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Peter Schiff says this is the only cryptocurrency that makes sense (Pt. 2/2)
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- Опубліковано 18 сер 2024
- Watch part 1 of the interview: • Peter Schiff: Fed is t...
Peter Schiff has been a vocal opponent of Bitcoin, but in an interview with Kitco News on Wednesday, he said there is a form of cryptocurrency that he could potentially support.
The chief market strategist of Euro Pacific Asset Management told Kitco News that a “legitimate” cryptocurrency is a gold-backed token that could replace fiat currencies in utility.
0:00 - Why is Peter Schiff's son invested in Bitcoin?
4:46 - People who have changed their minds on Bitcoin
9:00 - Gold vs. Bitcoin
11:14 - "The only cryptocurrencies that would make sense"
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Watch part 1 of the interview: ua-cam.com/video/Qdcqj_OKUfQ/v-deo.html
when did this air? I thought this was an older video.
There should be an interview on "whether Bitcoin is a NSA project?". Lynette Zang had told once that NSA was researching on crypto currency back in 1998. If Bitcoin is really a US gov project, its likely there are backdoors in Bitcoin and there will be ways to control it by NSA. Peter should be asked this question and could also be reason why Bitcoin continues to rise.
@Dobie Dad totally agreed..
Part 1's only value was to hear the guest beat his chest and talk about the obvious.
Of course 18y.o. Jr. is all in on spitcoin. If he's correct he cleans up and spits in Daddy's eye. If he's wrong and gets his arse handed to him, well, he's got Daddiebux to fall back on.
I listened to Peter back in 2014 and didn't buy Bitcoin, not doing that mistake again.
yeah.. never listen to these damn rich boomers.. these deniers will one day wake up in 10 years and start baawwwwing and be like "oh no why didnt i buy in 2021?!! "
@@heyjeySigma same here!!!! Took his word for gold. No pun intended.
same here!!!! Took his word for gold. No pun intended.
lol well this aged well. hopefully you sold out. bitcoin is crashing soon
Lol he’s not denying it can’t make you money (dollars) because it clearly can. What’s he’s denying is that it won’t and can’t be made a sustainable medium of exchange. 20 million bitcoins as the last 1 million won’t be mined yet can’t be distributed across near 8 billion people.
My nephew threw caution to the wind and bought 15 Bitcoin at 500$ he sold one the other day and bought a 30000$ car and got 20000$ in change he can retire on the other 14 I bought silver at 30$ now it’s worth 24$ sure glad I listened to this so called expert
timing is everything - like walking away from the blackjack table when you're up...
Excellent point.
Peter Schiff has a massive blind spot when it comes to cryptos. He'll go down as one of the biggest morons in history because of his Bitcoin hate. It seems every knows this except for him.
@@incipidsigninsetup the future regarding cryptos, like with many things, is unknown other than this, a small percentage will take the lion's share of value.
@Conor McTapOut exactly as well as half going to taxes
Finally another decent moderator, it looked like David was carrying the whole of Kitco for a while!
* dude has a bitcoin fund *
schiff: "if you have a bitcoin fund of course you're going to pump bitcoin"
also schiff: * owns a gold fund *
I thought the same thing... I cant take anything Peter says seriously anymore. Maybe he will be right in the end, but not for the reasons he presents.
@@shearitchie998 No. He'll be correct for the EXACT reason he presents. The play he talks about is the correct one; the problem is the timing.
exactly, that's where I lost him too, because he saying they are trying to pump their funds but at the same time in the previous video he did the same thing where they talked about possible dollar collapsing he was promoting his foreign market funds. How do I know now that he is serious or that he is just trying to scare people to buy into his funds?
Facts. I just knew the reporter was about to flip that on him and say "but couldn't we say that you're only promoting gold because you have a vested interest?"
No individual with a gold fund could move the price of gold to any significant degree. It's not the same thing.
Never seen Peter smile so much....I think he likes red dresses.....
He's had facial surgery.
@@marcusd9192 Didn't know that, but even if true, they didn't give him a permanent smile, He's doing it.........
I think I do too.
