Binance CEO Calls Out Peter Schiff For Mocking Bitcoin Investors
Coin Edition
Published Mar 24, 2023 10:48
Updated Mar 24, 2023 11:16
Binance CEO Calls Out Peter Schiff For Mocking Bitcoin Investors
Coin Edition -
- Peter Schiff criticizes Bitcoin buyers and Binance CEO Zhao calls out his lack of introspection.
- Schiff believes Bitcoin buyers may be wrong about their investment, but right about Fed and inflation concerns.
- Schiff’s son predicts that Schiff senior will own a significant amount of Bitcoin in the next decade, despite Schiff senior being a crypto critic.
Economist and SchiffGold founder Peter Schiff mocked Bitcoin buyers in his recent tweet. However, Binance CEO Changpeng Zhao called him out in response claiming that Schiff lacks “introspection.”
Meanwhile, on the financial expert’s 60th birthday, the prominent critic of cryptocurrencies received a rebuke by his son, Spencer Schiff, as Schiff junior congratulated him. Despite his father’s negative stance on cryptocurrencies, Spencer Schiff, who is known to be pro-crypto, predicted that his father would possess a significant amount of Bitcoin in the next decade.
Although Peter Schiff remains skeptical about the future of Bitcoin, he has not completely ruled out the possibility of owning it. He believes that by the time he turns 70, Bitcoin may have collapsed, allowing him to sell one ounce of silver to purchase thousands of BTC, but he notes that it would be “just for kicks.” As of now, one troy ounce of silver is equal to 0.00082 BTC.
The post Binance CEO Calls Out Peter Schiff For Mocking Bitcoin Investors appeared first on Coin Edition.
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