Peter Schiff Claims Nvidia’s Success Highlights Bitcoin’s Utility Flaws, Emphasizes Gold’s Importance

Cryptocurrency critic Peter Schiff has recently found a novel reason to argue why Nvidia’s meteoric rise could spell bad news for Bitcoin. Schiff has pointed out that each graphics processing unit (GPU) made by Nvidia contains some gold, whereas Bitcoin contains none. He emphasizes that Bitcoin relies on gold for mining purposes, suggesting the cryptocurrency’s

Source: CoinOtag