What predictions did the speaker make regarding the price of gold in 2021?
I'm Not a Fan of Bitcoin: Blackstone's Wien
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The video discusses the performance of gold in 2021, highlighting its role as a hedge against inflation. It contrasts this with Bitcoin, noting its volatility and questioning its viability as a stable investment. The speaker expresses skepticism about Bitcoin, preferring gold for reserves due to its stability. The discussion also touches on the potential for cryptocurrencies to gain respect and the role of Wall Street in legitimizing Bitcoin.
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1.
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2.
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What are the reasons the speaker believes gold will perform better than Bitcoin?
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3.
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In what context does the speaker mention inflation and its impact on gold?
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How does the speaker view Bitcoin in terms of its investment potential?
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What does the speaker mean by referring to Bitcoin as a 'trading vehicle'?
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