So true!! 😂😂
he can buy 1000 red dresses 💃🏾 😏
Peter Schiff's son is covering the position in bitcoin and cryptos that Peter didn't take. Especially, if Peter is willing his gold to his kids. 🤔
Yup
Nailed it.
Nailed. It.
Not a bad plan.
golly sir, you're smart.
who ever imagined father and son working together on the family business?
the cultural destruction of the nuclear family all makes just a little more sense now...
The name of the crypto backed by Gold is PAXG, and it's fully audited
You have to trust the auditors to verify.. With btc you can verify yourself. Trusting other people with your money is the reason we're in such a mess.
I don't trust people, so I don't trust auditors
I have figure out why PAXG is better than Sprott or GoldMoney but it looks like PAXG has potential at least. Seems like PAXG only delivers physical to certain London-based vaults.
When you hold PAXG you're given serial number and location of your bars even
Kinesis is also backed by physical Gold and Silver 1:1 plus there are no storage fees and it pays you a portion of all the transaction fees from the system.
It makes sense for his son to go all in on Bitcoin just because he’s still young and risk factor is in his favor
And because his son does not have to worry about not paying rent if his investments go wrong.
fiat currency is probably riskier than bitcoin in the long run
Exactly right.
This is really dumb logic
Peters son can not Loose. Even if he fails DAD will bail him out .Why wouldn't he ?
Because he's a hard-line libertarian? You lost your money, well... you live and you learn.
both hate fiat... why do they need to bail each other out? Both are brilliant lmao.
Peter said he wouldnt bail out his son, he said the only way for his son to learn a lesson would be to suffer the consequences of his mistakes
@@eJuniorA2 The difference between people who knows economics at the core vs amateur economist lol. Bitcoin is hot now so I don't think its failing anytime soon. The only Peter's son need to do is to time it right when to exit and I think he will get help from his dad on that department. At least, I think until the market collapse, bitcoin still on the hot trend. I myself don't like bitcoin at this price. Maybe I ll get some when market collapse lol
😆good one 👍
Brilliant interviewer. Peter doesn't let too many interviewers cross examine his views like this. He must have a lot of respect for Michelle.
If Peters son has never had a job...he must get a BIG allowance.
Given that he's 18 he might have met a 'real' job. He could be earning money doing something like mowing grass.
It's about time Peter started getting some respect.
Disrespect 😂😂😂😂
He’s a carpetbagger
Well I'm 47, I had several jobs and/or businesses, have wife and kids, and 99.7% of my money is into Bitcoin. I did it slowly since Mid end 2018. Dollar cost averaged and finished going all in in september 2020.good timing for sure. I have to say I don't regret my decision and I don't feel like a fool, actually this is the safest bet I could Make
Have you realised any of those gains?
@@danb1618 i may take some Btc out of the table /scale out at the top of the rally between 100 k and 320 k or more(by 2021) and rebuy back at a lower price .im not interested in fiat currencies. I also have only btc so some I'm obliged to spend. I'm convinced it will be worth millions in max 5 years/10 yrs from now.
@@purefreedom282 Yeah no harm pivoting a portion into bonafide non-cash assets like real estate or gold/silver. I agree BTC will hit those prices though
Get out while theres still time buddy. Ponzi is soon coming to its end.
Seriously, well done @Pure Freedom. But time to de-risk take either the capital or the gain and bank it or stick it in property. And let the rest run, then ‘If’ it tanks you’ve lost nothing.
A gold backed crypto would have to rely on a centralized entity to collect the gold and create tokens 1:1. Complete opposite of decentralization. He misses the point entirely.
You dont need a centralized entity. There can be many certified and independently audited vaults everywere or individuals can act as little banks for family members all bound by contracts that get enforced physically for breach of contract. A centralized entity that is solely responsible for the Money or currency is always shit.
@@BraunBuxe but with gold counterfeit gold and lying is always possible when humans are involved. Bitcoin is secured by a protocol so no human error or greed involved there. This is why bitcoin is superior technology.
It's like people arguing that sending letters is better for communication than sending an email or a chat message.
