bitcoin made it possible for us this early. Thanks to FIRE movement
Great debate! Wish we could have Danielle monitor our Presidential Debates. Very professional, insightful and good
Danielle is a blessing to this generation. I wish and pray my pregnant wife will give birth to smart and intelligent child like Danielle 😅❤️ . She too smart
Great job with your husband, I bet you're living your best life right now
Now that a year has passed, it would be informative to have a rematch. Great presentation by both.
What about now
@@nerios.v 😅 🚀
Coming back to see this in 1, 5 and 10 years. It will be so fun!
Poor Frank!! many millionaires and Multi millionaires will be made by then lol
@@RandyDupree people aren't made millionaires and multi millionaires sitting around very often. Be weary
@@RandyDupree millionaires made by crushing the greater fool
@@timan206 It may crash. My point was if it goes up and they become "millionaires", it's because a "greater fool" bought it so then the lesser fool was able to sell, get out, and reap the benefits leaving them to hold the bags. It's a huge ponzi scheme..
@@tjhunter3288 the fact everyone is so sure they’ll be made millionaires by buying bitcoin tells me this craze is probably running out of steam pretty soon.
It's so telling that this debate has only 170,000 views. It should be 1000x times this and one day it will be. Bravo for these two gentlemen for having the stones to step up and use their minds to debate substantive issues. The greatest economic issues of our day. Just awesome to see. Daniela, you may be the greatest moderator of our era.
Well because the outcome of this debate is obvious before watching it and clear after a couple minutes.
@@eugens218 what was the obvious outcome?
@@Soaptoaster goldbug gets rekt
@@eugens218 Yep. And not even gracefully.
@Christopher Schotts It's also the genre, not the time since release.
Michael Saylor lays out the statistics while Frank Guistra lays out his emotions. I've learned more about Gold here from Michael than Frank himself.
Spot on
Totally agree;)
Halfway through Frank's opening statement and I'm thinking wtf is he trying to do!
I'm hoping to hear an adult debate... I'll keep listening.
58 minutes in and Michael sounds bored in his rebuttal - wasting his breath on Frank's myopic argument.
Conclusion: Michael got rich using brain and intellect.
Frank got rich using pick and shovel.
I feel kinda sorry for Frank, he's getting left behind.
hahaha youre right.
I watched the whole thing and you what you can see is one man that brought up all his points in an objective manner while the other felt like defending himself and his asset because there was no "obvious reason" to like it. Love your work Michael!
I'd like to see Michael debate Peter Schiff.
Peter actually reached out but he refuses to debate him...
Peter schiff can't even debate his own son
Theres no point Schiff just shouts over people
Maybe if it was moderated like this one it wouldn't be too bad.
@@thomasbrittinghamjr.8508 but this format sucks. You only have 1 minute to rebuttal. If I were on the side of gold I will literally throw so much FUD to Michael to the point that it’s impossible for Michael to rebuttal each point effectively.
Within the first opening statements you can already tell Michael has superior financial intelligence and grasp of both markets ! Throughout the debate you learn more about gold from Michael than you do from his opponent ! What a debate
Jeez that’s facts. Frank keeps saying what central banks and China have *today,* and Micheal keeps talking about the future which is what matters in this debate.
Frank was ill equipped for this debate; he needed to assume he needed to school Michael. It was obvious Frank was was cognitively handicapped in this encounter.
And he started by saying we invented fire.
This isn’t a debate. It’s a massacre
Nailed it.
Stansberry research, Daniella, Michael and Frank: THANK YOU for showing us that the serious, intelligent debate is still alive! And that is worth even more than both gold and bitcoin!
Well said.
Bitcoin was about $51,683 and Gold was $1783 at the time of this debate (Apr 22, 2021). Today (Jun 14, 2022), Bitcoin is $22,090 and Gold is $1815.
Gold barely moves during inflation on top of that Bitcoin will pump harder
I wonder how Mike feels about that? Poor guy. Wait for
A few months, grrat bitcoin position not so much now.
@@nickd3149 The real promise of Bitcoin (I would say) is not the returns. It's that you get to actually keep what you have over time. (which, as for example the dollar looses its value more and more, will look like a return. But the whole point of bitcoin is that hopefully you won't have to go back to the dollar)
@@nickd3149 Oh important specification! Indeed keeping what you have in and of itself is meaningless.
