Due to its nature as a paradigm-shifting technology, Bitcoin and its brethren have been trashed for years now. Out of this asset class’ countless skeptics, Peter Schiff is likely one of the first to come to mind. Schiff, a prominent gold proponent, has been lambasting Bitcoin for at least five years, claiming that it pales in comparison to gold in many respects.
But, in an interesting turn of events, the chief executive of Euro Pacific Capital recently agreed to hear the arguments of Bitcoin bulls, on two forums no less. There’s no guarantee that he will change his mind on the cryptocurrency, but here’s to hoping.