And I listed other reasons that are against gold but that don't apply against Bitcoin.

His Facebook/Myspace is nonsense. Maybe his Facebook/Myspace is more like Bitcoin/Gold and Bitcoin is making gold useless. It doesn't matter if tomorrow comes another crypto that is somewhat better than Bitcoin. Bitcoin has advantage of being the first and therefore having by far the biggest marketcap. People will only chose to put their money in Bitcoin. There are currently coins that hide privacy. They are a Bitcoin clone with privacy. People know that and they know this is better. Still they chose Bitcoin. Schiff's example is just nonsense that is hurting his followers.

Today I read an article on silverdoctors.com about silver and gold smash. And these people brainwashed by garbage economists like Schiff are saying that they don't care ... they just keep stacking. If they would have put all that money into Bitcoin, they would have been rich by now. But this fake economist with a too big ego is just selling nonsense to make himself rich by selling people his gold. Peter Schiff is a scam and the Bitcoin price proves just that.