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Frostie-Flake
Peter Schiff
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Comments by "Frostie-Flake" (@PlanetFrosty) on "Peter Schiff" channel.
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Gold is no longer a store of value because of unknown paper gold and derivatives. Peter Schiff may end up in jail for curious bank TradFi old fashioned debt swaps it appears, with unusual funds origins. We’ll see, but 18th Century Banking is DOA along with scammers trying to merge the shady TradFi practices into crypto lending nonsense. Neither Peter nor scammers understand the use case in a digital world of bitcoin or Lightning Network(Lighting able to move dollars now may save dollar converting it to proof of work and proof of work contracts. Work and value of property rights is what is protected in a proper digital model. Sovereign Individual age is arriving and better proof of ownership and private property Schiff can’t provide in gold. Yes, it has its place, but with derivatives and new massive find prices may decline.
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