(I could argue that Bitcoin is the best form of property ever invented and that this has in and of itself some (great!) value but that's indeed unrelated to this topic)
So "keeping what you have" should refer to both the actual property and the purchasing power
To summarise in pro-bitcoin terms:
1. Nobody can take it from you (it's the best property)
2. Nobody can make more of it (it's the best store of value)
Thanks to all who made this event possible. God bless all
I was so impressed with Micheals class and his ability to contain himself and stick to the point even though Frank repeatedly insulted his character. Frank seemed desperate while Micheal never flinched. I respect both men but Micheal once again just blew me away with his knowledge and passion for the greatest asset of our lives.
BITCOIN FOR KIDS
GOLD FOR ADULTS
@@josephdecrescenzo5001 I disagree, I know plenty of adults changing their mind on what is the best store of value
@@josephdecrescenzo5001 repetitive capital statements for morons.
No you are scared with what Frank is saying. He is right and you are scared you have no clue how governments control. Bitcoin is nothing. Bitcoin will never rule the roost. You only own it if you do because it has went up rapidly.
He's clearly on the spectrum. He simply doesn't have a reaction. Would you be impressed if a vending machine didn't react to challenges to its character.
Great debate! Wish we could have Daniela monitor our Presidential Debates. Very professional and insightful-Thank you
I thought Danela was a bit taken with the moment.
Nearly three minutes of yapping before starting the debate.
It wasn't historic.... interesting, but not the huge event Daniela wants to believe.
@@PaparazziParadise !aaaaa!aaaaaaaa!a!!aaaa Ky
Saylor is the master in these situations. Incredible intelligence with foresight. For those reasons he will be the richest person in history soon
Nope. Buy hex instead.
@@andrashka3 LMAO hex
@@andrashka3 sorry about your hex position. Hope you'll reconsider Bitcoin now
@@spikestephens lmao
One of the BEST interviews I ever saw about bitcoin/gold debates, i thank the hostess, the speakers and the organisation to have this special interview! I will share this link to many! Thanks!
Frank consistently got personal with Mike , throwing comments like " I have been doing this all my life" which doesn't matter. Mike kept straight to point and never attacked Frank
These oldies suffer from Cognitive dissonance you cant turn them around. They do not understand the value of software
Michael eloquently showing us where we should be, Frank bluntly (but necessarily) reminding us where we are...
And with that being said, nothing in the universe is stationary. Everything is moving from where it is to where it should be. From Big Bang to expansion to contraction back to Big Bang, and the cycle restarts
@@INeedsMoneys Frank would argue that world view originated at a central bank...
@@Captain-wc6vj why?
Frank is just attacking Michal
All I get from this is that gold is for the bankers and the rich!
Bitcoin is for everyone I know what I want 👍
@@dannycorking2632 people unite. One love. Is all Bitcoin baby! Woohoo
Frank Guistra perfectly outlined everything wrong with our monetary system and why gold is antiquated. Well done.
I couldn't agree more, but I stack both of course, as any financial investor should.
Stay Gold
@@shafserious2805ok boomer, enjoy your -1% returns every year
@@darthbrooks4933 not bothered about returns or get rich schemes im rich with life and think of the bigger issue.
I don't give a hoot who wins this "debate" I'm adding both in exchange of Fiat
I have to say, as much as I love gold, bitcoin guy brought the heat in this debate! Very solid arguments.
Next year tulips will be the fad.
@@Longtack55 Agreed. I'm on the side of the gold bugs too
Ok boomer
How about now? Still gold on your house?
@@beeftestosterone4840 you are clearly someone to not be taken seriously. State the specfics of your case or move on,
I’m only 30 minutes in, but I keep thinking why is Frank so rude and disrespectful towards Michael - those who attack a person rather than the argument lose the argument in my view
Desperation when up against such an adversary is bound to occur,
Math versus pessimism 2021.
100% mate. Frank has not credibility at all
He's watching common sense drain his stash if golds worth
Well said.
Frank is pointing out the danger if Michael's arguments of hype, hyperbole, and exaggerations and twisting facts, does Michael guarantee you a refund if Bitcoin doesn't goto 1 million dollars, to 500K, to 250K, to 150K? If he doesn't than what gives MIke the unethical right to guarantee you if you buy at the bubble top, by leveraging margin and debts, and then it drops 80%, what happens if you need to spend your bitcoin funds after the crash?
I love how after reading a couple comments there is no hate towards Frank. People feel compassion for him as it's obvious that his lack of research isn't as deep as Michael's.
What a community of empowered individuals Bitcoin is creating.. I LOVE IT ❤️
Old people dont do research as they believe they already have enough knowledge 😅
You mean he knows what he’s talking about with markets and Michael just says buzz words to bring dumb people into the Ponzi scheme?
