👑 Mar 20, 2023: Finbold > Schiff believes that one option likely to be embraced by global economies will be digital gold but expressed skepticism about Bitcoin’s ability to become one of the digital currencies in the future, he said in an interview with Mike Adams on March 17. - #Bitcoin

 Paul L.

CRYPTOCURRENCY

Mar 20, 2023

finbold.com

According to Schiff, people will start transacting in digital gold either through blockchain technology or private companies tokenizing the metal. He noted that the shift to digital currencies would be due to the dollar’s rapid devaluation. 

“Eventually, I think the world will move away from fiat currencies, and I think a lot of people will start transacting in gold again. <…> I know there are some people out there that think they’re going to use Bitcoin, that ain’t going to happen,” Schiff said. 

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