But gold just hit $1400 
https://twitter.com/PeterSchiff/status/1141887413876379648 …
Remember when no-coiner @PeterSchiff tried debating @erikfinman about Bitcoin?
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Bitcoin is tired. Pump and dumpers.
#xrp is the real ride beeeeotch!Thanks. Twitter will use this to make your timeline better. UndoUndo
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He has coins, he just bashes it
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Can someone please check on
@PeterSchiff... a little worried about him since 10K btc.Thanks. Twitter will use this to make your timeline better. UndoUndo
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remember when bitcoin was at 20k and dropped to 4k. Shit it would drop to near 0 if google or facebook or amazon made a crypto
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Whew imagine thinking this is how markets work
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Bitcoin is not a tangible resource. Bitcoin is not scarce. Bitcoin is not money. Gold is a tangible resource. Gold is scarce. Gold is money.
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Schiff is right crypto is manipulated-the regulators are moving to take it down. The government will take any technical gains and adopt them. The idea that CBs will allow an alternative currency to take hold is ludicrous they will never cede their power..and it’s a scam
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I heard Schiff speak here in LA 10 years ago... trying to sling sliver and gold to idiot potheads....claiming markets were gonna crash within months. 10 years later here we are.
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Proof of work is all that matters, whether physical or virtual. Scarcity
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Bitcoin is a sham and will die.
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I’m standing back from the mania looking at bitcoiners talking about a major effort to only double the value of bitcoin....this is a bull trap. Looking forward to it going to $0 so you all have to re-join the real fight for the real economy.
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Peter schiff says btc is not as good as gold. He wins every debate. He even acknowledges lots of people made money from btc.
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Remember when Bitcoin mining consumed the same amount of energy as the Czech Republic in a single year only to produce new value equal to ~3% of the value of the GDP of the Czech Republic?
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