Galaxy CEO Criticizes Peter Schiff's Stance On Bitcoin

According to PANews, Galaxy CEO Mike Novogratz recently expressed his views on the X platform regarding Peter Schiff, a well-known advocate of gold and a critic of cryptocurrencies. Novogratz highlighted that while Schiff's macroeconomic perspectives align closely with his own, Schiff's decision not to invest in Bitcoin is surprising. Novogratz remarked that Schiff's approach is akin to digging a hole for himself and refusing to climb out. He acknowledged that Schiff holds gold, silver, and other 'hard assets,' but speculated that despite Schiff's outspoken criticism of cryptocurrencies, he likely has not shorted Bitcoin. Instead, Novogratz suggested that Schiff has only undermined his own reputation by maintaining his critical stance.