Gold advocate and vocal bitcoin critic Peter Schiff has warned of a bubble in bitcoin exchange-traded funds (ETFs) that will burst when gold rallies. Schiff argues that gold will “inevitably” break out, and the price of bitcoin will crash as investors withdraw from bitcoin ETFs. “Bitcoin has basically become a bet against gold,” he stressed. […]
Source: https://news.bitcoin.com/peter-schiff-predicts-bitcoin-etf-bubble-expects-btc-to-crash-when-gold-breaks-out/
