After Elon Musk’s statements about Bitcoin, a statement came from Peter Schiff. Details are in our news
A Bitcoin statement came from Peter Schiff!
After Elon Musk, another Bitcoin critique was made by the American millionaire and Euro Pacific Capital. It came from its CEO, Peter Schiff.
The famous millionaire stated in his tweet that Bitcoin is a gamble. Referring to Tesla CEO Elon Musk’s tweets about Bitcoin since last week, Schiff said that Musk’s tweet had an impact on the Bitcoin price, and that a statement being so effective on bitcoin puts him at risk and how Bitcoin can be a safe haven.
“ A tweet can have so much impact on the price of Bitcoin, how can anyone seriously think it’s money? How can Bitcoin be a safe haven if a one-word tweet puts it at risk? By now, it should have been understood that buying Bitcoin is not investing, but gambling.”
See: Bitcoin news and breaking news
Bitcoin supporters under Peter Schiff’s post Lots of comments were made. Twitter users pointed out that the decline in the value of BTC occurred as the currency regularly corrected itself in the market. He added that Elon Musk had nothing to do with it.
Bitcoin is momentarily trading at just over $45,000 with 8% daily depreciation of 22% weekly.
The famous American businessman Elon Musk continues to affect the Bitcoin price with tweets. Finally, he responded to a tweet by a twitter user, implying that Tesla will sell Bitcoins in his portfolio, saying “really”.
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