Schiff Sounds 'Complete Fraud' Alarm for Saylor's $62 Billion Bitcoin Strategy
Schiff slams Saylor's Bitcoin strategy as "complete fraud," Here's why
Peter Schiff is back on social media, criticizing Michael Saylor's Bitcoin strategy again. This time, the infamous expert called it a "complete fraud" that he thinks will ultimately lead to bankruptcy. This followed the company's announcement that it now holds an incredible 582,000 BTC, having purchased an extra $110 million worth of Bitcoin.
Source link:
https://u.today/schiff-sounds-complete-fraud-alarm-for-saylors-62-billion-bitcoin-strategy
Look at the bad comments made by Bitcoin fans of MSTR company to Peter Schiff, no Microstrategy company fan should be panicked after seeing this comment. Where MSTR is successful in Bitcoin investment, Peter Schiff has thrown such bad comments among the fans.
He has been investing in Bitcoin for a long time and has not faced such comments since the time when it should have been, but in the recent period when the price of Bitcoin has been rising, how can Peter Schiff face danger at this time, which he has guessed is completely ridiculous.
Schiff sells gold so eh has an incentive to always be talking nonsense about Bitcoin in order to fool the public into not buying Bitcoin and buying Gold instead. He is scared that the gold marketcap shrinks and people buy BTC as the mainstream investor understands it's the better asset. Slowly but surely the new generations familiar with computers will store their wealth in BTC and not in shinny rocks that you cannot do anything with and will get confiscated on every border you try to cross. Bitcoin wins and Schiff will continue to watch holders get rich. MSTR will be the biggest company on earth as the biggest BTC holder.