Peter Schiff Will Have to Go Out and Buy a Bitcoin? Anthony Pompliano Challenges Economist on 5-Year BTC vs. Gold Bet

From finance.yahoo.com Watch this video at https://www.cryptocraft.com/news/1410142-peter-schiff-will-have-to-go-out-and.

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 buying BTC now for the bet would put him in trouble if the price declines.