create account

Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold by finprep

View this thread on: hive.blogpeakd.comecency.com
· @finprep ·
$161.55
Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold
Barry Silbert is one of the biggest Bitcoin supporters there is. 

He was able to purchase 48,000 Bitcoin for $350 in 2014.  With the price of $8,000 presently, he received a fantastic return.  His view is there was no better investment over the last 5 years than Bitcoin.

The run is far from over in his view.  In this video, he compared Bitcoin to gold.  He feels that people should dump their gold for Bitcoin because it can provide the same store of value with a few other benefits.  The fact that Bitcoin has a utility to make global payments far exceeds gold's minimal use case for jewelry and electrionics.

Gold is a $7 trillion market while Bitcoin is around $100 billion.  Seeing gold move to $20 trillion requires a large move.  Bitcoin at $300 billion is not outlandish.

Click on link to view video.

https://www.marketwatch.com/video/sectorwatch/why-bitcoin-tycoon-barry-silbert-thinks-bitcoin-will-replace-gold/3F359567-8A6C-4751-9CE3-7DE6735E0382.html?mod=mw_theo_homepage
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 142 others
properties (23)
authorfinprep
permlinkwhy-bitcoin-tycoon-barry-silbert-thinks-bitcoin-will-replace-gold
categorybitcoin
json_metadata{"tags":["bitcoin","gold","investment","value","sharingcontent"],"links":["https://www.marketwatch.com/video/sectorwatch/why-bitcoin-tycoon-barry-silbert-thinks-bitcoin-will-replace-gold/3F359567-8A6C-4751-9CE3-7DE6735E0382.html?mod=mw_theo_homepage"],"app":"steemit/0.1","format":"markdown"}
created2019-05-21 17:32:36
last_update2019-05-21 17:32:36
depth0
children5
last_payout2019-05-28 17:32:36
cashout_time1969-12-31 23:59:59
total_payout_value122.478 HBD
curator_payout_value39.067 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length989
author_reputation1,219,183,474,171,996
root_title"Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id85,255,585
net_rshares276,306,994,864,178
author_curate_reward""
vote details (206)
@daniel.gz20 ·
excelente publicacion
👍  
properties (23)
authordaniel.gz20
permlinkprzcac
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2019-05-23 23:08:36
last_update2019-05-23 23:08:36
depth1
children0
last_payout2019-05-30 23:08:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length21
author_reputation-51,177,472,003
root_title"Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id85,385,350
net_rshares377,399,849
author_curate_reward""
vote details (1)
@enkiangames ·
I think it would be a safe move to hold some of both. Keep that portfolio diverse. Both BTC and gold have their purpose.
properties (22)
authorenkiangames
permlinkps0s9f
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2019-05-24 17:51:15
last_update2019-05-24 17:51:15
depth1
children0
last_payout2019-05-31 17:51:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length120
author_reputation5,345,981,103
root_title"Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id85,429,656
net_rshares0
@hermandadsteem ·
¡Gracias, fantastico...saludos...!
properties (22)
authorhermandadsteem
permlinkre-finprep-why-bitcoin-tycoon-barry-silbert-thinks-bitcoin-will-replace-gold-20190521t173815767z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2019-05-21 17:38:18
last_update2019-05-21 17:38:18
depth1
children0
last_payout2019-05-28 17:38:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length34
author_reputation143,015,553,933,852
root_title"Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id85,255,859
net_rshares0
@orangesharks ·
I'm going to drop the gold, aren't you?
![line.jpg](https://ipfs.busy.org/ipfs/QmTjXHNGkYft2wXyJvgj68Sc692DiKiei2jRrXv8mpdn4c)
**My Discord:** [https://discord.gg/7gbREDZ](https://discord.gg/7gbREDZ)
**My Telegram:** [https://t.me/orangesharks](https://t.me/orangesharks)
![728x90.gif](https://cdn.steemitimages.com/DQmaARPSQgbbu8UGDxkdAgjzQFdfTnU8umuoALwYSbPUFbV/728x90.gif)
👍  
properties (23)
authororangesharks
permlinkre-finprep-why-bitcoin-tycoon-barry-silbert-thinks-bitcoin-will-replace-gold-20190523t130855600z
categorybitcoin
json_metadata{"community":"busy","app":"busy/2.5.6","format":"markdown","tags":["bitcoin"],"users":[],"links":["https://discord.gg/7gbREDZ","https://t.me/orangesharks"],"image":["https://ipfs.busy.org/ipfs/QmTjXHNGkYft2wXyJvgj68Sc692DiKiei2jRrXv8mpdn4c","https://cdn.steemitimages.com/DQmaARPSQgbbu8UGDxkdAgjzQFdfTnU8umuoALwYSbPUFbV/728x90.gif"]}
created2019-05-23 13:08:51
last_update2019-05-23 13:08:51
depth1
children0
last_payout2019-05-30 13:08:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length375
author_reputation6,969,822,986
root_title"Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id85,360,202
net_rshares368,868,516
author_curate_reward""
vote details (1)
@steemium ·
steemium-comment-1558608567061
About 103.95$ has been spent to promote this content using [Steemium.](https://steemium.com/?ref=why-bitcoin-tycoon-barry-silbert-thinks-bitcoin-will-replace-gold) <br> Learn more [here!](https://steemit.com/steem/@steemium/annoucing-steemium-steem-promotion-made-easy-cheap-and-intelligent)
properties (22)
authorsteemium
permlinksteemium-comment-re-finprep-why-bitcoin-tycoon-barry-silbert-thinks-bitcoin-will-replace-gold-20190523t104927060z
categorybitcoin
json_metadata{"app":"steemium"}
created2019-05-23 10:49:27
last_update2019-05-23 10:49:27
depth1
children0
last_payout2019-05-30 10:49:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length292
author_reputation14,451,205,037,129
root_title"Why bitcoin tycoon Barry Silbert thinks bitcoin will replace gold"
beneficiaries
0.
accountsteemium.vote
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id85,353,545
net_rshares0