Peter Schiff: No one is buying gold with bitcoins at Euro Pacific Metals

Peter Schiff’s Euro Pacific Capitals made headlines when it announced a partnership with BitPay to process bitcoin transactions for gold and silver bullion. This story went viral because Schiff has previously lambasted the peer-to-peer decentralized digital currency.

Speaking with CNBC on Thursday, Schiff noted that not a lot of customers are purchasing gold with bitcoins. “You know, last I checked we only had one person who bought gold with bitcoin.”

The video posted also discussed the United States economy and stock market.

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