Friday, May 28, 2021

BTC for Peter Schiff - is this the best way to convince a skeptic?

Gold market veteran and Bitcoin (BTC) skeptic in one person, Peter Schiff, has received BTC worth about [...] https://www.pinterest.com/pin/1085437947660215829/

A gold market veteran and Bitcoin (BTC) skeptic in one person, Peter Schiff, has received about $1,350 worth of BTC from the cryptocurrency community. All as part of the donations he received on July 4. Schiff, who is well known for warning investors not to buy bitcoin or consider it as an alternative to gold, recently got into a Twitter discussion with Morgan Creek Digital co-founder Anthony Pompliano. The latter accused him of actually owning some parts of Bitcoin despite speaking negatively about cryptocurrencies. Schiff replied that it was rather a symbolic amount. This is because he received BTC as a gift. Today, a portion of the cryptocurrency given to a bullion supporter is worth only $100. Pompliano then came up with an interesting idea. He asked Peter for the BTC address, on which Peter has deposited funds in the digital currency. When he received it... he doubled the value of his wallet. BTC for the skeptic Other social media users then followed suit. In the wake of the action, Schiff's wallet already contained the equivalent of more than $1,440 (0.128 BTC) after a total of dozens of transactions credited it with funds. The Schiff Gold CEO thanked Pompliano and others when his balance was already over $1,300. He added that he would keep the funds. To verify this, you have to follow his portfolio, the balance of which can be seen at this link. The very statement that he will keep the cryptocurrencies shows a slight evolution of his skepticism. "It doesn't matter how high the price of Bitcoin is unless you sell it. Any buyer must eventually sell to realize any benefit from the increase " -he wrote about the Bitcoin market last week, suggesting that BTC is only for speculation. Schiff has earned himself the image of a crypto skeptic, but in reality, he's not as clear-cut a figure as some make him out to be. In particular, he has been increasingly open to cryptocurrencies for some time. Schiff Gold, for example, even offers Bitcoin as a payment method for gold. BTC or gold? In our pages we have already considered which is better to invest in - gold or Bitcoins. You can find the results of our analysis here. Tags Anthony Pompaliano bitcoin bitcoin btc price Peter Schiff Schiff gold gold btc gold

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