by Peter Schiff actually made some sense here, although I'm sure he regrets not buying some bitcoin in 2010 when he had the chance, but he is right when he says that Bitcoin is based on nothing. The guy who is interviewing Peter Schiff says he prefer to put his money in stocks and shares, because then he's helping a company to grow, but Peter Schiff says buying gold is a safe place to put your money, and is much better than putting it under the mattress. In this clip, Peter Schiff opened up about when he learned about Bitcoin and other cryptocurrencies in 2010, adding that it was only through word of mouth at the time. He went on to speak about his thoughts on cryptocurrency and believing that it has no real value, unlike stocks and real estate, adding that it's just a token that people
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Peter Schiff actually made some sense here, although I'm sure he regrets not buying some bitcoin in 2010 when he had the chance, but he is right when he says that Bitcoin is based on nothing. The guy who is interviewing Peter Schiff says he prefer to put his money in stocks and shares, because then he's helping a company to grow, but Peter Schiff says buying gold is a safe place to put your money, and is much better than putting it under the mattress.
In this clip, Peter Schiff opened up about when he learned about Bitcoin and other cryptocurrencies in 2010, adding that it was only through word of mouth at the time. He went on to speak about his thoughts on cryptocurrency and believing that it has no real value, unlike stocks and real estate, adding that it's just a token that people collect. The conversation then turned to buying gold, which Peter clarified is another form of saving, and he added that it's not an investment that generates money. To hear more, hit the above clip.