Founder of One of Switzerland’s Largest Gold Companies Speaks About Bitcoin

Von Greyerz partner Matthew Piepenburg has compiled some of the most interesting analyses on the future of financial system as the world’s economy is facing a severe debt crisis and currency devaluation.

On the New Era Finance Podcast, Piepenburg discussed ways for investors to get out of the current system, how different is gold from Bitcoin and what will be the imminent threat of Central Bank Digital Currencies (CBDCs)?

Piepenburg has long been a proponent of gold, but admits that using gold as payment in everyday transactions is not practical. Then he says ‘You can’t go and buy a house with. gold bar,’ describing his plan as follows “Save with gold, spend with fiat currency. Piepenburg says that when technology merges with the currency crisis, “tokenization” of everything (including gold) has become an inevitable process.

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People have lost faith in the traditional financial system and are looking for an alternative,” Piepenburg said. The expert added that “People are choosing gold, Bitcoin or both of these two strongest alternatives,” claiming ‘We have either the best option between Bitcoin and gold. A key reason for this is to escape the rule and constantly depreciating fiat currency system. Paraphrast.

Piepenburg explains that Bitcoin is “a pioneer of an age where everything goes online”. Despite its dependence on physical gold, the expert says that “tokenization” process has been initiated by the marriage of technology with currency crises. The digitalization and tokenization of all assets, including gold, is now an unstoppable process, Pieppenburg said. However, in this respect Bitcoin, with its decentralized structure, stands against the “control and surveillance” systems provided by the traditional system.

*This is not investment advice.

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