@ReformedShort When people “pay” using Bitcoin Schiff Gold never actually receives any Bitcoin. Bitpay sells the Bitcoin and pays Schiff Gold dollars. But yes, if you use Bitpay to buy anything from anyone, the Bitcoin are sold into the market first to enable the transaction.

by Peter Schiff
@ReformedShort When people “pay” using Bitcoin Schiff Gold never actually receives any Bitcoin. Bitpay sells the #Bitcoin and pays Schiff Gold dollars. But yes, if you use Bitpay to buy anything from anyone, the Bitcoin are sold into the market first to enable the transaction.

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