What is blockchain-powered gold and can you buy coffee with it?

What is blockchain-powered gold and can you buy coffee with it? | London Blockchain Conference

Рет қаралды 1,629

Күн бұрын

The beauty of a monetary system-one that’s built on the #blockchain-is that it allows people to buy something inexpensive as a cup of coffee. At #LDNBlockchain23, economist Peter Schiff shares his ideas about the role blockchain and gold can play in the global monetary system and the inevitable financial turmoil he says is right around the corner.
Hear about the future of blockchain governance at the London Blockchain Conference taking place at ExCeL London on May 21-23, 2024. Get your tickets today! #LDNBlockchain24
Timestamps:
00:00 - Introduction
00:08 - Peter Schiff's keynote presentation intro
00:20 - How blockchain reintroduce gold in finance
02:24 - What happened in 1971?
03:45 - US's annual budget deficits
04:47 - Massive Economic imbalance bubble and inflation
06:45 - Future of gold replacing US dollar with blockchain
08:46 - Bitcoin's selling point vs. gold
11:38 - Reintroducing a superior form of money
15:17 - What will drive the use of real money on blockchain?
18:39 - Using gold for money
19:39 - Authenticating digital currency's legitimacy with blockchain
20:41 - Gold's value, properties and use
22:21 - How do we use blockchain to reintroduce gold?
24:45 - Peter Schiff's keynote presentation end
25:00 - Question and answer starts
25:41 - More value-adding future for BSV
27:55 - Digital gold alternative to CBDCs
31:01 - Digital currencies traceability
34:50 - Peter Schiff's definition of a perfect blockchain
35:55 - Will frictionless blockchain be free?
37:50 - Cheap, transparent blockchain to print gold-backed tokens
41:18 - Why gold is an integral part of the Bitcoin ecosystem
► Hit #Subscribe & #HitTheBell so you don't miss out on any new videos!
-----------------------------------------------------------------------------------
► Our Links:
Facebook ► / realcoingeek
Twitter ► / realcoingeek
Instagram ► / coingeek_official
LinkedIn ► / coingeek
Telegram ► t.me/RealCoinGeekDiscussion
Web ► coingeek.com
---------------------------------------------------------------------------------
CoinGeek is the authority on blockchain technology, with a focus on the original #Bitcoin, the BSV blockchain.
CoinGeek provides you timely news on the latest developments in the industry and features the brightest and most creative minds in the community to give you the best insights on the current state and direction of the technology.
#CoinGeek

Пікірлер: 23

@ThomasJamesArt251 Ай бұрын

He is 100% correct, and he needs to know about BSV and what it can do with Gold and Silver the real money on the real Blockchain which is BSV

@sangstar1 Ай бұрын

Excellent Speech Mr. Peter Schiff, and excellent input😎👍👍👍👍

@jillbetts1241 Ай бұрын

What a fabulous and enlightening discussion. Peter is such an eloquent speaker. Thank you

@alfellati Ай бұрын

He's getting there.

@JackAtkins-xz5wi Ай бұрын

Jesus Christ needs $100 million for new clothes

@thefrankfish Ай бұрын

One say they will stop trying to copy bitcoin and just use it.

@n1mbusmusic606 Ай бұрын

We will tokenize gold with bsv Problem is if it's digital they can sieze whenever they wish

@TB-ki1ux Ай бұрын

TapLike &Comment 4AIgos

@tobyncummins Ай бұрын

XRP is planned for this.

@AIM-od9nr Ай бұрын

He doesn't understand how blockchain works.

@Gutek.1 Ай бұрын

😉👍21.

@JackAtkins-xz5wi Ай бұрын

Completely disagree

@JackAtkins-xz5wi Ай бұрын

King Charles stole all of my gold

@wtpwtp Ай бұрын

Very faulty idea. Such a blockchain would not really backed by gold, because individuals could not exchange it in for actual gold.

@planb6504 Ай бұрын

Talks about flaws of a central bank then proceeds talking about some dude banker can be “trusted” with “insurance”. And….. people will fall into the same trap 🤣🤣🤣

@ketonesnotglucose4978 Ай бұрын

This guy still takes his family to McDonald's 😢

@1derShorts Ай бұрын

Garbage video from a year ago.

@satoshischrockamoto Ай бұрын

Nothing is "powered by blockchain", but it'll take billions of dollars in grifts and listening to erroneous speeches by luddite gold bugs for a lot of people to figure this out. Stop wasting your time and study Bitcoin.

@tonyfaulknor8273 Ай бұрын

Why is this guy at a Bitcoin conference, talking about what BTC Segwit Epstien coin, can and can't do? Bloody hell, him and George Gammon, I don't know what's with these guys. For the last f'ing time, Earth is flat, and BTC isn't Bloody Bitcoin.