In other interviews he has more or less said that bitcoin maxis have an excellent point about the value of sound money, and that bitcoin has a lot of answers to the problems gold has. In this interview he questioned Schiff on bitcoin specifically, in addition to the possibility of a gold backed crypto. Schiff responded that he believes a gold backed crypto would be smart, but didnt elaborate on a consensus mechanism and admitted that it would require trust, defending his position by arguing that advanced economies require trust.

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