Bitcoin skeptic and gold advocate Peter Schiff congratulated those who managed to buy the first cryptocurrency before take off and made Wall Street succumb to “this mania.”
Congratulations to those who bought Bitcoin early, pumped up the price, and who’ve been dumping into the hype. You succeeded in getting Wall Street to buy into the mania. When I first learned about #Bitcoin I didn’t think smart investors would be dumb enough to buy. I was wrong.
– Peter Schiff (@PeterSchiff) March 1, 2021
“When I first heard about Bitcoin, I didn’t think that smart investors would be stupid enough to buy. [биткоин]… I was wrong, “wrote Schiff.
In March 2020, a proponent of gold spoke unflatteringly about the brains of cryptocurrency investors.
In October, Schiff called Bitcoin the largest bubble in history. According to him, asset holders are more confident in their righteousness than investors during the dot-com and mortgage crisis.
In December, an implacable bitcoin skeptic criticized the head of MicroStrategy Michael Saylor for publicly announcing plans to buy the first cryptocurrency with $ 650 million raised by the company.
Recall that in January 2021, cryptocurrency enthusiasts told Schiff about the true purpose of gold. In February, Tesla and SpaceX founder Elon Musk explained to a precious metal supporter what real money is.
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