Pomp and Peter Schiff’s Showdown on CNBC Crypto Trader: Bitcoin vs. Gold. Euro Pacific Capital CEO and self-professed “gold bug” Peter Schiff took on Morgan Creek Digital partner Anthony Pompliano Tuesday in a jarring hour-long CNBC Crypto Trader debate over the merits of gold versus Bitcoin. Recently, Peter Schiff, CEO and chief global strategist of Euro Pacific Capital Inc, a gold lover and highly skeptical about Bitcoin, tweeted saying that he will be hosting a live session on YouTube and consequently invited willing participants to change his view towards Bitcoin.. Meanwhile, crypto enthusiast, Anthony Pompliano accepted the challenge and tweeted, claiming that he hopes, Schiff ... Schiff and Pomp Live Debate. Peter Schiff and Pomp recently streamed their live discussion featured on ‘Gold vs Bitcoin’. Gold supporter Schiff in the whole discussion does accept the properties that Bitcoin possesses but also advocates that gold is a better investment than Bitcoin as it is in reality. The gold bull and bitcoin naysayer, Peter Schiff has said that the leading cryptocurrency will never make it to $50k. As it stands, I can see where Schiff is coming from. Given that the market is being very volatile and struggling to reach even $11k, $50k is a bit of a dream at this point. That being said, we saw bitcoin reach its all-time high of $20k at the end of 2017 so who knows what ... Well, Schiff never saved it. What actually happened here is explained by ShapeShift CEO, Erik Voorhees, Here's what happened: after debate in 2018, we went to dinner. Peter had never used bitcoin before (!) I helped him set up wallet on his phone (Edge or BRD?), told him to secure it if he ever held significant value on it, gave him $50. The much-awaited debate between Anthony Pompliano and gold bug Peter Schiff happened yesterday on CNBC Africa where the cerebral faithful of t Peter Schiff, a market commentator and CEO of Euro Pacific Capital,believes that Bitcoin is headed much lower than the prediction of $50K. Schiff has criticized cryptocurrencies before on his Twitter handle and recently tweeted that Bitcoin will fall below $2,000 as it completes the dreaded head and shoulders pattern. “The Bitcoin chart looks horrible,” Schiff tweeted.
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