IMO

@peterschiff

can't imagine paying more for #Bitcoin    than its price when he was first introduced to it (I think this was ~$1).

He was so wrong about Bitcoin that he's traumatized.

He likely thinks people will claim he's a fraud if he suddenly becomes a Bitcoiner and ditches all the people he convinced NOT to buy Bitcoin.

Peter has spent so much of his time and money to build a business that sells gold, and Bitcoin disrupts that.

All of his time invested into gold over the last 10+ years could instead have been used to build and compound on a Bitcoin-based business.

If you're listening to Peter, you probably still think Blockbuster was smart to ignore Netflix, and VHS/DVDs will make a comeback.