Part 1/11:
The Rise of Bitcoin: The End of Gold and the Dawn of Digital Money
The Flawed Nostalgia for Gold
In a passionate and fervent talk, Adam Livingston, known as the Bitcoin Wizard, dismantles the centuries-old idolization of gold as the ultimate store of value. He pokes fun at gold bugs, pointing out that many seem stuck in a time capsule, dreaming of returning to the gold standard and still clinging to relics of a bygone era. Livingston vividly describes this demographic as having a “glazed doomsday preppy look,” whispering hopes of a return to the monetary system of the Roman Empire, despite the reality that gold’s supremacy ended long ago.