12 Comments

  1. Peter Schiff spent so much of his time shitting on BTC just to make one digit percentage gains on gold

  2. tldr; Peter Schiff, a well-known Bitcoin critic, sarcastically suggested that MicroStrategy CEO Michael Saylor should take a $4.3 billion loan to buy Bitcoin from the U.S. government, which plans to sell 69,370 BTC seized from the Silk Road marketplace. Schiff’s comment reignited debates about Bitcoin’s value, with supporters defending its properties like durability and scarcity. Schiff, a proponent of gold, dismissed Bitcoin’s value, highlighting the ongoing ideological divide between traditional investors and Bitcoin advocates.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  3. I heard from a reliable source Sailor said, “you son of a bitch, I’m in“

  4. Saylor buy now from the government so he can lend it back to them in 10 years when it’s 20x the price no problem business as usual you buy you sell

  5. Gold is up really by a lot tbh like 80% in 5 years. That’s almost like SPX so solid performance for a hedge against market crashes.