Peter Schiff Will Have to Go Out and Buy a Bitcoin? Anthony Pompliano Challenges Economist on 5-Year BTC vs. Gold Bet

The article covers a public Bitcoin-versus-gold wager proposed by Anthony Pompliano to long-time Bitcoin skeptic Peter Schiff. Pompliano offered a 1 BTC bet over five years: if Bitcoin outperforms gold, Schiff pays 1 BTC; if gold wins, Pompliano pays 1 BTC. Schiff said he does not own Bitcoin and would have to buy some to take the bet, while reiterating his bearish view and reluctance due to downside risk. The piece frames the debate as another example of the ongoing gold-versus-Bitcoin narrative, noting that gold has outperformed Bitcoin over five years, but Bitcoin has led on a four-year basis. The market impact is mostly sentiment-driven rather than price-moving, reinforcing the long-running divide between Bitcoin skeptics and bulls.