Peter Schiff
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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.
Bitcoin works the reverse.
People want Bitcoin when the price is going up because they think it'll keep going up.
When the price starts to crash, people don't want to buy.
No, it is a store of value and people are afraid of inflation, not as fearful as they should be.
I mean, I think you're going to have a lot more buying, but I think the central bank buying
is more about the U.S.
dollar and the credibility of the United States to ever get its fiscal house in order.
We have deficits that are skyrocketing out of control.
Yes.
Well, it's been a problem I was talking about before that.
I mean, this problem did not...
happen overnight.
It's been building over the decades.
It is.