Peter Schiff back to bitcoin bashing

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CoinAdd1ct

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I thought he had changed his tune, but in this he pretty much bashes bitcoin in every way possible.

http://youtu.be/lMfoFlJhcck?t=1h5m45s

Posted on September 21, 2014 at 2:36 PM

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Cryptonaut

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Location: Canada

sounds like hes just butthurt about the price going down. pretty clear he doesnt get the big picture at all

Posted on September 21, 2014 at 2:55 PM
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Apple

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Yet he still accepts it as payment on europacmetals

Posted on September 21, 2014 at 3:04 PM
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CoinAdd1ct

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@apple Yet he still accepts it as payment on europacmetals

He points out in his talk that he converts the bitcoin straight to fiat, doing you a favor getting you out of bitcoin and into gold.

Posted on September 21, 2014 at 3:11 PM
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irnhnve

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@coinadd1ct

@apple Yet he still accepts it as payment on europacmetals

He points out in his talk that he converts the bitcoin straight to fiat, doing you a favor getting you out of bitcoin and into gold.

How funny would it be if he was preaching that everyone should turn bitcoin into gold before it's worthless, and then we find out he was holding the bitcoin from those sales,

Posted on September 21, 2014 at 3:31 PM
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Alchemix

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Location: Vegas

@irnhnve

@coinadd1ct

@apple Yet he still accepts it as payment on europacmetals

He points out in his talk that he converts the bitcoin straight to fiat, doing you a favor getting you out of bitcoin and into gold.

How funny would it be if he was preaching that everyone should turn bitcoin into gold before it's worthless, and then we find out he was holding the bitcoin from those sales,

First off, i actually like Mr. Schiff. But lets be honest, there is a certain "Ari Gold from Entorage" vibe that be puts off when he speaks.(which is precisely why i like him)

I think you are spot on when you say he might be actually holding the BTC that he accepts.

Posted on September 30, 2014 at 12:36 PM
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