Nostr Web Client

I’ve met Peter Schiff in person a few times.

He is super chill, friendly, usually sun-tanned on vacation with chad vibes, etc. He’s trolling us.

He might be our industry’s most prolific troll, but ultimately he is just that: consciously trolling us.

His only argument is that bitcoin has no “intrinsic value” while meanwhile I’m active in two continents and am thankful that my multi-signature money isn’t attached to either one of them like gold would be. He has no answer for this. Bitcoin is the best at what gold can’t do: be globally accessible.

He’s famous from two decades ago, is rich and happy, and wants to sell gold. He is closed to Bitcoin intellectually but is happy to engage with bitcoiners that give him marketing. He’s a Puerto Rico chad. That’s who bitcoiners debate against; someone who is going for marketing and is happy for the engagement.

Reply to this note

Please Login to reply.

Discussion

Matt 1y ago

This is my conclusion as well. I generally like him outside of intentionally deceiving people so they will remain in gold.

Anti Spasti 1y ago

On point. 👌

SweedWick 1y ago

Word! Know your audience, but know your partners and colleagues as well. Hopefully! Looks like a fun time.

Lyn Alden 1y ago

nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle consider approaching Peter like he is a gold chad, fresh off the beach, who doesn’t give a fuck and who is just there for marketing, happy to win or lose the debate. He’s part of the joke, trying to benefit from the engagement happily. Probably the best argument is that Bitcoin is globally portable while gold is stale and domestic, and dunk on that. Peter is always worried about American collapse but be like, “if America collapses wouldn’t you want portable capital rather than domestic metal?”

imnuso 1y ago

Exactly this. Peter is engagement farming bitcoiner as a group for a while now and it’s fun to watch but it is not serious.

He’s not an idealist like nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle and many other Bitcoiners but has become cynical. Cynicism is his weak spot but idealism is ours tbh.

Aside from this the case is clear. There are things gold can’t do, that only Bitcoin can.

Who watches his gold while he is traveling the world to get that tan?

Fryheid 1y ago

Imagine him being denied entry back into the States for whatever reason, bye bye gold

imnuso 1y ago

Yeah exactly.

Or what about moving business operations to a different country quickly? Pain.

Global people shouldn’t use local money.

MyD0j0 1y ago

Why is the talking only about which asset is portable, when no one talks the passports that make portability useful in the first place?

If you are legally trapped in a country, so what if it can’t be accessed somewhere you can’t be, unless you have heirs that aren’t also trapped in said country.

Diversify or die

Brunswick 1y ago

Gold in a global collapse:

1) Silver has a large advantage over gold

2) The police is not on its way to protect your property (gold)

3) You cannot store gold in your brain with 12 words, or distribute access to the vault across family members

4) Protected mines and vaults can be opened and the inflationary pressure can ruin the value of gold

5) Communications and power is always the first priority to restore in a collapse, this is the domain of bitcoin. Protecting your bank vault is always the last priority.

6) Governments will knock on your door and tie you up to collect physical assets they can see, and will need to torture you to steal your bitcoin.

7) Nobody is going to front-run gold unless they have help from banks and the government

Chris Turkovich 🍇🥩🍾 1y ago

Spot on analysts. Schiff has been a great voice for sound responsable monetary policy. He has “prepped” thousands of people to be ready to understand the need for bitcoin. He is by far the Friendliest Bitcoin Troll on the planet

Draper Hodl 1y ago

Darth Schiff #bitcoin

ShiShi21m 1y ago

We're using him for the same net marketing boost.

One of those 69 affairs.

Room34 1y ago

who are the other 68?! 🙈😝

PiecoverBTC 1y ago

I always say "Buy the Schiff"

Hoshi 1y ago

once we find out how to zap gold peter schiff will join nostr 😏

Thomas 1y ago

😂👍🏻

Bud 1y ago

Mallers shouldn’t bother. Just block the troll.

inpc 1y ago

He’s very shouty, nearly broke my speakers… He could be debating Tottenham legend Ossie Ardilles and I still wouldn’t tune in, even though I could probably still hear him.

Bitpunk 1y ago

It's amusing, thinking we all want the same thing, escaping fiat, we just came to two different solutions

Rootdude 🤙🏻⚡️ 1y ago

For 8 years now, I have given him zero engagement. He’s been blocked and I could care less. I’ve known he’s engagement farming for years before that but tolerated it for fun.

We are not the same, are we?

a source familiar with the matter 1y ago

I've never heard of these Bridgecoins. Which bridge do they give you ownership of, again?

whitefleaCH 1y ago

But should we continue to engage with him?

Mudgestein 1y ago

I wonder why Spencer has dropped off the scene Lyn? Thankyou for that though, I think we all had our doubts. 🙂

JustinErtia 1y ago

Totally agree. I think he's great. He was an influence on me allocating physical. Like Mike Maloney alot too. They're good folk at heart these gold bugs.

davesoma 1y ago

In other words, a boomer trying to stay relevant. Kudos to him, by the way.

Marcob 1y ago

Peter Schiff's podcast introduced me to libertariniam and the concept of hard money around 2012.

As he'd often be on vacation, his stand in host was Stefan Molyneux who introduced me to philosophy and anarcho-capitalism.

Not to mention Schiff would regularly guest on Max Keiser's show.

Thanks to Schiff, I was skeptically buying my first Bitcoin in 2014 (even despite being a gold bug back then!)

Thomas 1y ago

He is just doing what he always does (promoting gold) since he is rich enough to not having to bother if he has an audience or not. Likes the publicity though. As you said, Lyn. 😅

Bewlay 1y ago

And yet Austrians and Bitcoiners are brothers (sisters) in arms. You’re more like uncle and niece than strangers when we meet. More in common than perhaps you think.

Bewlay 1y ago

PS what does Chad mean in the US? In England it means “low rent”

g0ldeneagle 1y ago

I’d say the best way to put it would be a jackass that’s confident to a fault.

Luke 1y ago

Isn't that "Chav?"

In the US, Chad is an alpha, head of the pack.

Bewlay 1y ago

Yeah could be … ta

Mnm 1y ago

Respect

https://youtu.be/RY0R0NpIdQQ?si=5crQ0KTeOYdanuZp

thepurpose 1y ago

Bring the Gold Bugs over here to nostr, nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a. 💆

stdjog12 1y ago

So he’s a decent guy except for the whole intentionally deceiving people about life saving and world changing technology grift. Cool cool.

emillafilipowicz 1y ago

Hi, I've got some exciting news for you,I Can teach you how to invest in stock mining turn your $200 into a whopping $5,500 with Bitcoin in just 4 hours! without interrupting your daily activities or sending money to anyone

TEXT ME IF YOU ARE INTERESTED FOR MORE INFO

WHATSAPP NO:+1(332)252-4701

SMS: +1 (703) 879-8125

WhatsApp link below 👇 👇👇👇

https://wa.me/message/7L7D2AETIXNUD1

Ben Ewing 1y ago

People sometimes say they’re ‘trolling’ you when in fact they’re just lying to you, but they prefer to use vocabulary as a way to make their intentions less obviously immoral.

In order for it to be trolling in the morally acceptable way they want you to believe they’re doing, they have to disclose it as trolling before you take action on it