Peter Schiff says this is the only cryptocurrency that makes sense (Pt. 2/2)

Watch part 1 of the interview: https://youtu.be/Qdcqj_OKUfQ

Peter Schiff has been a vocal opponent of Bitcoin, but in an interview with Kitco News on Wednesday, he said there is a form of cryptocurrency that he could potentially support.

The chief market strategist of Euro Pacific Asset Management told Kitco News that a “legitimate” cryptocurrency is a gold-backed token that could replace fiat currencies in utility.

0:00 – Why is Peter Schiff’s son invested in Bitcoin?
4:46 – People who have changed their minds on Bitcoin
9:00 – Gold vs. Bitcoin
11:14 – “The only cryptocurrencies that would make sense”

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Peter Schiff says this is the only cryptocurrency that makes sense (Pt. 2/2)

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Kane Dane