Peter Schiff Interview on "Lets Talk Bitcoin"

Peter Schiff : "Ponzi Scheme" and "Bitcion has no intrinsic value".


Peter Schiff & E. Voorhees on Ed & Ethan ED AND ETHAN SHOWNOTES: (edandethan.com/podcast/ed-ethan-…ther-and-bluster/) Well, we had a veritable cornucopia of stories lined up for this week but the Bitcoin bug bit us and bit hard.After hearing Peter Schiff talk about how Bitcoin is a Ponzi Scheme, we decided to book him for a quick back and forth that turned into an entire segment! We couldn’t let it go and turned to Erik Vorhees, a Bitcoin business rockstar and eloquent defender of the world’s leading cryptocurrency to take on some common myths pushed by Peter during our second half.
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.