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Is Bitcoin ‘Digital Gold?’ Peter Schiff Says ‘Perhaps It Never Will’ Make A New High Priced In Gold As Economist Shares Data That Undermines The Case

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Economist Peter Schiff on Sunday shrugged off Bitcoin’s (CRYPTO: BTC) recent record run and took exception to its comparison with gold. What Happened: Sharing a chart on X showing Bitcoin’s value denominated in dollar, Schiff said, although the cryptocurrency made a new high priced in dollars, it hasn’t hit “a new high priced in gold.” “Perhaps it never will. That undermines the case for Bitcoin being digital gold,” he added. This is a very interesting chart. While #Bitcoin made a new high priced in dollars, it failed to make a new high priced in …Full story available on Benzinga.com