Is Bitcoin a Scam? Peter Schiff’s Brutal Case Against “Digital Gold”

Peter Schiff doesn’t hold back. In this cut he claims Bitcoin isn’t digital gold, calls the pitch “BS,” and argues it can’t replace gold in any real-world use. Watch for the sharpest moments, then decide if he’s exposing a hard truth or just poking the hornet’s nest.

What you’ll see:
• Why he says Bitcoin can’t replace gold’s industrial demand
• His take on ETFs, liquidity, and how crashes start
• Tokenized gold vs Bitcoin and what custody risk really means
• The core clip to watch: 00:04–00:19 “not digital gold”
• Quick hits: 00:44 “you can’t put Bitcoin in a chip,” 05:03 “absence of buying”

Question for the comments: is Bitcoin a store of value, speculation, or both? Drop your stance and why.

More about this topic here:

https://www.linkdomain.com/is-bitcoin-a-scam-peter-schiffs-brutal-gold-warning/