Open Letter To Peter Schiff - CoinAxis

Open Letter To Peter Schiff - CoinAxis

Open letter to Peter Schiff

Stefan Molyneux recently did an interview you, allowing you to further explain your negative comments regarding bitcoin.  Peter, it seems you don't fully understand what bitcoin is, and/or what the current value & future potential holds.  I hope that your rehearsed argument for bitcoin, is not solely because your financial brokerage business, needs to maintain the monetary status quo in order for it to flourish, as most of your recommendations are a hedge on poor monetary policy.  Full disclosure, as I and family members are/have been clients of Euro Pacific.  

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Is Peter Schiff Wrong? - CoinAxis

Is Peter Schiff Wrong? - CoinAxis

Is Peter Schiff wrong?

Peter schiff did a phone interview with CNBC on Tuesday, where he went on to skewer bitcoin as a "modern day tulip mania".  This was in response to Tyler & Cameron Winklevoss's statement about bitcoin being gold 2.0.  There might be some excitement in bitcoin right now, but it's on a very small scale, given the vast majority of people are not aware of bitcoin, and certainly don't own any.

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