Peter Schiff

and made into jewelry or used in all kinds of applications.

But that's not the case with Bitcoin.

It can't be used for anything today, and it can't be used for anything tomorrow.

But people confuse store of value with price.

People say, well, it's a great store of value because I bought it 10 years ago, and it's 10 times higher.

Yeah, that's not a store of value.

You bought it, and the price went up.

But price is not the same as value.

Something can be overpriced or underpriced.

Price is not value.

Price is what you pay.

Value is what you get.

And price can be very divorced from value.

It depends on the circumstances.

But you can't store a price.

So just because Bitcoin, the price is $93,000 for Bitcoin, I can't store that.

Because price is a function of supply and demand.

And it's possible that in the future, there's no demand for Bitcoin, which means the price is zero if nobody wants it.

There's never going to be a situation where there's no demand for gold.

In fact, the lower the price of gold, the more demand there is.