One Investment Is About To Lose 99.5% Of Its Value | Michael Saylor
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https://youtu.be/HHbxPpEHEZk
Michael Saylor explains why we are heading for an exodus of the current FIAT system. Find out why FIAT Currencies are losing 99.5% of their value over 100 years and how Bitcoin can solve this problem. What is your take on this dilemma? Let us know in the comments below!
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Crypto Banter is a social podcast for entertainment purposes only.
All opinions expressed by the hosts, guests and callers should not be construed as financial advice. Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research.
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00:00 Exodus from the FIAT System
00:28 Recession or Printing Money
01:05 Gold Standard
01:15 Gold Not Perfect Money
01:20 Half-life of Gold
01:44 Gold is Stable Money
02:04 Perfect Money = Deflation
02:14 FIAT Money = Rampant Inflation
02:24 Purchasing Power Debunked
02:36 House Prices Example
02:55 Real Loss of Purchasing Power
03:07 S&P Index
03:20 99.8% Loss of Value over 100 Years
04:05 Age Metaphor
04:30 A Parasitic Situation
05:02 The Story of Every Empire
05:19 Gold is Double Imperfect
05:54 Engineered Perfect Money
06:14 Russia & China Hit by a 2x4
06:40 Gold is Centralized
06:49 Bitcoin is the Better Idea
07:04 Half-life of Currencies
07:43 Energy Death or Bitcoin
07:57 Watch the Full Banter: https://youtu.be/HHbxPpEHEZk
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