A Stock and Crypto Reversal, but Not a Bottom – Ep 771
The Peter Schiff Show Podcast
00:00
The Bottom Line on Bit Coin
We can marry block chain in the internet to gold. We can have vigital currencies privately issued that are backed by gold, and it will work as private money even better than it works in the past. Gold is the future, not bit coin. And allof the resources and the effort that is now trying to push these crypto currencies on people should instead be devoted to trying to restore real, sound money to people in the form of gold and silver. The bottom line on bit coin is that all it is is a collectable digital token.
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