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โถ CEX Website: cex.io
#RiskOn #RiskOff #Bitcoin #InflationHedge #Gold #Bonds #Inflation
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Will Bitcoin Eat Gold? FIAT, Gold & Bitcoin
The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
0:00 Introduction
1:00 Inflation and Purchasing Power Inflation reduces the value of a currency’s purchasing power. Purchasing power affects every aspect of economics, from consumers buying goods to investors and stock prices to a country’s economic prosperity.
2:00 US Dollar Purchasing Power
3:00 Other FIAT has done worse
4:00 Gold Purchasing Power kinda stable – Gold shows a tendency of increasing in purchasing power, which might reveal inflation numbers published by governments are too low.
5:00 U.S. Dollar Devalues By 99% vs. Gold In 100 Years In 1932, the gold price was $20.67 per troy ounce. Aug 2020, it crossed $2,067.
6:00 Giant Asteroid with $700 Quintillion Gold 16 Psyche $93B per person! Takeaway: Gold infinite supply vs BTC finite supply
7:00 Gold, An Inflation Hedge Against FIAT But is it a good investment?
8:00 Gold Versus Stocks
9:00 Real Inflation Rate Unbiased private-sector efforts to calculate the real rate of inflation have yielded a rate of around 7% to 13% per year, depending on the locale โ many multiples of the official rate of around 1% per year.
Source: Business Insider
10:00 US Inflation Example Last 10 years 13-20% of income spent on Health Care The average premium for family coverage has increased: 22% over last 5 years 54% over last 10 years
11:00 Gold Appreciation LessLoss of Purchasing Power US Govt Published CPI – Gold lost -9.70% over 10 yrs -10%
12:00 Assuming 5% loss of purchasing power – Gold lost -24.51% over 10 yrs Gold Appreciation Less Loss of Purchasing Power -25%
Assuming 7% Loss of Purchasing Power – Gold lost -40.91% over 10 yrs Gold Appreciation Less loss of Purchasing Power -41%
13:00 Gold vs FIAT vs BTC: Gold vs FIAT vs Bitcoin Bitcoin vs Gold From 139 BTC per Oz to 26 Oz per BTC Purchasing power fell over last decade. Unless it rises more than 7-15% pear year loss of PP is guaranteed. less volatility and loss of purchasing power of FIAT is guaranteed. Volatility and price appreciation of Bitcoin is guaranteed
14:00 Gold is going to lose 41% in US Dollar purchasing power over the next ten years. If History Repeats
14:20 All Roads Lead To… Bitcoin
14:30 Watch for Gold Bugs
14:40 Patreon
14:45 SCAMMERS ME
โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
Youtube version