NEVER INVOLVE PEOPLE AND RATHER AUTOMATE PROCESSES TO MAKE THE PROCESS MORE EFFICIENT AND SECURE
@16vjtdalfa yeah but in the long run only a certain few crypto would survive
@16vjtdalfa starting another crypto isn't the same. You can start 1000 Bitcoin clones but it still won't be the Bitcoin. Neither can you edit it. It's secured by cryptography.
Having a gold backed Coin requires a legal entity or some sort of enforcement to make sure coins aren't fake. There are the same amount of gold for coins available.
And for there to be Multiple exchanges where gold is held? How do you know someone there won't steal it all? Or have true accounting. ?
Bitcoin is valuable because it's all digital and secured with cryptography.
Something you can really do for gold without a 3rd party to enforce the rules.
@@BraunBuxe Not good enough. Auditors and vaults can be in bed with each other and theres still would need to be a centralized entity that the auditors report to that would issue the coins. Remind how those bundled junk mortgage backed securities were rated triple A back in the GFC of 2008. It would just be more of the same. There are far too many points of failure and corruption.
I love this host, because she is so loud that can make even Peter to shut up and be able to ask a question :)) seriously, she is good, giving enough time to answer and persistent enough to ask a question
And also looks beautiful.
Crypto currency
GOLD ALL THE WAY.
Talks over the guest to much. Love David but I agree...much better looking....LOL
Hahaha. I thought just the same!!! 😂😅🤣
Omg she makes Peter GLOW with happiness, I've never seen him do that.
That's cause she's hot...
I wonder why Peter Schiff with 70mil net worth is acting like he's bigger than wall street and Billionaires :S
@@galacticaldread7234 He must have additional coin in the swiss Bank 🏦
She’s also well informed, asks good questions and encourages her guests to ‘talk’ freely about their subject. And he’s probably pleased that she’s not talking all over him.
She's is one of the most beutiful women on the planet and he's a man.
see this is the problem with the world atm.. everyone's listening to the children on twatter, who have no life experience except for you tube..
but, but, but it's on the internet it has to be true. I'll never forget when one of my kids said that. Major reawakening to drive out the Public schooling and dumb butt peers pressure.
And this is the problem that your not willing to see younger generation who understands technology more than you. I made millions on the technology they creates the space for it. Why don’t you get it that it’s about piping ? Being ignorant and arrogant at same time is .....idk.
Nice hedge... son buys with father’s money in case bitcoin works out 👏🏼
Haha... 😆 lol
Lol. True. Peter couldn't come out and buy bitcoin because it would hurt his gold company
I actually didn’t think of this. But now that you said it, i feel that this is quite accurate. I mean, after all, dad said the kid didn’t even have (a job) any work experience. Still in school.
This is why I don't tell family and friends to get into Bitcoin (too hard)...if it works out the gains'll hit their bank.
Yea and if it fails he can put the blame offf himself
I'm waiting for digital tulip bulbs to go all in.
I'll nft a picture of tulips for you....lol
If you think he is not secretly buying up bitcoin while trashing it to keep the price down you are not paying attention. These people arent rich because they share their secrets, they are rich because they dont. Kevin OLeary in Canada has trashed bitcoin for years and now has admitted to buying it up the whole time. Real gold is a dinosaur, its only use in a few decades will be jewelry. Its a digital world now, his son will save him from himself.
When you find out he has it, and the price is too high for you to get in, you will understand how these people operate. They are vicious animals when it comes to wealth, you think they will share their biggest moves with you?
@@abraxas511 but still an assumption. Unless there is evidence for it. Anyway good thoughts on that.
@@abraxas511 I doubt it. He bad-mouths the Fed and its policies to no end. You think secretly he loves the Fed? Lol. He could have already bought all the BTC he wants a long time ago, why talk the price down now?
Good vid. Schiff is always on point.
A gold-backed crypto is an oxymoron. Somebody else is holding that gold and it's not you. So you are back to square one.
That would just make it a stable coin for everyday buying and selling. It's not an investment. Bitcoin is a store of value and Defi is the next disruption to world economy. Surely he gets this?
