CEO of Euro Pacific Capital, Peter Schiff, has now stated that pot is more useful than Bitcoin while saying that they are similar bubbles. Peter Schiff compares Bitcoin with pot: Claims the latter is more useful In a Twitter post, Peter Schiff said that pot was more useful than Bitcoin as it could be smoked while you “can’t do anything with Bitcoin.” He stated that both and Bitcoin were stock bubbles that were soon going to burst. With this, Peter Schiff has added Marijuana to the list of things he considers superior to Bitcoin. Previously he compared Bitcoin to a