If you’ve been following Peter Schiff for his prediction of the 2008 financial collapse or strictly because of his affinity for gold, then you’re probably aware that he is not a fan of (BTC), but would he be interested in gold-backed smart contracts?
The United States Federal Reserve cut interest rates by another quarter-point on Sept. 18 following the European Central Bank’s Sept. 12 announcement on its negative interest rates and decision to re-introduce quantitative easing. With negative-yielding bonds looking like a shaky refuge from the storm looming on the horizon, prominent investors such as Ray Dalio, Paul Tudor Jones and Stan Druckenmiller have been suggesting gold as a safe haven from what has been called a world war of currencies, with China and Russia appearing particularly keen to weaken the U.S. dollar’s political hegemony.
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