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Peter Schiff Shocks Crypto Community After Bitcoin NFT Announcement

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One of Bitcoin’s most vocal skeptics who has spent the last decade trying to convince Bitcoiners that BTC is worthless is bullish on Ordinals. advertisement Economist and an adamant gold proponent unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction. Schiff’s announcement shocked the crypto community with his announcement to say the least. Crypto Community Reacts To Peter Schiff’s Announcement Cryptp Twitter expressed shock and confusion on the economist’s announcement. Some even checked if his account was hacked as it was so hard to believe. Crypto entrepreneur Anthony Pompliano tweeted, “Welcome, Peter. We have been awaiting your arrival.” To which Schiff replied, “I haven’t arrived yet. But here’s your chance to buy something to commemorate what you hope will be the early days of Bitcoin , and its most steadfast critic. If I’m wrong, these s...

Peter Schiff Predicts Global Shift Away From Fiat, But Not Toward Crypto

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Long-time Bitcoin antagonist Peter Schiff recently stated his prediction of a global shift away from fiat, but not toward cryptocurrencies. Specifically, Schiff has once again affirmed that digital assets would not maintain their place in the current financial sector. Schiff spoke with Mike Adams in a recent interview in which he stated his belief that gold will find prominence once again. Moreover, stating his belief that fiat is certainly not the currency exchange for the future, but it also isn’t Bitcoin. Peter Schiff Talks Fiat Failure In a recent interview, Peter Schiff shared his prediction that there will be a global shift away from fiat, but not toward crypto. Conversely, the long-term gold bug has assured that Bitcoin, and digital assets of the like, will not be adopted on a global level. “Eventually, I think the world will move away from fiat currencies, and I think a lot of people will start transacting in gold again,” Schiff stated. Adding, “I know there...