Peter Schiff Argues Most Crypto Companies Are Headed for Bankruptcy

Description

SchiffGold Founder and Euro Pacific Asset Management Chief Economist Peter Schiff joins CoinDesk Live, presented by Celo, at Binance Blockchain Week to discuss his views on the current crypto market and his debate with CZ. In a no holds barred interview, Schiff compares the modern digital asset boom to the 2005-2006 subprime mortgage bubble and argues that most crypto companies are headed for bankruptcy. - Timestamps: 00:34 - Peter's Experience at Binance Blockchain Week 03:15 - 90% of Crypto Companies "Will Go Bankrupt" 05:32 - Why He Thinks Digital Assets Are "BS" + the Utility of Tokenized Gold 07:47 - Peter Previews His Message to CZ - #cryptocurrency #digitalfinance #finance #bitcoin #crypto - Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP