Risk Assets Crash Tests Fed’s Resolve – Ep 770
The Peter Schiff Show Podcast
00:00
Bitcoin Is a Speculative Asset and a Store of Value
The smart money has been unloading crypto, and they're going to continue to unload all the way down. Both russia and singapore announce crack downs on bit coin, referring to them as financial pyramid schemes. The whole purpose of being a store of value is that you're not speculative. You can't be both. And yet, people who are trapped in this bubble can't even see something as obvious as that.
Transcript
Play full episode
