Peter Schiff is a gold guy through and through, it's what he knows. Bitcoin is something new, totally different, an evolutionary step forward. Some people will rise to the new challenge and become very successful other people will unfortunately fall by the wayside.
This has happened many times throughout history.
Over the last few years it has become apparent that Bitcoin has become to many people the go to form of wealth storage for many reasons. Whilst gold is often tarnished with anecdotal evidence of price fixing and manipulation (nearly always lower) which hurts the investor.
Over a timeline of 100 years, yes gold will probably hold it's value well. Over the next 5/10 years it is obvious to most impartial people that Bitcoin is going to blow gold out of the water.
-WetWipe
RE: Max Keiser vs Peter Schiff: The Bitcoin vs Gold Debate!!