Cardano is where it’s at
Only credit I give to Peter is that he raised his son to think LOGICALLY and RATIONALLY through first principles, kudos to the kid
Re: Spencer. I didn't read the Decline and Fall of the Roman Empire, but I believe that the failure to value the wisdom that comes with age is a hallmark of our own currently-declining western civilization
Sorry to butt in. But you should learn about history. The decline of the dominant nation is actually caused by the increase in self interest of the population/government , defensive stance rather than aggressive and the feminisation of the males/ culture.
Not to insult. Rather I think its an interesting topic that is worth reading into.
Makes sense why they would design a virus and implement procedures which facilitate the death of the elderly then.
Rome never fell
@@caturdaynight6399 it would make sense from an economic perspective. The elderly cost governments an insane amount of money compaired to younger.
Knowing a lot of developed countries have a rapidly aging population. I wouldn't be surprised if one of them fancied all the old people gone.
It really is hilarious that people actually believe that this 18 year old has as much experience as his father...
Its a Trap....get some Silver ,)))
no way I found your comment on this ^^
I'm starting to believe silver is rigged.. not enough movement throughout this whole ordeal
@@vasarian
It is rigged, but that rigging will soon break.
Silver should be 1/8th to 1/4th the value of gold.
So if gold is worth $2k, silver should be worth $500 to $250.
You mean the market that JPMorgan was literally fined for manipulating for 10+ years?
I believe in gold and silver .
Great and meaningful interview- TY Michelle! Please host the faceoff between Peter and Mark Cuban- LOL.
The only sexy story on this show is the damn Host ! Good lord age like 🍷
that is the second comment I saw about that. I don't see it, she looks fine but it's like you guys have never seen a middle age housewife before. Most look like her.
Looser simp
@@zeusvalentine Lmaoo owned
@@zeusvalentine go to your eye doctor NOW. You obviously are nearing blindness and cannot visually detect super hot women.
Compliments of a bullish season lol!! Most people don't understand the concept of "buying the dip" Buying the dip is all about buying digital assets when there prices are down and selling off when the price rises
If you believe in the future then bitcoin is the present and the future of the financial institution
Mr Henry Fuller is the best trader I have ever seen..
Dad and son tag teaming. Good way to hedge.
Lol exactly. Son all in bitcoin, dad all in gold. Win win.
Exactly. Peter is in it with him.
Tag teaming that red dress
His son is actively blasting him without even appearing on Kitco
P U N K
Also I like Peter then have listen to him for years
But Isn’t he staking his entire reputation that bitcoin isn’t going to be successful long term?
Yes, but only his reputation. He's got his kid buying BTC to secure his legacy.
Who cares if these guys flop. I was a skeptic for years until I learned about the tech. They are just being smart and changing with the times.
would like to know how this tech add values
@@calvin6429 A lot of people don't care. It's been going up.
Time for Peter to learn about GSX.
Ingenious comeback Peter on being pressed about which crypto you would back... any that's backed by GOLD!!! Love it... you could tell she didn't like that answer and was visibly frustrated! Great line too that Bitcoin is fiat crypto... you said all the right stuff!!!
Why the debate - Own Both ! (Peter sounds a bit like General Motors when Tesla were starting out).
finally a intelligent comment
Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that
I agree on your opinion man, generally I always look out for it to dumb so I can purchase some more truly I believe it has come to stay
What's really the idea behind this bitcoin investment anyway, because all I do is buy when it falls and sell when it goes high
@@annabelsmith865 smart it’s just speculative that the best way to go
As a crypto bull (for the long term) I love Peter Schiff's commentary - come on guys, listen to a smart commentator on the anti crypto case
A smart commentator with zero knowledge on the subject. When did he discuss technology or usecases?
Such a hypocrite and you dont have an invested interest? This guy is something else 🤦🏻♂️
When she said "If you'd like you and Mark Cuban can hash it out, we'd host" I don't know why I was thinking a MMA match
Peter will clearly win with his economic mixed martial arts. 😅
I got money on markey mark. He ain’t a Whiney B
One thing Schiff is def wrong - under bitcoin is technology bringing decentralization. If technology is a solid base for so many wildly successful companies, then so is it a solid base for bitcoin.
