Is Saylor’s Bitcoin Strategy A ‘Fraud’? Schiff Wants A Live Debate To Prove It
Peter Schiff, a long-time gold investor and vocal critic of Bitcoin, on Sunday called Strategy Inc.’s Bitcoin-only approach “a fraud” and publicly challenged Michael Saylor to a live debate at Binance Blockchain Week in Dubai this December. Related Reading: Crypto Over Dollars: Belarus Makes Mining A National Priority Schiff said the firm’s recent profits are […]
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It has been a tough week for the alpha dog of crypto and analysts aren’t so sure when the beating will stop. Related Reading: Is Saylor’s Bitcoin Strategy A ‘Fraud’? Schiff Wants A Live Debate To Prove It Bitcoin hovered a little over $90,000 on Wednesday while Ethereum traded around $3,041, showing sharp moves after […]
Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash. Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated […]
Peter Schiff scores a victory over Anthony Scaramucci, and Bitcoin, by convincing more than half the viewers of a live debate that gold is the superior asset. The debate in question was hosted by Intelligence Squared and featured a near one-hour-long discussion on whether Bitcoin or gold makes for the better store of value. The […]
Michael Saylor’s Strategy (formerly MicroStrategy) is now one step closer to adding another $42B worth of Bitcoin ($BTC) to its balance sheet by 2027. Yesterday, Strategy announced a $2B private offering of 0% convertible senior notes, due 2030. Buyers will then be able to convert these notes into cash or MSTR stock. Most importantly, all […]
During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic properties while Bitcoin is just a “giant pump and dump. ” Gold proponent and crypto skeptic Peter Schiff has been crowned the winner of a debate on whether gold is a superior store of value to Bitcoin.Schiff was facing off against Skybridge founder and former politician Anthony Scaramucci in a debate hosted by Intelligence Squared on Aug 25. Before the gold vs Bitcoin debate began, a poll scored 38% of the online audience in favor of the precious....