Peter Schiff: Bitcoin Is A Threat To The US And 'Public Enemy Number One'

Peter Schiff: Bitcoin Is A Threat To The US And 'Public Enemy Number One'

Renowned Bitcoin critic Peter Schiff has labelled Bitcoin (CRYPTO: BTC) as a greater threat to the U.S. than to gold. What Happened: In a post on social media platform X on Sunday, Schiff criticized the possible use of public funds to buy Bitcoin. While acknowledging private investments as personal choices, Schiff argued that government purchases of Bitcoin misallocate resources, harming productive sectors. He sees Bitcoin as a greater concern …

Bitcoin USD A National Security Threat – Peter Schiff

Peter Schiff criticizes Bitcoin, calling it a “national security threat” and urging Biden to sell off the U.S. government’s seized Bitcoin. Alex Kruger remains bullish, likening Bitcoin’s rise to gold’s post-Gold Standard boom in the 1970s. Bitcoin’s growing institutional adoption, including Bitcoin ETFs, contrasts with Schiff’s view of the asset as a speculative bubble. Bitcoin USD, the dominant leader in the crypto space, continues to gain at…

Peter Schiff Says Biden Selling All US Bitcoin Would Be "Good," Here's Why

Renowned economist Peter Schiff has made another bold statement against Bitcoin. Schiff stated that Joe Biden’s government selling all the country’s BTC holdings would be a good thing and further explained why such a move would benefit the US. Peter Schiff Says Biden Selling All US Bitcoin Will Be “Good” In an X post, Peter Schiff stated that the one “good thing” Biden can do before leaving office is sell all the US government’s Bitcoin holdings…

Bitcoin ASIC Maker Bitmain Shifts Gears With US Production Line Amid

The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is […] Source link

Peter Schiff Calls Bitcoin “Public Enemy Number One”

Renowned gold advocate and longtime Bitcoin skeptic Peter Schiff has once again made remarks on the flagship cryptocurrency. Taking on X (formerly Twitter), Schiff declared that “Bitcoin has become a national security threat.” Peter Schiff Slams Bitcoin In his post, Schiff called Bitcoin a...

Peter Schiff: Bitcoin Is A Threat To The US And 'Public Enemy Number One' - DexInsider

Renewed Bitcoin critic Peter Schiff has labeled Bitcoin (CRYPTO: BTC) as a great threat to the U.S. Than to gold. What Happened: In a post on social media platform X on Sunday, Schiff criticized the possible use of public funds to buy Bitcoin. While recognizing private investments as personal choices, Schiff argued that governance acquisitions of Bitcoin massaclocate resources, harming productive sectors. He sees Bitcoin as a greater concern for…