Believe anything from Peter schiff at your own peril, atleast at this stage, I grown past when I need someone to tell me what to do with Bitcoin, I buy and I sell bitcoin at my very own discretion, and it's been profitable, I have bitcoin I set aside as an investment and I am happy with its growth, only crypto newbies or intending crypto newbies will come across/watch videos like this and fret.
Peter schiff is a known bitcoin hater who is doing all he can to stay relevant on the industry, know that this is his only shot and being famous, so his hate for bitcoin is for his personal gain..
He knows that alot of people already love bitcoin and if he preaches love for it as well, he will just be one of the many, so to set himself aside from the rest and try to be unique, he choose the other side, which is to preach against bitcoin, as like I said before, he believe this is his only shot at being famous and staying relevant in the industry, pay him no attention or you will be missing a life long opportunity.
I intend opening the link to see what it's all about but when I saw the name Peter Schiff I had to retrace my steps cause I know it would be filled with thrash, one thing I've figured out about Bitcoin criticis is that majority of the are secret Bitcoin lover and stack the coin aggressively but would have to switch sides due to one reason which is fame, I figured out that Bitcoin critics who come out on the media to claim their distrust for Bitcoin are mostly famous and that's their goal.
So I don't listen to their thrash talks and bullshits they go all say on the media, Peter Schiff is full of shit, he can do whatever he likes to get famous but the world have moved past those days when many people see Bitcoin as a financial threat or scam, people are beginning to see it's potential and are vastly embracing it, so I careless about him and I believe people who are open to the opportunity that comes with Bitcoin would do same too.