Is Bitcoin a Scam? Peter Schiff’s Brutal Case Against “Digital Gold”

1 month ago
19

Peter Schiff doesn’t hold back. In this cut he claims Bitcoin isn’t digital gold, calls the pitch “BS,” and argues it can’t replace gold in any real-world use. Watch for the sharpest moments, then decide if he’s exposing a hard truth or just poking the hornet’s nest.

What you’ll see:
• Why he says Bitcoin can’t replace gold’s industrial demand
• His take on ETFs, liquidity, and how crashes start
• Tokenized gold vs Bitcoin and what custody risk really means
• The core clip to watch: 00:0400:19 “not digital gold”
• Quick hits: 00:44 “you can’t put Bitcoin in a chip,” 05:03 “absence of buying”

Question for the comments: is Bitcoin a store of value, speculation, or both? Drop your stance and why.

More about this topic here:

https://www.linkdomain.com/is-bitcoin-a-scam-peter-schiffs-brutal-gold-warning/

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