Quote from: tokyohd on Today at 05:45:45 AM

Peter Schiff’s Bank Set To Be Liquidated; Will He Finally Turn To Bitcoin (BTC)?

Did you read the whole news?

Quote from: https://coingape.com/peter-schiffs-bank-set-to-be-liquidated-will-he-finally-turn-to-bitcoin-btc/amp/

Peter Schiff’s predicament caught the attention of the crypto space. This is due to the fact that he remains a dedicated critic of crypto. Most crypto proponents used the event as an avenue to remind Schiff of the need for decentralisation in finance.

Despite this, Schiff has not relented in his criticism of Bitcoin and cryptocurrencies in general. He has especially recently taken to Twitter to slam MicroStrategy’s Michael Saylor on his bullish Bitcoin comments. He remains a staunch advocate of gold which he advises investors to go for instead of BTC.

Which means Peter Schiff may remain being a permanent bitcoin critic.

Quote from: mk4 on Today at 06:06:13 AM

Not sure if I completely get it, but how is him turning to bitcoin going to help him in this case, or at least prevent what happened?

That is true, I have watched the man's interview before, he does not believe in bitcoin because bitcoin is not like gold for him, as bitcoin is represented in numbers, unlike gold, but he forgot that nothing has value unless they got value from humans, and value comes from scarcity and demand. Bitcoin was designed in a way to have value, just like gold. I do not see OP to be related to his criticism too.

Quote from: NeuroticFish on Today at 09:04:50 AM

I have a different opinion. I think that he has bought some bitcoin long ago and hodling. Of course, not for the tech, not for the freedom, instead, purely as investment. I see no other reason he spends this much time keeping an eye on everything that happens with bitcoin (and some more).

Maybe he does not want bitcoin to dominate in the future, maybe he just believe in gold. It is possible that he has bought bitcoin, but no one knows that. I think he is just fixated with the gold things and something that are physically valuable and panic with something digital. He will always critize bitcoin for no two reasons, for gold. But bitcoin adoption continues as other critics like him and him continue to criticize bitcoin.