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RE: Silver Newsletter writer quits to support Crypto Currencies. Wow.
Peter dislikes bitcoin because he thinks it has no utility value. Schiff truly believes that utility value is very important, and you can tell because he discusses it all the time: silver in solar panels, gold in electronics... etc etc. It's not some fear based dislike of Bitcoin. It's based on what he thinks matters in a fundamental, principled way.
Andy Hoffman's views were originally similar to Peter Schiff's. The point of the article is that his views, like mine, have totally changed, so much so that he can no longer write the precious metals newsletter. That is truly amazing.
As to utility value, Peter Schiff is right that utility value is important. But the crypto currencies have an amazing future utility value, as a private secure money. Here is a speech I attended by Peter Schiff in January.