Courtesy of Mish.
On March 21, Peter Schiff made wildly inaccurate claims in his post that labeled Bitgold a “Secret Taxation Time Bomb“.
James Turk, founder of GoldMoney responded to Schiff in his article March 22 article Peter Schiff’s Taxation Tantrum Post about BitGold.
I responded to Peter Schiff on March 23, with BitGold vs. SchiffGold: Facts vs. Fiction.
Roy Sebag, founder of BitGold, weighed in on the matter later in the day on the 23rd. Sebag now challenges Schiff to a debate.
Sebag’s Response to Schiff
Sebag responded to Schiff in a no-hype article simply titled Roy Sebag Response to Peter Schiff’s BitGold Truth Piece.
His post contains much of what I covered, but with additional details.
In addition, Sebag covers some aspects that I didn’t, including a financial analysis of Bitgold the company, and its profit model.
