I went to Peter Schiff's Facebook page because I saw his anti-Bitcoin discussion on Facebook. He was making many anti-Bitcoin claims that are laughable. Especially for an advocate of gold because gold has the same (even more) flaws. This is what I told him which was instantly marked as spam and now even even deleted:
Peter, you are a fake news and a fake economist. In your interview you say that Bitcoin is a bubble because it is not used by merchants and people are only using it as speculation and due to its volatility it is not money. I think for an economist to say that and at the same time advocate gold, this is so extremely shameful that your credibility as an economist has reached garbage level.
Let me explain why. You say people are not using or pricing their stuff in Bitcoin. Can you please tell me which merchants are pricing their stuff in ounces of gold or silver ? Can you also please explain how people are not buying gold and silver for its future value after all these doomporn economists like you ? And how about gold and silver volatility ? Last time I checked the charts I didn't exactly see a very horizontal chart either.
So at the one hand you are downtalking issues that Bitcoin supposedly has according to you, on the other hand gold has the exact same issues but you magically don't see them.
To conclude, you keep calling tops for Bitcoin. I remember once you even called the top at 20 $. Bitcoin is now 100 times higher. That's the cherry on your nonsense pie.
Here I made some screenshots giving the proof that happened what I just said. Be careful following this guy. He clearly has an agenda. I am not 100 % sure but according to me he is paid by the elites to spread crypto fud so people keep pooring their money in gold and silver, which are very tightly controlled by the elites and hammered on daily basis.
