Bitcoin enthusiasts understand the macro thesis behind digital assets—hedging against inflation, currency debasement, and traditional financial system risks. Their reasoning on these fundamentals? Spot on. But here's the disconnect: the specific asset choice might be missing the mark entirely, according to market commentator Peter Schiff. The logic for owning hard assets as portfolio insurance checks out. The debate, however, centers on whether Bitcoin truly serves that purpose or if alternative store-of-value plays would better achieve those protection goals. It's a tale of right strategy, questionable execution.