Ya true! Ivan did a good job but he did not successfully argue in favor of cryptocurrency. He actually clearly agrees about it being a bubble but says the only thing he disagrees with is how long until it bursts, he thinks there is at least 3 years or so. I’ve heard Peter , pub Peter. say many times he does not think BTC is a bubble. Ivan also let Peter Schiff say all the people into crypto this last year are only in it for greed. Schiff used the word greed a lot and said things like “millenials living with parents cause they don’t want to sell their btc” and " those who sell at 2000 will be the ones looking smart not those buying at 10,000 or 20… " He said so many FUD things, Schiff painted a very negative picture. People into crypto are either young naive millenials or greedy stupid people who hopefully get out before it blows up in there face. Nothing is ever so black and white. Traditional market wall street people have massively greedy people and many people into gold are into it for gains because they hear Schiff or Rickards saying how global economy will tank and gold will be 10g’s an ounce. Also , like he likes to say how crypto people will get burned cause they are greedy and will hold and not sell and ride it down , MANY gold and silver holders did exactly that when gold went from $2000 plus in 2011 to like 1100-1200 maybe lower, and silver omg they got burned 2011 40$ to $11! So Ivan couldve argued better, if I were a gold or even traditional market or even no market person thinking about crypto and I heard this interview I would stay away from it. Especially with Ivan saying it IS a bubble just he thinks more time?? He even agreed and said that to R. Heart. Schiff made it sound like crypto is an intangible greed based create money out of thin air money grab. Ivan did not argue against that in any kind of meaningful way that would sway a jury. Or a no coiner. So I am supposed to risk my and my son’s financial wellbeing and just hope I get out before it blows up? No way would I touch crypto just based on this interview. I am super addicted and into crypto though , and watch Petah everyday, I’m just saying. Ivan could’ve shut down Schiff so hard, not in a rude way or anything. I love and crypto and gold so I had a neutral , or balanced love of both but came out kinda regretting buying more btc at 9 and 10g’s. Didnt last long lol.
Another thing that affected me, Schiff used the current price point several times as a bad price to buy at, not the 20’gs ATH. He kept saying those who bought super early are the lucky ones , not those who are buying at 10,000. He also used 2000 price point I noticed. Almost like only under 2000 is good anything over 2000 especially 10,000 is bad. Making 8- 10,000 , which just looked like a really good current price to buy at all of a sudden look stupid. I picked up on it and I wish Schiff could have been debated on that as well.