Gold supporter Peter Schiff: Bitcoin is not as good as gold as an investment vehicle

Peter Schiff, a loyal supporter of gold, recently tweeted to explain why Bitcoin is not as good as gold as an investment vehicle. He said that Bitcoin supporters claim that Bitcoin is superior to gold as a store of value. However, if you buy gold at a high price in 2019, it will only fall by 3%; and if you do the same with Bitcoin, you will lose 48%. To make matters worse, those who sold gold and bought GBTC fell 54% in trading.