Did someone say to peel the potato and bury it?
I don't think burying it will hurt anything, except increase your chance of disease.
But definitely, don't peel it! The potato is alive, and by imparting such massive injury, there is certainly a reduction of ...something as it deals with the giant wound. What would you do without your skin?
On the other hand, could it make the potato produce plant "endorphins" of some kind?