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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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....
A new SEC filing shows fresh risks in Michael Saylor’s $78 billion Bitcoin plan. Even with those risks, Saylor’s firm is seeing substantial gains from the Bitcoin it already holds. Michael Saylor shared the news on X, showing both the success and the danger behind his bold Bitcoin strategy. SEC Filing Reveals Key Risks Of […]
Michael Saylor’s $BTC ambitions continue accelerating. Now, he plans for his company – Strategy (formerly MicroStrategy) – to stack up $1T of the world’s largest crypto asset. Even as critics get louder about the company’s $BTC buying strategy, Saylor seems unfazed. And as more $BTC is scooped up, projects building on Bitcoin, such as Bitcoin […]