RE: Internet Having a Field Day With Peter Schiff
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LOL I respect his ideas on economics well some of them but he is a gold bug and shills gold up to the wazoo because he owns gold and gold-selling companies.
I've seen many crypto interviews and debates where he gets obliterated and he really is a dinosaur whose success in the old system has blocked him off to see the possibility.
He doesn't give two shits about BTC he just using all his marketing to shill gold and this is just another gold shill
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Maybe, but speculating about his motivations and what really happened doesn't matter to folks that do not have current expertise in extant IT tech. It may not be apparent to you, but Boomers have lots of money, and have been experts in their fields, which is how they got the money.
The tech landscape has utterly revolutionized repeatedly over the last 40 years. I know, because I have been a part of that landscape during that time. There are a lot of people with data on 3.5" floppies they can't use, and that proves to them every time they want to see the photos or data stored on them that BTC isn't secure.
If they have a gold coin under a floor board, they have a damn good reason to want another one, rather than .2 BTC.