[Peter Schiff: The worthless aspect of Bitcoin lies in the fact that it can hardly do anything] Odaily Planet Daily News - Senior economist, founder and chief market strategist of Euro Pacific Asset Management & Schiff Gold, Peter Schiff: 'To me, the worthless aspect of Bitcoin lies in the fact that it can hardly do anything. Sure, you can transfer it to one another, and the system is quite smart, but at the end of the day, the Bitcoin I transfer is essentially useless.'