Search

Home > The Money Podcast > Gold -vs- Crypto | Pros & Cons of Physical Gold -vs Cryptocurrency
Podcast: The Money Podcast
Episode:

Gold -vs- Crypto | Pros & Cons of Physical Gold -vs Cryptocurrency
Category: Business
Duration: 00:23:33
Publish Date: 2024-06-11 00:00:00
Description:

Rob talks all about currency exploring crypto -vs- gold and traditional cash. They discuss the pros and cons of crypto and physical gold and outline how this is impacting the current economic climate. 

KEY TAKEAWAYS

  • The tech built to support crypto will have a lasting legacy.
  • Crypto volatility is one of the main issues with it as a currency
  • There is still not enough security to protect against wide-scale cyber attacks for cryptocurrency to be a viable mainstream option
  • It’s important to accept that the government can take physical assets including gold.
  • Owning gold is private, it isn’t tracked in the same way as something like crypto.
  • Before every crash, you will see institutions taking liquidity out of the stock market. The opposite can be seen in the market for gold.
  • A banks ability to survive is based on being able to make money and they make money by lending out the money we as customers give them

BEST MOMENTS

"The technology behind cryptocurrency is great”

“A lot of people lose everything”

“The chances of some of these coins is minimal”

“You can clearly see that central bank demand, hedge fund and institutional demand [for gold] is increasing dramatically”

 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

See omnystudio.com/listener for privacy information.
Total Play: 0

Some more Podcasts by Rob Moore

1K+ Episodes
The Disrupti .. 200+     10+
2K+ Episodes
The Disrupti ..    
500+ Episodes
The Money Po ..