Economist Peter Schiff has announced the launch of a tokenized gold platform and a neobank, allowing users to utilize gold as a payment medium. The platform will enable transactions through debit cards, with automatic settlement by selling gold. Schiff emphasized that accounts and payment tools will be denominated in gold, offering an alternative to traditional currency systems. Despite acknowledging that investing in Bitcoin early could have been his most profitable move, Schiff maintains that most investors will eventually lose money on Bitcoin.