Peter Schiff: Bitcoin Buyers are ‘Dumb, Inexperienced Kids’

[Margo]

Peter Schiff, well-known analyst and gold investor, expressed his opinion about Bitcoin buyers at the SALT conference this weekend. Schiff began with well-worn criticisms of bitcoin, calling it a “pump and dump scheme” that has “no value to hold.” One thing led to another and he managed to criticize an entire generation:

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