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A Stock and Crypto Reversal, but Not a Bottom – Ep 771

The Peter Schiff Show Podcast

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Bit Coin Standard Can't Even Work

The government is never going to go on the bit coin standard for the same reason it went off the gold standard. The only thing that we can do individually is to go back on a gold standard ourselves and start using gold as money, using gold as a means of exchange. It worked great before government got us to use their paper. Will never be able to use bit coin. But even if it could work, to pect the government to voluntarily embrace it is nonsense.

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