Peter Schiff being ignorant as usual..
"Bitcoin isn't money because people don't accept bitcoin they accept bitpay and bitpay gives them dollars.."
"Gold is money you can even spend your gold with a gold backed debit card making it usable in the modern world.."
Do you see the double standard here. Same argument but different biased conclusion.
If its bitcoin then using a debit card or bitpay is a flaw, but if its gold then using a debit card makes gold better than bitcoin.. really peter?!
This guy is either really REALLY dumb or he is trying to scare people away from bitcoin just long enough so he can finally make money on his gold after it has gone absolutely nowhere since 2011.
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