Mike McDonald: Peter Schiff is betting on gold, not bitcoin, so he doesn't have to worry about his California tax bill.

According to the u.today report, a few days ago, California lawmakers announced a bill to deal with the financial crisis after the state was shut down due to contagion. The survey reported that each year the state's wealthy receive 4% of their debt (over $ 30 million for individuals, plus $ 15 million for spouses). Gold promoter and Bitcoin challenger Peter Schiff has announced that if the tax bill passes, former Californians who left the state ten years ago will also have to pay taxes. He concludes by saying that any rich man who wants to move to California is crazy. World-class poker superstar Mike McDonald sarcastically suggested to Peter Schiff a message that there was no need to worry because Peter Schiff decided to play for gold instead of bitcoin.