Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Riya143 on July 29, 2020, 10:16:29 AM
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Schiff makes some controversial assertions about gold’s prowess as mainstream interest in both gold and Bitcoin surges.
Bitcoin (BTC) loses to gold when it comes to how easy it is to transport and confiscate, says Peter Schiff.
In a tweet on July 29, the gold bug and infamous Bitcoin skeptic claimed that it was easier to move and preserve ownership of the precious metal.
Gold is “absolutely transportable”
“Gold is absolutely transportable and harder to confiscate than Bitcoin,” Schiff wrote.
The comment caused an instant backlash, with BTC proponents immediately highlighting gold’s shortcomings.
Read More: https://cointelegraph.com/news/peter-schiff-gold-harder-to-confiscate-than-bitcoin-as-searches-spike