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Peter Schiff Says Bitcoin Value 'Purely Subjective,' Unlike 'Objective' Gold, Economist Says BTC Has No 'Utility' Beyond Belief - Draws Fire

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Peter Schiff Says Bitcoin Value 'Purely Subjective,' Unlike 'Objective' Gold, Economist Says BTC Has No 'Utility' Beyond Belief - Draws Fire
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Noted economist Peter Schiff said on Tuesday that gold's intrinsic value stems from tangible properties as opposed to Bitcoin ( CRYPTO: BTC ) , which he deemed "purely subjective." In an X post, Schiff refuted claims by Bitcoin advocates that gold's value is subjective.

Written by: Aniket Verma

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