Why Is Bitcoin Stalling While Gold Soars? | Jeff Park
from The Pomp Podcast Hosted by Anthony Pompliano
Jeff Park is a Partner and Chief Investing Officer of ProCap BTC. In this conversation we talk about what is going on with bitcoin and gold, should we be worried about bitcoin lagging gold’s performance, how to think about bitcoin as living software, durability of bitcoin vs gold, and a new theme referencing the retardification of society. ====================== Check out my NEW show for daily bite-sized breakdowns of the biggest stories in finance, technology, and politics: http://pompdesk.com/ ====================== Core is the leading Bitcoin scaling solution, enabling you to lock in yield by locking up your Bitcoin. Simply lock it on the Bitcoin blockchain to secure the Core network, and get rewards. No bridging. No lending. Just holding. Still your keys. Still your coins. Now your yield. Start at https://stake.coredao.org/pomp ====================== BitcoinIRA: Buy, sell, and swap 75+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to https://bitcoinira.com/pomp/ to earn up to $500 in rewards. ====================== Timestamps: 0:00 - Intro 2:02 - Why gold is ripping and bitcoin is lagging behind 8:11 - Global financial markets and why London is struggling 14:23 - Durability of gold, fiat, & bitcoin 17:25 - Will bitcoin catch up to gold? 26:44 - How investors view bitcoin as living, breathing software 37:51 - The impact of the retardification of society on financial markets
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