Peter Schiff is well known in libertarian and Austrian economics circles for his outspoken support of free markets and critiques of government interference. He’s also known in Bitcoin circles, but that’s because he’s a vocal critic of Bitcoin and its competition with gold. After a couple of tweets going after Bitcoin and its comparisons to gold, his site, SchiffGold.com, shared a blogpost exploring his arguments in more detail. We go through it to see where Schiff is wrong about Bitcoin but also correct about gold.
Items mentioned
Bitcoin Is a Replacement for Gold? Not So Much – SchiffGold.com
SLP69 Saifedean Ammous – How Governments Could Kill Bitcoin and Bitcoin Scenarios – Stephan Livera Podcast
McFloogle Quick Hit – Gold Failed, Now It’s Time for Bitcoin
The Bitcoin Standard by Saifedean Ammous
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