A Stock and Crypto Reversal, but Not a Bottom – Ep 771
The Peter Schiff Show Podcast
00:00
Bit Coin Isn't Like a Text Stock
Digital gold is an improved version of gold. So it's going to go up more than gold. In fact, it's going way up. And so when everything is going down, this is the one thing that might be going up. But if bit coin is just like a text stock, but it's never going to have any earnings, then why buy it? The only thing that bit coin is actually correlated is the 17 thousand other alt coins, because they're exactly the same as bit coin. You can't say it's like aText Stock or Digital Gold - you can't say either.
Transcript
Play full episode
