~ The Saloon ~ Crypto & Stocks ~

[alidare]

Did Mark Bristow had AABB on his mind when he said this?


Read between the lines…..
?

“The lack of trust in fiat is the main reason, Bristow noted, saying:
“No one believes in fiat currencies anymore and everyone’s desperate [to find alternatives].”

“The whole issue here is that everyone wants instant gratification, everyone’s already concerned about how you store your [wealth] that you’ve seen grow in the developed worlds,” Bristow said. “The emerging and developing world’s economies are in dire straits,” the Barrick Gold CEO added. Bristow further said:”

https://news.bitcoin.com/barrick-gold-ceo-says-no-one-believes-in-fiat-currencies-anymore/

or this?……..

“Like it's done in the past, Bristow said gold has to innovate.”

"Gold is still too hard to own [and] to trade. The ETFs were a big boon to our industry. A lot of miners felt that it would negatively impact the equities. It was completely the opposite. It grew the industry. It made it more transparent. It allowed people to trade," said Bristow.

"The cryptocurrencies and the other competing options have forced us to realize we need to work harder to create a fungible [option that] •••••allows every person in the world to...use it to pay for things."•••••

https://www.kitco.com/news/2021-05-06/Barrick-Gold-s-Mark-Bristow-on-how-to-out-flank-bitcoin.html