One of the greatest debates of our generation. Full of great information delivered in a clear, respectful way.if only our presidential debates could go this smoothly.
That was awesome Daniela.
Can we have Max Keiser VS Peter Schiff next? Please!! 🙏🙏🙏🙏
@@catseyes2334 was Daniela hosting it?
Please NO !!
Absolutely not!! Especially having Schiff on. Max is ok at times when he isn't wound up but Schiff is awful
@Diamondhandz369 z-nation yeah because they can’t walk off the stage from the pounding they take
I don't believe those two can have a civilized discussion like these gentlemen. Too much arrogance on both sides.
A pleasure to hear an intelligent educated debate on this historical and important topic. Thank you gentlemen, Daniela and Stansbury for making this available!
Michael Saylor SMOKED this gold fool!!! Michael shared bitcoin facts, the other clown attacked without really making a good case for gold. Michael wins!!!!
@Mike Matthews were you watching the same video we were? Lolol. Michael UNLOADED endless facts. He did his homework on both gold and bitcoin while the other clown made attacks. If you don't see brilliance in Michael then you're making an emotional bias opinion which can only come from being a gold holder. Take off the blinders mam. Michael is on the level of Elon Musk. This gold clown didn't make a good case. Michael wins.
@Mike Matthews You are a fool !
@@midgetmayweather4841 Hands down !
BITCOIN FOR KIDS
GOLD FOR ADULTS
Just because you had the last say, doesn't mean you we're right. Bitcoin's transferability, scarcity, and retail relevancy or use case will show better than any precious metal portfolio. Micheal, thank you sincerely for fighting the good fight. Bitcoin has already seen the win over gold, many times over. It just takes time to realize it.
Saylor is a pumper
o fine example of an investor.
@@maximo6037 I agree. He can't be trusted.
It really just takes time for people to change their world views thats engrained in their mind
Great points are made on bitcoin, the problem is governments don't want to relinquish control of monetary policy. One law passed can change everything for bitcoin.
That was the point of the opposing view, it isn't that electronic coins will exist, bitcoin won't be adopted since government can't control it.
I have missed you Daniella on Kitco.
One thing about Michael....he’s a gentleman and a scholar. A clear winner of this debate.
this debate boiled down:
Frank: Government and Banks are extremely powerful and you can't do anything about it.
Michael: Bitcoin is freedom.
Saylor is delusional beyond sanity. Or just a paid shill
@@quant2011 aww you missed out and hating like the rest of the poor dudes
@@quant2011 lol, yeh it's tough when visionary capacity is too low :v
Frank says so because he is in bed with them! He's part of the cabal.
@Endless Freedom Frank is with the cabal too! He worked with Hilary Clinton in the past!!!
Well, I sold my gold a while back. I don't regret it.
Longterm you will 🤗
With that comment you are right, you shouldnt own gold, because you doesnt understand it. Gold is for inflation and when the market have problem, which have been good since 2009, so the time to own gold is now, not 2010-2020.
This is the best debate I have heard on the subject. I love Bitcoin, but I take Frank Guistra's position, that governments that hold the power and the guns are not going to give up their control of the world's monetary system easily. Therefore, hedge your bets for all outcomes. The idealist vs the pragmatist is a good way to frame that debate! Terrific!
Nor will they. The big threat, in any scenario, is global CBDC. That could happen FAST (even overnight) with not a scrap of warning. People everywhere ought to be making/adopting alternatives NOW!
I believe that poorer countries will adopt bitcoin because they then can’t be manipulated by stronger countries as much. This will attract entrepreneur class. Those countries will get wealthy. Which then counties like the US will have to become more libertarian to compete with these countries. My vision is that governments losing control of the monetary system will be the greatest thing to happen to political systems since the development of the republic and the free market.
if they dare to wage war on the people by banning bitcoin, the people will win. especially in countries with the 2nd amendment. Dictatorships like china have already banned bitcoin and the loss is counted. no one cares about them. the people are more powerful than the government. thats the whole point of bitcoin, and thats the spirit behind the people who hold bitcoin, they dont trust the government
Then you are lost
After Blackrocks and Fidelities announcement this week.. you have just been proven wrong. If you smart your happy about it however :-)
Every time I hear “living in a fantasy” I’m buying more Bitcoin.
lol +1
Daniela should work for CNN ! Amazing reporter !
