Why is Gold winning the trust war against Bitcoin right now?

Added: 2026-06-03

[00:00:00]Yeah, I mean one thing I forgot to mention in terms of proving the Bitcoin thesis. You know, we saw gold this year perform tremendously well. And what that is is look gold at some level has the same thesis as Bitcoin, which is that the fiat side is going to continue to go down um and so get into gold. And what happened was that particular fear grew.

[00:00:21]You know, you hear Ray Dalio talking all the time about uh the cycles that we're in at the at the macro macro level.

[00:00:29]And and people were like, yeah, they agree with that. But they may not understand Bitcoin. And if you're an investor, you should not invest in things you don't understand, right?

[00:00:37]No discredit to Bitcoin here. Just this is this is this is anybody smart. You should not invest in stuff you don't understand. Um but gold they do understand. And so they buy gold.