hmmm Peter is really pushing hard to get bitcoin holders to buy gold with their btc and he is even accepting bitcoin and cashing it in right away for cash via bitpay.
It seems he has a lot more faith in cash and fiat than btc.
Do you think he is just not understanding the future and technology of the block chain and digital assets bitcoin2? Obviously this is like the internet of 2014, and will make the internet way more interactive and exchange of money and assets much easier.
Thats the way I see it. I wonder if Peter was around saying btc is worthless when it went down in price in its first and second cycle etc.?
It seems he has a lot more faith in cash and fiat than btc.
Do you think he is just not understanding the future and technology of the block chain and digital assets bitcoin2? Obviously this is like the internet of 2014, and will make the internet way more interactive and exchange of money and assets much easier.
Thats the way I see it. I wonder if Peter was around saying btc is worthless when it went down in price in its first and second cycle etc.?
Schiff has his agenda, always bullish on precious metals and foreign markets, always bearish on US economy and dollar.
You got to understand he's a salesman, most of what he says is what is in his best interest and to promote his company, but regarding bitcoin I think he's right. That's why I posted it here, I'm with him on this one.
Agree.
Stop listening to him after I realize he is just another salesman. What is his stance on bitcoin now? A "mirage" like what Buffet mentioned before?
