Peter Schiff vs Bitcoin... Here we go again!

There are still people who don't want to recognise the value of Bitcoin even today.

Peter Schiff is an economist known for his views against Bitcoin and cryptocurrencies in general.
A couple of days ago, on 30th March, he published a post on X, in which he stated that in his opinion the reason why young people prefer Bitcoin to gold, apart from ignorance and lack of experience, is because during their short lives Bitcoin has risen much higher than gold.

But when they gain the wisdom that comes with age, Bitcoin will have collapsed and they will prefer gold.

While it's true that everyone is free to have their own opinions, it's equally true that one must be consistent. Indeed, Schiff himself has admitted in the past that he missed the opportunity to invest in Bitcoin in the early years..

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