I can understand that Prof. @ThorstenPolleit advised me in 05-2015 not to put my € 10k in #Bitcoin but in gold (that I am 40 BTC poorer, I have forgiven him and myself). But the fact that he still talks about a gold-backed token ("PerthMint token") in 09-2023 is very strange - even though I agree with him on most other points and hold him in high regard as an #Austrian.

Great @FairtalkTV "Auf Augenhöhe" with @fabthefoxx, Dennis Reimann, @ThorstenPolleit, Sebastian Huth & Jens Lehrich.

https://youtu.be/Naw82GJ0H2w?si=-rPU4s1H3OfpxmQp

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Blockchain-Coach 🤐

Polleit and all other austrian are right on the principles. However, it is not understandable why for themminly gold is commodity money, while they disregard bitcoin. Imo it is just about ignorance of the technology behind btc. If they understood btc, they would realize it is 1000 times beter than gold.