Wow how do you earn your bitcoins with profits without purchasing them... With the way bitcoins scales recently I'll love to know
Yeah I believe and I could say it's possible to earn and make lots of profits on bitcoins after I made my first successful profit of $3600 worth if bitcoin. Kudos friends 👍👍
Wow a $3600 profit .that's a very fair and nice way of earning side capitals ..please I'll love to know how to make couple of profits too. Thank you
Amazing debate. Awesome times we're living in to have access to this for free.
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FOR ADDITIONAL INFORMATION
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W•H•A•T•S•A•P•P. N•U•M•B•E•R
+1 (908) 718 7870
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facts homie i love the internet
I totally agree, where else would you get access to this level of knowledge and thought. Cheers 🍻
Indeed
Check out all the free MIT free classes. Blown away
Giustra appears to aim a lot of his responses against Michaels character, whereas, Michael keeps is strictly on the subject at hand.
That's cuz Michael's character warrants commenting on....
@@edwardpowellmusic thats how one exposes his own weakness on character and facts of subject matter. when wisdom runs low, offenses run high.
"appears to" ... Interesting choice of language.... Listen to his criticism objectively he challenges Michael's opinions imo,
@@MichaelMinecraft190 or theres another agenda behind the apparency.
BITCOIN FOR KIDS
GOLD FOR ADULTS
This is the video that won me over on Bitcoin...life-changing. Michael Saylor is a visionary.
bitcoin is trash and was designed to fail the moment it was never used as money, not currency or as even an IOU. Good luck with fooling the top of a pyramid.
@@-Fluxor What are you even talking about? It's used as a currency across the globe already. lol
@@NutriNerdy Bitcoin is not a currency. There is a difference between what "money" and "currencies" are.
@@NutriNerdy No it's not , when you "spend" Bitcoin, you most likely are spending money. You sell your Bitcoin, transfer the money to the other party, then purchase Bitcoin again. A true Bitcoin transaction can take up to hours even months to finalize, I'm shocked how little research Bitcoin lovers have done on cryptocurrency. When you purchase Bitcoin on exchange, you are not buying the actual Bitcoin, you just have the number registered on your account, not until you transfer it to a cold wallet you don't own anything. Then unless you pay with your cold wallet you are not using it as a currency, until then it's always linked to fiat money and always will be volatile.
Finally something that wasn't a waste of my time. Well Done everyone.
one of the Greatest arguments ever! Pure Education...saylor is coming back outaaa nowhere with his uppercuts and hooks
Thank you Daniela. This has been a great debate and you have been an extraordinary host and moderator! Well done!
It was a great pleasure to listen to you and the two gentlemen and I am with your last remarks: They did not have to, but we all should appreciate that they shared their position and thoughts.
I agree it was fantastic and incredibly informative to hear from them both.
Guistra thought process is the new "automobiles arent gonna replace horses. You cant breed two automobiles and make a new one". Or "the internal combustion engine will never replace the steam engine". Or "Jet airplanes will never replace ocean liners for cross atlantic travel".
History will laugh at this debate, and he wont look good.
@Chatsworth Osborne, Jr. I agree!
@Chatsworth Osborne, Jr. I guess you pay for everything with gold coins. You never use "cyberspace" for anything? How do you think you are commenting, on a stone tablet? Good lord, you dinosaurs are gonna be left behind. Embracing technology on one hand, using it for commerce daily, but pretending its not the way of the future.
@@abraxas511 and tulips is the new currency, if your going to use history analogys, don't "cherry pick" - something this space suffers from terribly. Always only looking at pro..never cons as well....such much for objective analysis.
The best part of Gold and silver is that you can't trace it with is sold, with cryptos transactions will be on the blockchain unless you buy Monero and they are banning it because it's not about your privacy its about tracking your transactions with cryptos.
Damn, when Michael Saylor starts to list all of the times in history where gold was seized through violence @39:35, that was a mic drop moment right there. team Michael Saylor for the win!
💯
if only it was relevant to the discussion *mic drop*
I guess I'd agree if today were several hundred years ago... also, good was not "seized in 1933".. they made a temporary law allowing minimal ownership of gold and asked people to send in their gold. Only the idiots complied (kind of like today), but NOBODY went door to door and seized anything.
@@joelweinmaster how is stating the actual history of gold not part of this debate? He must have use too many big words that made you frustrated huh 😂 you have to be a idiot not to be able to follow this great debate or you’re a bot😂
@@airlar4857 😂😂😂😂 yeah ok buddy lee you keep telling yourself that
Every day of my life I always regret selling my bitcoins 8yrs ago.
