When it comes to sound money, trader and financial educator Tone Vays argues bitcoin is the most robust among cryptocurrencies. Its unrivaled decentralization and security properties make bitcoin resistant to censorship, confiscation, and manipulation.

Tone, who worked on Wall Street for 10 years prior to discovering bitcoin, sees gold and other precious metals as wealth protection and potential trades, rather than long-term investments because they resist inflation but pay no dividend. In contrast, he believes bitcoin will gain value over time and be the one asset that people can use across borders, once central-bank digital currencies become mainstream.

The Gold Newsletter podcast is proudly sponsored by Inventa Capital, a premier investment group with a first-rate portfolio of mining companies. Visit Inventa’s website to learn more.

Show notes: https://goldnewsletter.com/podcast/what-makes-bitcoin-crypto-gold-standard/

What Makes Bitcoin the Gold Standard of Cryptocurrencies | Tone Vays

The Gold Newsletter Podcast, hosted by Fergus Hodgson and Brien Lundin, is your home for investment, economics, and geopolitics. It is a project of Jefferson Companies, which publishes Gold Newsletter and hosts the New Orleans Investment Conference. For show notes, go to http://goldnewsletter.com/podcast/.

The Stateless Man is a radio show, blog, and e-newsletter devoted to the pursuit of individual liberty beyond arbitrary borders: international living, financial independence, and personal sovereignty. Please check out the Facebook page for greater engagement: https://www.facebook.com/FergHodgson