TRANSMISSION SLP715
Plan B El Salvador 2026
with Peter Schiff, Piero Coen, Skot
I was joined by Peter Schiff, Piero Coen, Skot at Plan B Elsalvador as we discussed Gold vs Bitcoin, AI & a multipolar world, Bitcoin as freedom money for Latinos and open-source mining decentralizing Bitcoin. Takeaways: 🔸Bitcoin and gold are often compared as stores of value. 🔸Recent market movements have raised questions about the stability of gold and silver. 🔸Central banks are increasingly buying gold, indicating a shift in demand. 🔸The US dollar's status as a reserve currency is being challenged. 🔸AI has potential to increase productivity but may not solve economic issues. 🔸Peter Schiff remains skeptical about Bitcoin's long-term value. 🔸Wall Street's involvement has influenced Bitcoin's popularity. 🔸Bitcoin requires continuous new buyers to maintain its value. 🔸The transition to Bitcoin-only solutions is gaining traction. 🔸Building local exchanges is crucial for Bitcoin adoption in Central America.