Peter Schiff Attempts to Prove Why “Bitcoin Isn’t Digital Gold” Following Plunge Below $40k (Zycrypto)

Originally published at: https://www.channel-sea.cc/peter-schiff-attempts-to-prove-why-bitcoin-isnt-digital-gold-following-plunge-below-40k-zycrypto/

Key Takeaways Gold bug Peter Schiff again dunks on Bitcoin, saying it’s in no way comparable to gold. Schiff points to gold outperforming Bitcoin recently as validation of his argument. Bitcoin has often been compared to gold, earning itself the moniker “digital gold” or “gold 2.0” for its price performance over the years. However, skeptics…