The value of legal tender depends on what kind of use value it can be exchanged for. The value of BTC, on the other hand, depends on how much value it can retain in the long run.
JinseFinanceDespite CNBC's focus on Bitcoin ETFs, Peter Schiff questions the wisdom of such recommendations amidst record-high gold prices. Schiff's skepticism towards Bitcoin's long-term prospects remains firm, particularly in light of gold's consistent performance. As Bitcoin ETFs face challenges, gold ETFs continue to thrive, indicating potential trouble ahead for Bitcoin and its associated assets.
Cheng YuanSchiff reiterates Bitcoin skepticism post-ETF launch, anticipating zero value. Mocks $10 million scenario, linking it to dystopian hyperinflation.
Huang BoPeter Schiff questions Bitcoin vs. gold comparison, criticizing claims of Bitcoin's superiority. Bitcoin at $40,214.47 faces market fluctuations, while gold struggles amid geopolitical tensions. Debate continues to shape financial perceptions.huang
Huang BoPeter Schiff’s bank closure highlights why Bitcoin is crucial for financial freedom as the nascent asset class has already helped nearly 4 million unbanked in El Salvador to gain banking facilities.
CointelegraphPuerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze.
CointelegraphINTERNET CITY, DUBAI, Jun. 15, 2022 – LBank Exchange, a global digital asset trading platform, will list TGK GOLD (TGK) ...
BitcoinistThe big boss of Devere Group believes in the potential of Bitcoin as a hedge against inflation, despite the ongoing ...
BitcoinistEconomist Peter Schiff - the favorite opponent of bitcoin evangelists on social media - has again sounded his trumpet of ...
BitcoinistNowadays, Gold and silver are being accepted as tokenized real-world assets by blockchain-based platforms. Blockchain-based digitization has taken currencies online, ...
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