Schiff just has to read Satoshi's paper if he really wants to "get" bitcoin.
A man as ignorant as Peter Schiff will never read the original Satoshi paper.
He will always find an excuse not doing so, e.g. telling himself it is not worth his time. While in reality, he is just too dumb to understand it.
Just take a close look at the video. First he is clearly not interested in the subject at all, checking his mobile while "listening" to Trace Mayer.
Then he fakes some interest for 5 seconds. Then his face goes blank instantly when he is forced to actually think about what Trace says.
Schiff does not have the faintest clue how unbelievable stupid he looks when debating Bitcoin.
Thanks god, Bitcoin does not need people like Peter Schiff the same way as Peter Schiff does not need Bitcoin.