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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.

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TIMESTAMPS

0:00 Intro
4:19 What is Money?
12:16 Why is Gold the Apex Money?
25:10 Gold vs. Bitcoin Custody
33:38 Gold in The Internet Age
40:19 Gold as a Productive Asset
46:41 Gold vs. Bitcoin Demographics
49:27 Can Gold be Disrupted?
1:00:09 Should we Abolish The Federal Reserve?
1:09:21 Is the Stock Market Overpriced?
1:15:58 Principles to Grow Wealth
1:21:19 Steelmanning Crypto
1:32:05 Closing & Disclaimers

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RESOURCES

Peter Schiff
x.com/PeterSchiff

Peter Schiff Youtube
www.youtube.com/@peterschiff

SchiffGold
www.schiffgold.com/

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Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠
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📶 1 comment
This is a classic example of a rich old white man reluctant to change. He makes too much money from the current system and how things are. Bitcoin is a threat to him.
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