Bitcoin vs. Gold

With the surging popularity of bitcoin [BTC], Peter Schiff sees another bubble in the making. Peter explains why bitcoin [BTC] is not “gold 2.0” but fool’s gold. It’s modern day alchemy and you are assuming significant risks by “investing” in it. Like a pyramid scheme, many early adapters will profit from bitcoin [BTC], but those profits will come at the expense of the losses suffered by those who adapt later.

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February 19, 2019

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