Anthony Pompliano, CEO of Professional Capital Management, challenged Bitcoin (CRYPTO: BTC) skeptic Peter Schiff with an interesting bet on a podcast that aired Thursday.

Will Schiff Put A Bitcoin on the Line?

During the Pomp podcast, Pompliano proposed a friendly five-year bet on Bitcoin versus gold. If Bitcoin beats gold, Schiff sends Pompliano 1 BTC. If gold outperforms Bitcoin, Pompliano will send Schiff 1 BTC.

But Schiff said he doesn’t have any Bitcoin.

“I’d have to go buy you a Bitcoin. I don’t know cos what if it goes up? I’m like unhedged on that,” the economist chuckled.