RATE Group | Bitcoin Will Make Peter Schiff Kick Himself: Gold Bug Debates Pompliano
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Bitcoin Will Make Peter Schiff Kick Himself: Gold Bug Debates Pompliano

01 Aug Bitcoin Will Make Peter Schiff Kick Himself: Gold Bug Debates Pompliano

Posted at 08:35h in Bitcoin News by

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Bitcoin (BTC) will make Peter Schiff’s gold arguments redundant if there is just a 1% chance it will succeed, Anthony Pompliano has told mainstream media.

‘You will be kicking yourself forever’

In a hotly-awaited debate with gold bug Schiff on CNBC Africa July 31, the Morgan Creek Digital co-founder took the opportunity to talk about a Bitcoin future. 

After almost an hour of talking, Schiff had summarized that Bitcoin has become a form of religion, and that investors were blind to reality, hoping only to get rich from their holdings. 

“When you’re in a bubble, you can’t see the bubble,” he concluded, having repeatedly stated that Bitcoin has no value in and of itself. 

“If Peter and others believe everything you just said with 100% confidence — there is 0% chance that you could be wrong, you could be missing something; 0% chance that Bitcoin could be valuable, that it could be a new technology, a new trend […] it’s a 0% chance that the millions of people…

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