World Gold Council CEO: Bitcoin is Going to ZERO

本站添加: 2026-05-25

[00:00:00]What is your thought on Bitcoin? Being called digital gold? I know. My personal opinion on Bitcoin is that it's going to go to zero.

[00:00:09]Wow. That's my personal >> Tell us more. My personal opinion. Wow.

[00:00:14]Ouch.

[00:00:15]>> [laughter] >> Tell me more.

[00:00:17]>> it's an anti-gold thing. I think if you have gold in your portfolio you should have Bitcoin and vice versa. If you have Bitcoin in your portfolio, you should have gold. I think it's because it's a um they are you've noticed in most of the crises that Bitcoin has is a fairly correlated with um risk assets in general. I don't think it meant to be that way. I thought it was meant to be an offset, something that you could compensate for having exposure to risk to risky assets. It was meant to disassociate itself from risk assets and it didn't really do that to that extent.

[00:00:53]And so if you if you have gold in your portfolio, which I think everybody should because it does the opposite of everything, simple as that.

[00:01:02]Then if you have Bitcoin and you're a Bitcoin lover, it makes sense to have gold. And vice versa because they offset each other.

[00:01:08]My personal opinion is that I see that a use for stable coins. Um I see them in the institutional level, very much so, whether they're asset backed or whether they're real world asset backed or otherwise or fiat backed for their various uses. But I can't see I can't see how it's going to be sustained in the very very long term.