Amid Bitcoin crashes and gold rallies, Italian trader Giovanni Zibordi explains why the global financial system is now a giant speculative bubble.

In the interview, Zibordi sheds light on the geopolitical tensions between the USA and China, the role of cryptocurrencies and the uncertain future of financial markets. He also explains why the rise in gold prices is not a good sign.

Mr. Zibordi, how do you see the current progress of Bitcoin and gold?

Bitcoin and gold somewhat reflect the current economic situation, but in very different ways. gold has established itself as a safe haven in recent years, especially in times of financial instability. It remains a stable value that is used as a reserve by central banks worldwide. Still, there is criticism: some see it as a relic of the past that has less relevance in a modern, digital world. Additionally, it is indeed frequently enough argued that gold is expensive to store and trade and that it does not provide notable returns compared to other forms of investment.

And the Bitcoin?

Bitcoin,on the other hand,is a relatively new phenomenon on the financial market and was originally considered “digital gold” – a decentralized currency that works without intermediaries. However, in practice, Bitcoin has proven to be extremely volatile. While it was initially touted as a hedge against inflation and an alternative to the customary financial system, prices have fallen sharply in a short period of time. This decline is due not only to technical developments, but also to increasing adoption by speculative and institutional investors.

This volatility and the partial lack of acceptance among the general public make Bitcoin unpredictable and less reliable compared to gold.Nevertheless, Bitcoin remains an ideological statement for many, especially for a younger generation that sees cryptocurrencies as a way to break away from the traditional financial system.

To what extent are the geopolitical tensions between the USA and China affecting the financial markets?

The geopolitical tensions between the US and China are certainly having an impact on financial markets. The USA under Trump has repeatedly relied on the trade war with China to assert its economic interests.This has created a climate of uncertainty that has had a major impact on markets. A concrete example is how Trump has directly intervened in global trade relations with his trade tariffs and sanctions. These interventions have caused mark

Trump, Crypto, and the Changing financial Landscape

Donald Trump’s support for the crypto business from the White House is raising eyebrows. But is there more to it than meets the eye?

Absolutely. Trump and his family have financially benefited from supporting cryptocurrencies and the policies he’s pursued. His sons and close confidants,in particular,have invested heavily in crypto and made significant profits. Some even suggest insider trading, given Trump’s history of triggering market movements with his tweets about China or other political issues. Reports indicate major investors, including the Trump family, may have had advance knowledge, allowing them to profit. It’s a clear strategy where politics and economics blend. Trump has actively used financial markets to enrich himself and his family while shaping public opinion about an economic boom.

How is Bitcoin different from gold, especially in the financial world?

The differences between Bitcoin and gold are fundamental, especially when considering traditional finance. Gold has served as a store of value for thousands of years. It’s physical, limited, and can’t be created at will. These qualities make it a stable store of value, used by institutions and individuals as a hedge against inflation and uncertainty. Central banks hold gold as a reserve because it’s proven to retain value during crises. demand for gold remains relatively constant due to its use in industries like jewelry, electronics, and aerospace.

Bitcoin, however, is purely digital and relies on decentralized blockchain technology. There’s no physical Bitcoin, and while supply is limited, it’s not to the same extent as gold. Bitcoin has a much shorter history than gold, making it less stable and trustworthy. originally intended as a currency, bitcoin has increasingly become a speculative investment. It’s often called ‘digital gold,’ but that comparison isn’t quite right. Gold has deep past and cultural importance, while Bitcoin is more recently seen as a technology aiming to revolutionize the financial system.

What truly sets Bitcoin apart is its independence from a physical market or industry. Its price is almost entirely determined by trading and speculator confidence. Gold, conversely, is a long-term, stable investment that has maintained its value for centuries.

How have the financial markets changed in recent years?

Today,