Crypto Voices

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

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, cov...

2023-05-19

Episode notes

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.