Its clear he still doesn’t understand Bitcoin but he will flip.
LOL. I doubt it, he's been anti-BTC for years and just keeps doubling down.
omg look at those big, beautiful, angled eyes. I'm in love. I'm not talking about Peter.
Those are big and beautiful, her eyes are nice too
Beta
Don't be a simp. She's like 40 years old
if you hold BTC or ETH and CRYPTO
@@judge831 what's wrong with 40yo women?? 🤨
Im angry my self for not doing the same last year summer😖
still lots of gains to be made.
😂
Quick!!!! Panic buy!!!!
Wisdom... whether people are all in or out never put 100% in anything or anyone.😉
Truth! Except Jesus our Lord and savior 🙏
That’s why polyamory is best 🤣
More so, when it is a Ponzi, and not even an asset.
If one investment is way better than all the others, it doesn't really make sense to own the others.
So if someone is 80% gold and 20% silver, does that count as two assets or one?
There are more than 5000 crypto currencies out there and more being created all the time. The question I can't get a rational answer to, is, Why Bitcoin, and not one of the other more advanced crypto currencies?
exactly... or the upcoming government coins lol
Peter still doesn't get it. It's not Bitcoin that you are buying. It's not ownership of a string of code. It's purchasing a ledger entry on the world's largest computer network, that entities you to redeem it at a later date for either cash, or goods and services. This may have been a meaningless sharade a decade ago, or even 3-5 years ago. But now that the network is virtually indomitable, that ledger entry you own is actually significant. Because now it's agreed that the ledger entry actually entitles you to your property. It's a certificate of value. It's essentially a safety deposit box in Cyberspace, where you can stash cash, and everyone agrees that it belongs to you, and has value. Once that belief is strong enough, and shared by enough people, and the network itself is impregnable, you've got modern Bitcoin. Coin stored in Bits. So it's over, Peter. There was a time when you could have been right. But that time is past. Bitcoin is a Trillion Dollar Asset. Give it up. It's over.
Peter recently admitted he completely missed the extent of Wall Street/institutional interest in BTC. So if he missed on that, the biggest story in the space, why in holy hell should anyone listen to him about bitcoin? Have a little humility Pete. This is mos def not your scene.
Bit coin in January was 46,000. Today it is 19,000. He does not need humility when he is speaking facts.
@@cg5648everyone should have humility. Especially someone who is wrong as often as he is.
When you are young, you are supposed to throw some caution to the wind. How else do you get to really experience life?
JPM and the CEO been talking trash about bitcoin for years, and calling bitcoin a fraud. NOW all of a sudden last 3-4 months they are bullish 😂😂 Fun to watch 😂
Peter looks 15 year younger👍
It must be said, looking pretty good sir!
WHY CENTRAL BANKS HOLDEN MORE GOLD THAN EVER BEFORE
Why is it so hard for people to understand that blockchain is not Bitcoin and Bitcoin is not blockchain. Blockchain is like a railroad system and Bitcoin is like an empty box car. It's a vessel with nothing in it. You can sing the praises of the railroad all day but it doesn't give an empty box car value.
Most people didn't understand the internet in its early days. Blockchain is the same. I was waiting for blockchain networks to have more utilities to start investing so I missed a big opportunity but I saw the potential. most people think like Peter therefore they will jump on it when they have no other choice.
Hey, Pete, tell your son the anarcho- bit is a misnomer. Anarchists DON'T believe hierarchy. Landlords, for example, maintain and create hierarchy. He simply believes in Capitalism. He can dump the anarchist part until he believes in liberty. 🏴
In the end schiff is like all of them, he will go where the money is.
If that were true he would have already done it. Of all the people he is well versed and had the chance to do it.
I agree with Peter on bitcoin it is a complete scam. Don’t drink the cool aid on the largest bubble ever.
@@TonyL-gw4qx Please explain how Bitcoin is a scam.