See how much its worth now.
You have to be calm no one ever knew it would get this high.
True you have a point.
°°Cryp=to°° is the future, trading ••cryp=to•• has
become a lucrative way of making money
@@benjamincowen3423 Do you trade by yourself?
If I knew would have exchanged my wife for bitcoins 😁
Frank's opening remarks were just digs at michael saylor without giving anything as to why gold would be better
Franks's whole game lacked validity. It was like he wasn't even there.
Agreed. I felt like this was Frank's game throughout the entire debate, to be honest.
His closing remarks too by complaining about the social media stuff
When someone is losing a debate s/he starts to attack his/her opponent and unfortunately that's what Frank did at the get go.
Frank is a boomer elitist, growing fine wines, financing art and smugly preaching "climate change". I don't like him or his ilk. I suspect he would be much happier if people like me and you, most of humanity in fact, didn't exist.
A visionary vs a skeptic, history has proven that disruptive technology wins and it’s clear that it’s shaped our lives over time. In order to move forward, there is always a leap of faith required, but playing defense vs offense is a choice everyone needs to make for themselves.
frank guistra starting this with high spirit knowingly michael saylor is "reckless" with his statement to go all in on bitcoin, in debate he realize that michael guy are so smart and outsmarted frank in every statement about bitcoin and gold. GOTTTT EMM!
You just got to the next level. The BEST debate of the year...Great job!
Yeap and Michael won
That was not a debate. That was a Dinosaur trying to hold his ground and protect the status quo. And being crushed trying to do it. Also, personal attacks are not a component of a good debate.
BITCOIN FOR KIDS
GOLD FOR ADULTS
@@josephdecrescenzo5001 that literally made me bust out laughing...hahaha....I own both, and silver....and I sleep well at night
Frank - “Governments will ban bitcoin”
Governments - “Here is a bitcoin ETF”
The US must be the creators of bitcoin
As long as bitcoin is not banned in all countries around the world, government wont be able to stop it so its better to accept and regulate than being a dictator
Frank talking gleefully about Bitcoin being banned was a little chilling. You could tell he wants it to happen.
@@John-wf5if Don't be so prejudiced. Frank was just telling the Truth.
Gov'ts have the Power to Tax Bitcoin till it no longer threatens Fiat dominance. Spain has 'requested' all Fiscal Residents to provide them with a verified record of every Transaction from 2016-2020. That's just the tip of the Iceberg.
@@akkiokz619 TAX ! Bitcoin will be Taxed upon Purchase & Sale. After this the Capital Gains Tax will have to be paid.
Given that we all can not always own one of these, the greatest question now remains; Besides these two, is there even any other 1nflation resistant way of getting and storing cash?
@@the_jean_mum Now you have my attention sir!! Who's the knight in shinning armour
@@the_jean_mum Wow I know this little lady. Once listened to her podcast. Great speaker.
I pose a question. What is the biggest vault in the world and what am I trying to relay to you folks ? Secondly, what is the definition of ESG and how does this impact this conversation ?
No, if you can't get bitcoin you can only get cash and it will always inflated because we will always have incompetent people running this country.
You can't get rid of inflation itself, but I think you can manage it. Especially if you got some smart economics and algorithms. For example decreasing supply when price is low to increase price and vice versa. I don't know much about economics but this is what some crypto's are trying to do with bonding curves etc(?) Try looking into the Terra (LUNA coin) ecosystem and it's underlying tech or Sora, another project trying to create a stable coin.
Thanks to Frank and Michael for doing this, and for Stansberry for hosting!
Bitcoin fluctuates wildly and seems over-valued very quickly, so many people are skeptical of that.
Change is coming through your shadow, Its a tool song to help the Fibonacci Bitcoin Scripted Algorithm Sequence to Lareal-us foward! Spiral Out!
@@Indiana_Paul ,I sold at 54k about 6 weeks ago . It is too speculative and people do not NEED it, right now as the govt will come in and regulate it. I bought this stock NLST ( above 100%, now and the bitcoin will have to be 108k to double ), and MMEX. At least these are stocks that I don't have the fear of regulation and I bought at 75 cents on one and the other .0017. Less risk buying low.
I love a debate when the parties are civil and respectful! Especially when they don't agree. Imagine if Daniela moderated a presidential debate LOL
These are humans. Politicians and presidents are snakes.
Yeah also check out Antony Pompliano's debate with Mike Green
Billionaires, civility comes with the pedigree.
You would have to have civil politicians which will never happen.
