Bitcoin vs bank: Nayib Bukele reminds Peter Schiff why banks can’t trump BTC
Since the closure of his bank in Puerto Rico, Peter Schiff has been at the receiving end of Bitcoin (BTC) proponents, reminding him this wouldn’t have happened if he was using BTC. The latest to taunt the gold proponent is none other than El Salvador President Nayib Bukele, who has had a fair share of […]
Peter Schiff's bank closure strengthens Bitcoin case for financial freedom
Prominent economist Peter Schiff, who is well-known in the community for his anti-crypto sentiments, had his bank shut down by Puerto Rico regulators. The revelation, however, led to Crypto Twitter pointing out the “irony” as Schiff’s prediction for Bitcoin (BTC) came true for his own traditional bank. Puerto Rico regulators closed down Schiff’s bank for […]
‘Extreme fear’ as Bitcoin falls below $40K … and then bounces
The price of Bitcoin has slumped below $40,000 for the first time in six weeks. The slide took place near the close of the day on Sept. 21, with BTC prices having drawn down by 16% from nearly $47,300 at the start of the day, to tag a local low of $39,650 at roughly 9pm […]
Peter Schiff wins debate over whether gold is a better store of value than BTC
Gold proponent and crypto skeptic Peter Schiff has been crowned the winner of a debate on whether gold is a superior store of value to Bitcoin. Schiff was facing off against Skybridge founder and former politician Anthony Scaramucci in a debate hosted by Intelligence Squared on Aug 25. Before the gold vs Bitcoin debate began, […]
Peter Schiff’s son moves 100% of his portfolio into Bitcoin
Spencer Schiff, the son of gold bug and major Bitcoin (BTC) critic Peter Schiff, seems to have decided to move all his portfolio investments into one single asset, Bitcoin. “My son went all in on Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin,” gold bug Schiff announced Wednesday […]
Bitcoin is technology but gold 'is dead,' Mark Cuban tells Peter Schiff
Bitcoin (BTC) and Ether (ETH) are empowering but gold is “dead,” billionaire Mark Cuban has told one of cryptocurrency’s biggest naysayers. In a Twitter debate on Mar. 2, Cuban, who has become increasingly sympathetic to crypto, warned Peter Schiff that gold “will die” as a store of value (SOV). Cuban to Schiff: “Gold is dead, […]
Elon Musk says BTC, ETH prices “high” while dunking on Peter Schiff
While his electric car company announced a Bitcoin purchase weeks ago, Elon Musk finally became a true Bitcoiner last night by engaging in a time-honored cryptoTwitter pastime: dunking on Peter Schiff. Yesterday morning Schiff, the noted gold bug and Bitcoin skeptic, posted a Tweet thread in which he criticized Elon Musk’s comment that Bitcoin is […]