Boockvar: I've been hearing obviously the same thing for a while and I think it's complete nonsense that something that's been around for 13 years is going to replace something that's been around for 5,000 years. When you've been around for 5,000 years, you've been through a lot. You've been through depressions and droughts and hyperinflation and deflation and world wars and so on and so on. When you've been around for 13 years, particularly the last 13 years, all you really know is zero rates, negative rates and QE [quantitative easing]. That's pretty much all you know. Now I do think that there's potentially going to be a place for crypto and that it can complement gold and silver in one's portfolio, but it has to prove itself. It has to prove itself in an era of inflation that we are currently in. It has to prove itself when there is global synchronized monetary tightening that is now in place. It has to prove itself. And like I said, 5,000 years of existence, you've sort of proved yourself in many different ways.
~ Peter Boockvar, interview with Dan Ferris, Stansberry Investor Hour, 40:45 mark, February 21, 2022
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