Peter Schiff vs. Michael Saylor: The Parody Debate
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For years, I’ve challenged Michael Saylor to a live debate — and for years,
he's avoided it. Well, here we are. Let me start with something simple:
money, real money, has 3 characteristics. It must be a medium of
exchange, a store of value, and a unit of account.
Gold meets all three. Bitcoin meets none. Gold is durable, divisible,
portable, and has intrinsic value. It’s been used for 5,000 years
across all civilizations. It’s non-reactive — unlike copper or silver, it doesn’t tarnish. It reflects light.
It conducts electricity. It’s malleable, beautiful, rare — and useful in aerospace,
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