Peter Schiff explains why he believes #Bitcoin has ZERO value: • Bitcoin and gold have no similarities • You can’t conduct electricity with it • You can’t make jewelry out it. Are these fair arguments? 😂

Always do your own research:👇🏽 Source: The Bullish Case for Bitcoin - @real_vijay

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@PeterSchiff No

@PeterSchiff No. He compares gold it to custodial bitcoin, using gold IOUs. Bitcoin can be in your own custody AND be sent anywhere instantly.

@PeterSchiff 🎯

@PeterSchiff He is advocating for utility value rather than monetary value. You'd think he'd know the difference.

@PeterSchiff He picks and chooses 2 things: • Conductor • Malleable Also he doesn’t understand counterparty risk

@PeterSchiff Watching bitcoin and gold maxi's is interesting. They both have an excellent argument. I can't be asked to argue with them because whatever you say they'll tell you that you're wrong. So own both and when the shit hits the fan you're hedged either way. There's more to life.

@PeterSchiff You could use gold to conduct the electricity needed to protect Bitcoin

@PeterSchiff