Peter Schiff

Maybe it doesn't even pay a dividend now, but I believe in the future it will, but it's a more mature company and earns more money.

So I'm betting on the growth of the business, the online business.

But Bitcoin doesn't grow.

It doesn't do anything.

It stays exactly the same.

I mean, the Bitcoin is just, nothing's going to change other than the price.

But why would the price of Bitcoin go up if the Bitcoin itself is not going to change?

It's not going to generate any more income because it generates no income, right?

And it's a function of expecting people just to pay more for the exact same thing.

If I think someone's going to pay more for my stock in the future, it's because the company is earning more money.

It's a more valuable business because it has more sales.

It has more income.

And so that's changing.

But Bitcoin is never going to change.

The only thing that can change is the price.

And the only reason the price is going to be higher is if somebody is willing to pay that higher price.

Right.

Well, look, if we create inflation, then prices go up for things.

But they may not go up for Bitcoin because prices go up for things that we need and have to buy.

So if I have to buy gas and the government doubles the money supply, all right, well, maybe I have to pay twice as much for the gas that I need.