Thursday, January 23, 2014

Bitcoin vs. Gold: The Future of Money - Peter Schiff Debates Stefan Molyneux

Is bitcoin a bubble? Does gold have an intrinsic value? Is bitcoin a ponzi or pyramid scheme? Peter Schiff thinks so. Stefan Molyneux and Peter Schiff discuss Bitcoin vs. Gold and the future of money.
Richard Branson = Billionaire, who bought Bitcoins in their early days, and is now accepting them for Virgin Galatic. So Branson believes Bitcoin has value, yet Peter Schiff [clueless radio broadcaster] thinks Bitcoins are worthless because they're "not backed". Which guy has more credibility when it comes to money, investing and finance? Peter're a tool!