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Why Peter Schiff Hates Bitcoin & The Bull Case for Gold

93 min • 9 september 2024

Why does Bitcoin sucks and is inferior to Gold?

Peter Schiff is a financial commentator and economist that is relentlessly bullish on gold and a famous skeptic of bitcoin and cryptocurrencies.

He covers a ton of ground in this podcast, from what money really is, why gold can't be disrupted as the ultimate store of value, why we should abolish the Federal Reserve and principles to grow your wealth.

------ 🎬 DEBRIEF | Ryan & David Unpacking the Episode: https://www.bankless.com/debrief-the-peter-schiff-interview 

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------ TIMESTAMPS

0:00 Intro 7:07 What is Money? 15:05 Why is Gold the Apex Money? 27:59 Gold vs. Bitcoin Custody 36:27 Gold in The Internet Age 43:08 Gold as a Productive Asset 49:30 Gold vs. Bitcoin Demographics 53:90 Can Gold be Disrupted? 1:04:20 Should we Abolish The Federal Reserve? 1:13:33 Is the Stock Market Overpriced? 1:20:09 Principles to Grow Wealth 1:25:30 Steelmanning Crypto 1:36:17 Closing & Disclaimers

------ RESOURCES

Peter Schiff https://x.com/PeterSchiff  

Peter Schiff Youtube https://www.youtube.com/@peterschiff  

SchiffGold https://www.schiffgold.com/  

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠ 

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