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Peter Schiff: Bitcoin is a Scam

Summary: In response to Adam Livingston's statement that 'ordinary people would rather spend 40 years buying depreciating paper currency issued by banking groups than spend 40 hours understanding Bitcoin,' gold advocate and economist Peter Schiff commented, 'It doesn't take 40 hours to understand that Bitcoin is a scam.'

In response to Adam Livingston's statement that 'ordinary people would rather spend 40 years buying depreciating paper currency issued by banking groups than spend 40 hours understanding Bitcoin,' gold advocate and economist Peter Schiff commented, 'It doesn't take 40 hours to understand that Bitcoin is a scam.'

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