
Risk Assets Crash Tests Fed’s Resolve – Ep 770
The Peter Schiff Show Podcast
00:00
Is Bitcoin a Store of Value?
Bitcoin can never be a store of value, because you have to have value before you can store it. It's not digital gold because it can't do anything in the real world that gold can do. Yes, it may look like gold, but it doesn't function like gold. When i own gold as a store ofvalue, what am I storing? The value of the metal. Gold is used for jewellry and industry - bitcoin has no such uses.
Transcript
Play full episode