Tucker Carlson Asks Peter Schiff Why Bitcoin Can't Replace Dollar: Economist Agrees The Two Share This Characteristic, But…

Tucker Carlson Asks Peter Schiff Why Bitcoin Can't Replace Dollar: Economist Agrees The Two Share This Characteristic, But…

Economist Peter Schiff weighed in on Monday on why Bitcoin (CRYPTO: BTC) would never replace the dollar as the global reserve currency, despite the declining purchasing power of the greenback. Bitcoin’s Value Depends On ‘Greater Fool’ Theory Appearing on the Tucker Carlson show, Schiff said that the apex cryptocurrency lacks any appeal beyond what he often describes as the “greater fool” theory, a concept where people buy assets, not based on th…

Peter Schiff Dismisses Bitcoin as Global Reserve

Peter Schiff challenges Bitcoin's potential as a global reserve currency, citing its decline against gold.

Gold vs. Bitcoin: Will BTC Be the Next Global Reserve Currency? Peter Schiff Says No

Economist and gold advocate Peter Schiff has dismissed the idea that Bitcoin could become a global reserve asset. He claimed that the cryptocurrency lacks the intrinsic value of money to serve this purpose. According to him, the appeal of Bitcoin still rests on speculation rather than economic use. The remarks from Schiff follow a fresh The post Gold vs. Bitcoin: Will BTC Be the Next Global Reserve Currency? Peter Schiff Says No appeared first o…