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Peter Schiff Will Have to Go Out and Buy a Bitcoin? Anthony Pompliano Challenges Economist on 5-Year BTC vs. Gold Bet
Anthony Pompliano, CEO of Professional Capital Management, challenged Bitcoin (CRYPTO: BTC) skeptic Peter Schiff with an interesting bet on a podcast that aired Thursday. During the Pomp podcast, Pompliano proposed a friendly five-year bet on Bitcoin versus gold. If Bitcoin beats gold, Schiff sends Pompliano 1 BTC. If gold outperforms Bitcoin, Pompliano will send Schiff 1 BTC. But Schiff said he doesn't have any Bitcoin. "I'd have to go buy you a Bitcoin. I don't know cos what if it goes up? I'm like unhedged on that," the economist chuckled. While Schiff remains confident that Bitcoin will underperform, he noted that ...
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