Peter Schiff vs Raoul Pal Debate: Bitcoin Going To $0 or $1 Million & A Great Depression Coming? PT 1

Welcome to another power-packed episode of Impact Theory, I’m Tom Bilyeu! In today’s episode, we’ve got a hot debate between economists and investing experts Raoul Pal and Peter Schiff as we discuss Bitcoin and the future of the economy. Raoul Pal has become a legend in global economics as one of the most successful former hedge fund managers (retired at 36), and his insights into the current recession, global economy, and volatile markets are well respected. Peter Schiff is a seasoned Wall Street prognosticator known for his spot on predictions of the stock market performance, including gold, commodities, and the mighty dollar. In this debate, we’re touching on: - Value vs. price - Potential currency collapse and its effects - Bitcoin's allure and the comparison with gold standard - Market impact predictions of the 2024 election - AI's potential to alleviate economic problems - Differing ways to prepare for hyperinflation or financial repression - Asset value in a volatile market - Digital vs. physical assets We can agree we are in a time of transition, so what is the next best move? This is just Part 1 of our conversation, so make sure you don’t miss Part 2 of the debate for even more wisdom from Raoul Pal and Peter Schiff. Follow Raoul Pal: Website: https://www.realvision.com/ Twitter: https://twitter.com/RaoulGMI LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ YouTube: https://www.youtube.com/@RealVisionFinance/featured Follow Peter Schiff: Website: https://schiffradio.com/ X: https://twitter.com/PeterSchiff YouTube: https://www.youtube.com/@peterschiff/featured Follow Me, Tom Bilyeu: Website: https://impacttheoryuniversity.com/ X: https://twitter.com/TomBilyeu Instagram: https://www.instagram.com/tombilyeu/ If you want to dive deeper into my content, search through every episode, find specific topics I've covered, and ask me questions. Go to my Dexa page: https://dexa.ai/tombilyeu Themes: Mindset, Finance, World Affairs, Health & Productivity, Future & Tech, Simulation Theory & Physics, Dating & Relationships SPONSORS: If you purchase an item using these affiliate links, Impact Theory may receive a commission. Sign up for a one-dollar-per-month trial period at https://shopify.com/impact now to grow your business – no matter what stage you’re in. Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://drinkag1.com/impact. ButcherBox is offering our listeners 3 lbs of chicken thighs, 2 lbs of ground beef, or 1 lb of premium steak tips — for free in every order for a whole year, plus, get $20 off your first order at https://butcherbox.com/impact and use code IMPACT to choose your free offer and get $20 off. Head to https://squarespace.com/impact for a free 14 day trial and 10% off your first purchase of a website or domain. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/IMPACT to start your free two-week trial. Take control of your gut health by going to https://tryviome.com/impact and use code IMPACT to get 20% off your first 3 months and free shipping. ***Are You Ready for EXTRA Impact?*** If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. *New episodes delivered ad-free, EXCLUSIVE access to hundreds of archived Impact Theory episodes, Tom AMAs, and so much more!* This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. *****Subscribe on Apple Podcasts: https://apple.co/3PCvJaz***** Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices