Gold vs Bitcoin: What Makes Real Sound Money? (Uncut) 03-30-2025

Gold vs Bitcoin: What Makes Real Sound Money?

If you’re not looking at the real problem, how can you come up with the real solution? What’s the real solution? Sit and sound money for a minute. Let this whole thing crash. You need a sound foundation and a way to convert that money into hard assets or other things.

Cryptocurrencies don’t do that yet. This is a brand new product that they just came out with in 2009. So we have gold and silver as commodity money, savings-based, stores energy, and it’s used in every single sector of the global economy.

It requires fiscal responsibility. It’s in your control. You hold it, you own it, it’s private, and it’s got a 5,000 or more year of history being money above all central banks, above all governments.

They wanna keep it in this form so that it’s in their control. It is time to transition. There is no purchasing power left, and the reason why markets aren’t working the way they were supposed to work or people expected them to work is because we’re at the end of that cycle, period, end of discussion.

So if you’re not looking at the real problem, how can you come up with the real solution? What’s the real solution? Sit and sound money for a minute. Let this whole thing crash. What will happen? Boom, it’ll go to its fundamental value.

But I’d still tell you, don’t be blinded by numbers. I have this $10 trillion Zimbabwe dollar, and I can’t buy anything with it, and I’m a trillionaire, right? It doesn’t mean anything. So gold’s going up to $40,000, $100,000, $500,000.

What does that really tell you? Does that tell you everything is hunky-dory and you’re gonna make a whole bunch of this off of that? No, because when that happens, you’re gonna understand this has zero value, zero. This retains your ability to purchase the same goods and services and expands your ability to have the wealth transfer, transition your way. That’s it.

You look at this money, gold and silver, four functions. It is a tool of measure, right, so we can price things, a tool of barter, so I agree to accept this for that, right, barter. It is a short-term store of value, so I’m fairly paid for my current labor, and it is a long-term store of value, so that no matter when I use that money, I’m always fairly paid for that labor.

Those are the four functions. This takes that long-term store of value away. Now we’re down to three functions.

We go digital, here, this is my Bitcoin. It’s an image of a Bitcoin because you can’t hold it like this, right? It’s gold, so that you’re thinking, oh, it’s just like gold. No, it’s not.

This does not store energy, and I have to be an engineer in order to understand it. That’s a little challenging. I’m 70 years old.

I really don’t wanna go back to college for eight years, and I don’t know what they teach me there anyway at this point. Did not teach me about money when I was growing up in grade school. Why? Because if you understand that, then you go, no, no, no, that’s not okay with me.

Get prepared. I’d rather be, I don’t care if I’m 20 years too early. I mean, honest to God, I wish that I had started accumulating this when it was legalized again, because I could buy a really nice leather purse with 20 bucks and this, you know, or 35 bucks, which is what that was at that time.

Boy, what’s that purse worth now? I don’t even have it. But the gold is worth a whole lot more than that.