Peter Schiff Criticizes Bitcoin Investment Strategies

According to Foresight News, gold advocate and economist Peter Schiff recently expressed his views on Bitcoin investments through a social media post. Schiff criticized the idea of purchasing shares in companies whose sole business purpose is to buy Bitcoin, stating that it is even more absurd than buying Bitcoin itself. He advised that if individuals wish to invest in Bitcoin, they should directly purchase the cryptocurrency. Conversely, if they are interested in stock market investments, they should opt for companies with tangible business operations.