I really like Peter Schiff and give him a pass for not understanding Bitcoin due to his age.

But what he’s saying in this interview doesn’t really make sense and he should know better.

One of the problems with gold is that if productivity advances so much that a car costs a small grain of gold, you would have a difficult time protecting that small piece of gold.

Bitcoin fixes this because it can be divided into smaller units even smaller than one satoshi.

Yet Peter Schiff fails to see this.

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