Fair play to him and his son good to see family can go different ways and still be cool 😎
Only thing I'd worry about is someone banning bitcoin. If they don't like the environmental impact of mining bitcoin would actually survive a reduction of hashpower so just ban the mining above a certain reasonable amount plz
**t~h~a~n~k~s f~o~r y~o~u~r f~e~e~d~b~a~c~k
F~o~r~m~o~r~e ~g~u~i~l~d~l~i~n~e ~
W~h~a~t~s~a~p
+1/7/1/6/2/7/9/2/0/3/2****
The voice of a bitter man too proud.
If he'd sold all his gold back when telling people to get out of bitcoin; put it all IN bitcoin; sold all bitcoin invested now to buy back in gold...
You'd have 10-15x the amount of gold right now!
Crypto is the future 🙏🚀🐕
Give it 8 years, Peter. One of you will have to apologize.
Mark Cuban believed in crypto long ago and launched a coin of his own called unikoin gold. It bombed and now he talks up other cryptos. He’s probably getting money to promote it. Beware of celebrity intentions.
Why not deversefy, silver AND Bitcoin ?
AABB You’re all Welcome !!!
I just clicked the notification and came here to say Peter Sniff doesn’t know wtf he is talking about. Good day.
#Gold & #Silver to the 🌕
The prices of most altcoins depend on the current market price of Bitcoin. It is vital to understand that Bitcoin is relative to fiat currencies and is quite volatile.
This was a really great interview. Part 1 and 2. Great interviewer.
Asking Peter about crypto is like asking Blockbuster Movies about Netflix's....what a joke.
Peter Schiff is a real expert. Note that experts are people that stopped questioning the why. He should ask himself why are we that opposite?
Why do people that know nothing about cryptocurrency do interviews about cryptocurrency ?
He grew more technically inclined than his father it's that simple..
~🅦︎•🅗︎•🅐︎•🅣︎•🅢︎•🅐︎•🅟︎•🅟︎
+1*4*2*5*5*5*1*7*8*3*9*•••••
𝕚.𝕟.𝕧.𝕖.𝕤.𝕥.𝕚.𝕟ℂ.𝕣.𝕪.𝕡..𝕥.𝕠...𝔹.𝕋.ℂ𝔼.𝕋.ℍ~•••••••••••.
Peter you son doesn’t need a “Job” to work for money when he’s learned how to make his money work for him, 50 years ahead of you.
DUH!
The power of staking. 💪
@@BorbaFawkes Well Peter likely taught his son the value of money and not handed it to him
I will keep my gold and silver till the end
That is the solution. Digital currency backed by gold, redeemable in gold.
Hey you must be diversified to protect your investments. Hard assets, physical gold and silver, real estate, etc.
CENTRAL BANKS Accumulating GOLD... I wonder why?? ..lol..
A 2X4 piece of lumber or copper wire could go to a bubble, yet you're buying it now. instead of hodl dollars to protect yourself. , In 1923 Germany it was toilet paper that was money vs the Mark. Today it at the moment it's bitcoin vs the dollar. ECON 101 Peter. Geez
This interviewer is excellent! Real brains!
I loved that interview !:)
Son is 18, longtime to recover. Why not?You got my back,right Dad?
He doesn't ever have to worry about not being able to pay his bills.
Peter Schiff's son is 100% in Bitcoin.🤣
How did I miss this? It's literally the greatest event in human history.🤣🤣🤣🤣🤣
This guy is such a hypocrite.
He is telling you how foolish he really is by talking about other people who are doing the same exact thing he is doing and yet not realizing he is doing the same "foolish" thing he is against.
Doesn’t Peter Schiff have a vested interest in gold going up? 🤔
doesn't every btc guy have a vested interest in btc going up? that doesn't necessarily mean anything
Don't we all?
So sharing the wisdom to the uneducated masses about the thing that worked historically as an inflation hedge is 'vested interest'. Hmm...
It's not like he is alone. Many, many very smart people (Rick Rule, Doug Casey, Jim Rogers..etc ) are extremely bullish on gold so I would liken his enthusiasm to a car salesman that sells the car he drives because he believes it's the best model.