Plus Daniela is an Angel
Big fan of Stansberry Research...great job Daniela, Frank & Michael. Much appreciated!!!
Viva Stansberry- objective information!
Such a great debate. I keep going back to it. The key outtake for me is that we shouldn’t be thinking Bitcoin vs gold, but rather Bitcoin + gold
There are all sorts of wanker's fantasies. Mine are more realistically USEFUL than either gold OR craptos. Jane Fonda! (sigh)
I can't wait to see how these two positions play out in reality. I'd love to revisit this debate in 10 years. Nice job
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I'll save you the time. Bitcon: see footnote.
im on board of this journey too! from s.korea
Cardano will steamroll them both.
@@jtc6275 at least temporarily, cardano got steamrolled by doge 🤣
Michael Saylor makes such a strong, compelling & optimistic view of humanity. Giustra illustrated the epitome of negativity and fear. That guy was obviously hostile because deep down, he sees the writing on the wall...and time again, Giustra's view of the world shows what is wrong with humans.
Saylor didn't have to attack or go negative because he's much more confident about his purpose & Crypto's purpose.
Took the text right off of my thumbs 👍👍💯
Maybe they are both wrong...neither of these asset held their value during the COVID-19 Dow sell off.
Giustra is the experience, gold passed past wars for millenia, bitcoin is just 12 yr old
You mean a sunshine and rainbows millennial fairytale vs. reality?
And also cos he hold a big bag of bitcoins he needs to increase in value or investors in his fund will pull their money out and his fund will be forcibly closed.
Haha!! Franky boy just made a brilliant case for bitcoin by reminding us that the price of gold is manipulated by our dear governments!! Gotta love him for that!!
Saylor was a machine in this debate. Giustra comes across as defensive and found most of his arguments just involved belittling Saylor
His only argument was to shoot down Michael, not defend HIS own position
@@tomcain8652
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Michael provided a well thought out presentation backed up by facts and figures, and Frank's refutation was to basically call him unsophisticated (stupid,) crazy, and living in a fantasy world. Absolutely cringe worthy! Thanks Daniella for holding it all together!
Totally agree! Now I don’t want to make this personal.... To late Frank it’s all you have done.
I agree Megan. Frank basically admitted defeat as he had no solid facts to back himself up.
From now on, we will refer to Michael Saylor as Michael SLAYER!
Michael savior
Frank is trying to impress a generation thats not interested. Instead he's holding onto what him and his old cronies rest there laurels on. Gold and silver is so manipulated and governments/banks own most of it. Of course they won't let bitcoin compromise there asset. For now.
Saylor destroyed this debate. Only lost on the risk but Bitcoin is a baby and volatile and public acceptance isn't fully accepted or understood. Time will tell. Returns on Gold last 20 years have been dismal.
Franks Right in the Money. “Why are you telling people to lever their houses, car businesses against bitcoin, these people are going to get wiped out”
@Ralph Hammond What arguments were stronger? I would be interested to know, he seemed to very much be taking a lot of the arguments more personally than Saylor, Michael doesn't understand this, Michael has misquoted that... Ultimately the proof is in the pudding, look at relevant metrics about bitcoin, and then look at the relevant metrics around gold. Bitcoin is cannibalising gold currently as a store of value, and Micheal won this by a country mile tbf.
"This was great!" Now, I have a better understanding of Gold and Bitcoin.Thank You for making us smarter investors.
Which do you prefer? I’m on the side of gold. Physical and gold mining stocks.
@@SuperSte32" Frankie baby!! All day everyday..even your birthday!" He motivated me to research gold mining stocks and to start saving for my first gold purchase.I understand Bitcoin..I hate dealing with middleman also but, imaginary currency is not for me. When dealing with imaginary things it's hard to see the reality of anything.Frank understands reality.. Great job Frank!
@@SHADYMCGRAVYSGAMINGCHANNEL - I can feel you excitement mate.
Frank is stuck in 2010 pure and simple.
Bitcoin is the superior asset. Look at it on a log chart. It’s actually right on track for 100k this year
A really excellent debate. Very informative and instructional. Glad they both gave their time to do this debate. It can only benefit peoples understanding. Thank you.
Who do you trust?
Thanks Daniella! This is how a debate should be done.
@@stansberryresearch1572 booo
Frank says Bit has no history of being tested in a financial crisis...Guess what, during recent hyperinflation in Venezuela and Brazil -- they chose Bitcoin.
Exceot those examples are NOT financial crisis. Those are social political breakdowns of society. When a society's social and political structures breakdown so does the financial system. Totally different from a financial crisis like 2008.
