PANews reported on October 23rd, according to CounterParty TV, that economist Peter Schiff said he would have made the most money of his career if he had bought Bitcoin when he first heard about it, adding, "In hindsight, I should have done that." However, he also believes that most investors will ultimately lose money on Bitcoin. Peter Schiff announced the launch of a tokenized gold platform and a neobank. The platform allows users to use gold as a payment medium, allowing them to make payments and receive money using debit cards, with transactions automatically settled by selling gold. Schiff stated that accounts and payment tools denominated in gold will be provided.