American Consequences - May 2021

VS GOLD

has the same rights. A person with $100 of bitcoin has the same security as $1 billion of bitcoin. The crypto safely stores your property in cyberspace, unseizable by force, encouraging peaceful negotiations rather than coercion. Frank conceded the point that blood was spilled for gold but says that only proves his point that gold’s value is something worth fighting for and dying over. And who’s to say that by 2050, digital soldiers won’t be vying over bitcoin, with the casualties being personal data instead of human life?

If they can hack the U.S. Defense network with secret backdoors built into the hardware, who’s to say it can’t happen with bitcoin? But Michael fires right back, pouncing on the bloody history of gold, rattling off everyone from Alexander the Great to Cortes to Nixon, noting that gold always invites violent asset seizures throughout human history. He details that bitcoin security, transport, and auditing are nearly free. These processes are unregulated and egalitarian – everybody

INDUSTRY LEADERS DUKE IT OUT EXCLUSIVE DEBATE

It's the showdown that everyone's talking about...... MicroStrategy CEO Michael Saylor versus gold financier Frank Giustra in the ultimate bitcoin versus gold battle. Daniela Cambone moderates. CLICK HERE TO CHECK OUT THE ACTION

American Consequences

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