@@ricoau_ag_stackz2419 Their money collapsed. They flocked to Bitcoin. That is all.
Why do the political and social implications make the underlying financial crisis any different when it comes to the stress test of Bitcoin ?
@@TonyChester Also flocked to Gold 🤷♂️
The examples you used did NOT test botcoin at all. Thats the matter of our discussion. And its a matter of fact 🤷♂️
@@jamarmays8667 It makes it different because in a scenarios like he tried to use the people are trying to flee the currency of their State. That scenario does not test safe haven assets like Gold and supposed safe haven assets like bitcoin.
In a true financial crisis even safe haven assets get tested, meaning they get pressured to the downside. BUT, unlike the stock market and other risk on investments, Gold and other safe haven assets will reverse from the downside and appreciate in price quickly because investors flee risk-on investments, like stocks, and go into safe haven assets like gold.
Buying gold and silver as the store of value, speculating on cryptos and enjoying the returns.
You're spot on in your views.
Buying Bitcoin to HODL and speculating on gold. Silver is crap.
It's all about pump and dump until "they" come up with their own cryptography. What a brilliant idea to screw everone.
They are both a different animal! But for now I’ll take gold before Bitcoin. I’ll wait until Bitcoin hits 12,000 before I guy in again. 👍🏼
Keep waiting
It’s almost $40,000 today
It is funny that Frank uses emotion and Michael uses facts but Frank calls Michael idolistic
There is such a thing as emotional intelligence, Frank is probably trying to look out for the folks who might be negatively impacted by people like MIchael claiming you should borrow money against everything and buy an already overbought asset.
Frank is realistic !!
After watching this it just ensures me that I need to buy more bitcoin lol
I agree with Frank but I didnt like his approach, trying to insult Michael's intelligence in a few instances.
@@toms8483 Exactly, he tries to denounce Saylors understanding of topics repeatedly. He's trying to discredit Saylor as much as he is trying to discredit Bitcoin. Saylor not playing into this game is perfect.
This was lengthy but worth it, Michael weathered some personal attacks and did a great job in staying neutrally on track, thanks to the three of you this was enjoyable.
I'm even more bullish on bitcoin after this debate, especially the ending. Frank says that if there is a major correction, he has money on the side waiting for this. I don't think we understand how much money is on the side for the next dip yet. If it ever happens, the recovery will be even bigger than anything we ever seen.
Yes, he's willing to buy as a speculative bet, not as a store of value, which is what Saylor is claiming bitcoin to be.
@@504_HotBoy no matter how they define it, it does not matter. They want in
We are in the dip. Just watch 7-10 days from now.
What if Bitcoin's next major correction is from 100K to 70k? What if it happens while Frank is asleep, and by the time he wakes up, it's already back at 85k? And, if something like that does happen, how would Frank know that it wouldn't just keep falling after he buys some?
If he knew what he was talking about, he'd know that the best time to buy Bitcoin was 2011, the second best time is now, and the absolute *worst* time is while trying to anticipate "the next dip."
We're in the dip. It's right now.
Probably one of the best debates I have ever heard in my life thank you so much
Truly a historic debate that people 500 years down the road will be talking about, bravo to the three of you!
Great perspective AF ! Tge conversation continues. )
@@catseyes2334 why ppls who have bitcoin cant spend it ?
In 6 yrs it will all be forgotten. Michael must be having a fit now that the IRS is sniffing out unpaid TAX & deliberate Tax Evasion. Time's up on Bitcoin & other decentralised Cryptos.
Make way for $Coin, €Coin,£Coin, ¥Coin.
ChinaCoin is already in use !😅😆
I admired how Saylor got his points across without getting personal. Unlike guistra who seemed to have a chip on his shoulder, taking personal pops and using unnecessarily evocative language. For me Saylor won the debate … what do you think?
Saylor won the debate and I sell gold for a living. Just sayin'
Saylor. By far for me.
@@tacerequerella1716 + 1 ( 4 0 5) (4) (5 8 8) (3 3 1)
Saylor absolutely won the debate. He didn’t make it personal once, and he was articulate, on point, and quite emotive
This is going to be the best debate of the FRIGGIN YEAR! SO so happy to be watching this. History in the making!
This debate is perfect. Shows both sides for who they really are.
Nice quote there Frank where you said "central banks who 'manage' and monitor the value of gold is a necessary evil."
You really get to know somebody based on their view of bitcoin. If they don't support it, it's always for self interest or they are misinformed. It really is that simple.
