Peter Schiff

So people trust him all the time with their crypto.

So how is that different than trusting a company?

Like a Brinks, for example, to hold your gold.

They've been doing it for 160 years and nobody's lost any gold with Brinks.

So you can trust third parties.

But also, I know that one of the biggest things in crypto right now is stablecoins.

And what's a stable coin?

Well, that's where you have a third party who you trust with your dollars or your euros or your yen, whatever your token is stabilized to.

Most of them are dollar tokens, right?

Like Tether, you're trusting Tether.

When you buy Tether's token, you've trusted a third party that they have the dollars to back up your token.

So if he's going to say that, well, tokenized gold is no good, well, then

then neither are stable coins.

He's basically throwing the whole industry under the bus at the same time he's criticizing tokenized gold.

So I pointed that out.

I said, look, I'm happy to debate this with you.

I love to debate tokenized gold versus Bitcoin, not just regular gold, because it was the concept of tokenized gold that he was

that, you know, he was critical of and said, I had it wrong.

And so he said, yeah, let's do a debate.

And I'm like, great.