I am just as excited as anyone else about bitcoin and cryptocurrency but amongst all the hype and excitement I think it's important to listen to and consider other viewpoints (that goes with anything really). Below is a link to one of Peter Schiff's recent podcasts that you can download and listen to on the go as well as a link to the Youtube version. If you are considering buying Bitcoin at this time please give this a listen before you act, it's hard to argue that this isn't a huge bubble environment.
It would be nice to read your comments and opinions explaining how Peter Schiff may be right or wrong on some of his analysis. I believe cryptocurrency can work if enough people, businesses, etc. opt out of the central bank fiat system and choose to put there faith into the blockchain.
Looking forward to your reactions,
-The HIDR8R
Download the podcast:
http://www.schiffradio.com/bitcoin-digital-risk-asset-not-currency-ep-276/
Youtube version of the podcast: