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“Governments and Paper Money has Failed, Not Gold”: Peter Schiff

Published 2022-12-27, 09:25 a/m
©  Reuters “Governments and Paper Money has Failed, Not Gold”: Peter Schiff
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  • Peter Schiff defends gold as real money, in comparison to Bitcoin.
  • Michael Saylor said economists are stuck in an outdated money paradigm.
  • Bitcoin enthusiasts feel the world has moved on, and gold is no longer relevant.

Economist Peter Schiff takes a stand for gold in comparison to digital currency such as Bitcoin. Schiff counters a comment made by Bitcoiner Micheal Saylor where he showed criticism towards economists,

Saylor pointed out that economists are trapped in a traditional monetary paradigm that has consistently failed for thousands of years. The Bitcoiner also believes that Bitcoin is an engineered money, without any defects from its predecessors.

The post “Governments and Paper Money has Failed, Not Gold”: Peter Schiff appeared first on Coin Edition.

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