Peter Schiff Just Ended the Debate... (by accident)

Peter Schiff just ended the Bitcoin vs Gold debate… by accident. He tried to dunk on Bitcoin by saying, “You can’t do anything with it… except give it to someone else.”

Which is... literally what money is.

Chapters
00:00 - Peter Schiff’s accidental argument for Bitcoin
01:00 - What makes something money?
02:00 - Can’t the same thing be said about gold?
03:00 - Understanding monetary premium
04:00 - The myth of intrinsic value
05:00 - What if something stored value better than gold?
06:00 - Bitcoin: Scarcer, faster, and unstoppable
07:00 - The debate is over (and Pete ended it)

Value 4 Value: If you enjoyed this content feel free to zap me some sats via the lightning network: MFTAB@fountain.fm

NYKNYC. Buy Bitcoin and withdraw to self custody with Bitcoin Well. Use my referral link for a chance to win free sats:
https://bitcoinwell.com/referral/mftab

Follow MFTAB:
@MFTAB
https://x.com/thesatdaddy
primal.net/mftab
https://www.tiktok.com/@thesatdaddy
https://open.spotify.com/show/4b58uoQo9Xl7RsbsbbAqAh
https://podcasts.apple.com/us/podcast/my-favorite-thing-about-bitcoin/id1788973938
http://fountain.fm/show/YqXJoHuG6qYRBmDW1k37