Saylor is on fire! I loved every minute of this. Thank you.
And has laser eyes!!! 😂
...and Frank brought him down to earth.
@@brian6x Don't get me wrong, I mean it's always good to view things from a different vantage point and I like Frank and but he wasn't on the same level with Saylor.
This was the most intelligent debate with the nicest most professional moderator I have ever seen.Main streem tv is 💩...
This IS what people want to watch.Outstanding.Thanks
Hello
The most interesting thing is how Frank attacks his opponent with machiavellian preconceptions about his integrity while Michael just ignores all of them.
Like they do on the Muppet Show.
Michael is just brilliant.
I agree 👍 for Michael.
Frank kicked his arse. Gold is true store of value. Bitcoin will simply not exist one day. Notice why the Bitcoin logo is gold in colour to create the perception that Bitcoin has the good traits that gold has. Gold and other precious metals last forever.
@@SuperSte32 🤣🤣🤣
As a guy that can’t play the gold or Bitcoin speculative accumulation game I can still understand that a gold nugget will still be under your mattress when the lights go out.
If the lights go out the only things that will be valuable are food water and guns
@@domman1077that’s a lie because you can’t afford gold .
if the lights go out everywhere in the world at once, youre gonna have much bigger problems 😂
@@XantinwoX Huh?
@@afonsomendes6907
There’s no doubt of that but tangible objects will still be more valuable than “vapor wear”. Bitcoin is a first world luxury item. That’s the beauty of capitalism and leisure time…people have time for thinking up “stuff”.
My god Daniella where were you when the Federal candidates during the Canadian federal election had their debate. You have done an excellent job in moderating . You make the Canadian press look like the amateurs that they really are! Well done Daniella. Bravo.
Canada can't afford Daniella, that's why they had to settle for the sh!tcoin of people: Kevin O'Leary.
This was much more serious than I had anticipated but very interesting none the less. Michael talks a good talk but I'm with Frank on this one. Gold is real, bitcoin is imaginary, just like the perceived value of the paper currency from which the governments steal your money through inflation ! Bitcoin is a speculation not an asset, Michael is obviously a very rich and clever businessman but it doesn't mean he can't be wrong on bitcoin! Don't bet more than you can afford to lose ! 😉
After watching this debate...I'm selling my Gold.......and buying more Bitcoin.
🚀🚀🚀
Michael wins it with this question "If you're only going to invest 10% of your portfolio in gold, what are going to invest your other 90% into?"
Does the toilet count? About the same odds as w/bitcon.
Silver, guns, bullets and real estate. Not bitcoin.
Real estates stocks etc
@@angeredjudge have fun buying real estate in this market....
@@SMarie5541 will do
Hello, I'm new to Biticon trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong
Please someone should help me here.... I lost $7500 on live trade. I thought live trade is the same as demo trade because I was winning with my demo trade account. Please this is quit frustrating. what should I do?
How Daniela is not a tv star is beyond me 🤔 perfectly done
Why would she want to be a tv star that’s so 1990s. Tv wishes they were CZcams stars
What is TV? 😆
@@drackotheguitarist So true you can't be your self on main stream TV
@@jessedavis7461 😂🙏✌️
Please don't ever let that talent get infected by TV. Just look at the Talking heads on CNBC not an individual thought between them.
This makes me love CZcams even more. Where on TV can I watch a debate between my two favorite things...gold & Bitcoin. Well done CZcams in my opinion CZcams is worth more than gold and Bitcoin combined
As long as you talk about things that the YT idiots don't think will disturb the political power, they're fine with you. Democracy is evil...
YOuTube?? mmmm... that's like thanking the school BUILDING for all the learning happening there...
It might be interesting to have Dave Ramsey in this debate. He hates bitcoin and gold.
Michael knows his subject so well, speaks from the heart, no need for notes. Because of total belief. Frank you're out paced man.
I agree. Saylor is great - but he’s glancing toward notes basically the whole time.
@@jamesplozza2258 I noticed that too, but he was smooth. And knows his subject matter well. Cheers mate.
Hes reading notes obviously
The central banks have made an ongoing attempt to discredit gold. Selling it with a paper promise of 62000 times the actual existence of physical gold should be the first clue. The real battle is WHO will be able to control the wealth of ALL currencies.
True man give it to him raw with out the oil saylor tore him a new one
Interesting debate. In my opinion, Michael makes clear points that address the actual concerns of the debate while Frank attacks Michael directly.
Bitcoin wins.
Frank, please answer the questions at hand next time xD