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.