US economist Peter Schiff has expressed his belief in the superiority of gold over Bitcoin. With gold reaching new price records, standing at approximately $2,260, Schiff argues against the digital asset, stating that Bitcoin's failure to reach new all-time highs when priced in gold weakens the argument for it being considered digital gold. He emphasizes the potential risks and warns against the speculative nature of Bitcoin investments. Despite the ongoing debate, Schiff remains firm in his conviction that gold holds more value and stability compared to Bitcoin.
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