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News Explorer — Crypto Critic Peter Schiff Inadvertently Makes a Case for Bitcoin

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Aug 6, 7:47 pm
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Crypto Critic Peter Schiff Inadvertently Makes a Case for Bitcoin

In a tweet, Peter Schiff, a well-known gold bug and crypto skeptic, unintentionally acknowledged that Bitcoin has multiple real-world use cases. He argued that investing in Bitcoin ETFs undermines the reasons for buying Bitcoin, such as decentralization and peer-to-peer transactions. This statement drew mockery from Bitcoiners who saw it as an admission of Bitcoin's value.

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