No, because he understands that Gold never “goes up”. It is an inert element on the Periodic Table. He doesn’t even have a vested interest in the Dollar going down, which ALL fiat currencies do. If the Dollar does go down, he’ll do well. If it does not do so in his lifetime, he will still do well. Gold is a hedge against inflation, a physical savings account. Only a fool mistakes gold for an investment. If you knew the difference between Saving, Investing and Speculating, then you’d understand all this ... and so much more.
There is already a digital unit of gold - Aurus or AWG, a gold backed token pegged against the price of gold. Approved bullion dealers will supply
Thanks for the info. Looks interesting.
It’s always so weird that Peter doesn’t understand the similarities between Bitcoin and gold. Very specifically, IF everyone decided they didn’t want gold, it would be NEARLY worthless. IF everyone decided they didn’t want Bitcoin, it would be completely worthless. If everyone (or most everyone) believes in either, they have value.
he does that’s the point
In my humble opinion, Peter needs to learn how to raise the white flag and accept the change that's happening
In just a few short weeks when the everything bubble has popped we will see a massive swing into Gold/Silver Mining ⛏ stocks. This will be huge as most Crypto holders make to move. But remember last on in WILL MAKE THE LEAST and the last one out of Crypto will LOOSE THE MOST ! Good luck 🍀👍
You're wrong.
I just love reading the SALTY crypto comments! It really makes my day! Did you retire at 36 years old because of crypto? I DID. Are you on a tropical island right now living the life of a movie star, because you invested early into crypto? I AM . Do you travel the world dating 21 year olds that look like models, because you were an early crypto investor? I DO. 😂🤣😂🤣😁
Yeah, lets all strap ourselves to a currency that records every transaction you make. It will not provide anonymity from government oversite in the future. Gold on the other hand does.
That's why the only crypto worth buying is Monero
I just love reading the SALTY crypto comments! It really makes my day! Did you retire at 36 years old because of crypto? I DID. Are you on a tropical island right now living the life of a movie star, because you invested early into crypto? I AM . Do you travel the world dating 21 year olds that look like models, because you were an early crypto investor? I DO. 😂🤣😂🤣😁
@@davidkoziar1811 litecoin will be private soon as well.
@@GivingYouTruth You retired at 36 and live on a tropical island and you are sitting here leaving long comments on UA-cam? More like a loser in his mom's basement eating cheetos would be my guess.
@@bobbyt9431 😀 or he's telling the truth but life is unrewarding and unfulfilling that he has to leave these kind of comments to justify his existence with.
One guy tells people to buy Bitcoin because he sells it, just like Peter pushes gold because he sells it. What’s the difference?
Considering he is 18, going all in on BTC is not a bad decision. It is a better store of value compared to gold or silver.
And you can use Bitcoin to easily trade with anyone, anywhere on the planet. Transactions are cheap, almost instantaneous, and are resistant to fraudulent attack or double-spending.
Fun to watch... thanks Peter
GSX is a crypto hitting the market soon. It’s backed by mines and precious metals.
U.S. will soon see $8 gas, $10 milk, $6 bread and $40 movie ticket, its coming
~🅦︎•🅗︎•🅐︎•🅣︎•🅢︎•🅐︎•🅟︎•🅟︎
+1*4*2*5*5*5*1*7*8*3*9*•••••
𝕚.𝕟.𝕧.𝕖.𝕤.𝕥.𝕚.𝕟ℂ.𝕣.𝕪.𝕡..𝕥.𝕠...𝔹.𝕋.ℂ𝔼.𝕋.ℍ~••••••••••
Why on earth would anybody take notice of Peter Schiff on cryptocurrencies? It's like asking a hunter-gatherer about politics
Bitcoin is a flip phone
Doesn’t Peter have a vested interest in gold? 🤨
I do think so.🤣😅😂
He has a vested interest in real money.
@@paulbunyon6324 In real money? It's an obsolete rock. Sorry Tech disrupted a speculative rock
@@Metallo966 lol irony
he could not have a more arrogant stance.
Wonder just how much Bitcoin Peter is actually holding and not telling anyone about?