CandleFocus Peter Brandt Clashes With Peter Schiff Over BTC/Gold Debate
2024-09-07
Author: Content Editor
Peter Brandt and Peter Schiff have entered into a debate over the performance of Bitcoin compared to gold. Schiff pointed out that the Bitcoin ETF has gained less than 10% since its launch, while gold is up 24%. Brandt responded by arguing that a long-term perspective shows a Head and Shoulders pattern forming, favoring Bitcoin over gold. Schiff countered by saying he sees the same chart in favor of gold. The debate highlights the differing views on Bitcoin as a safe-haven asset and its potential to replace gold as a store of value.
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