X22Report Finanical Report
This podcast is good overall, except when it comes to the financial discussion. For over a decade, X22 Report has been promoting gold and silver while repeatedly predicting that gold would eventually skyrocket and that we would return to the gold standard.
It turns out that X22 Report underestimated the plan. The Patritos knew that a gold standard does not work and that the narrative that gold has been used as money for thousands of years was a lie. The Patriots therefore needed to create a new monetary system because gold is relatively abundant throughout the world. Gold will still be needed for manufacturing and other purposes, which will send gold to around $10 an ounce. The bankers have been hiding this truth from the public.
Stablecoins are garbage and essentially fiat trash, but they are necessary because the US needs to maintain control over the monetary system while it battles the Deep State. The U.S. cannot maintain the same level of control if the world moves to a fully Bitcoin system.
Ultimately, the end goal is for Bitcoin to become the world's new financial system. Fiat advocates and gold advocates cannot easily accept this possibility because doing so would mean admitting that many of the assumptions they have held for their entire lives were wrong. For many people, that would be an extremely difficult realization, and the transition could create enormous chaos if the truth were revealed all at once.
The gold bugs suffer from BDS(Bitcoin Derangement Syndrome). They have been conditioned by the gold industry to believe that gold is inherently superior as money and that it has served as money continuously for thousands of years. In reality, gold's was only used for about 300 years.
Both X22 Report and Bill seem to have difficulty accepting this possibility, but Dave is finally starting to recognize that Bitcoin is not going away. It is only a matter of time before Dave fully accepts that Bitcoin will become the new world's new financial system.
https://rumble.com/v7f353u-bill-holter-the-great-economic-transformation-is-in-progress-gold-is-about-.html#x22report
