{"id":389485,"date":"2019-07-10T21:00:15","date_gmt":"2019-07-10T21:00:15","guid":{"rendered":"https:\/\/wncen.com\/?p=389485"},"modified":"2024-06-11T13:24:50","modified_gmt":"2024-06-11T13:24:50","slug":"crypto-pundit-and-goldbug-peter-schiff-begins-to-warm-up-to-bitcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-pundit-and-goldbug-peter-schiff-begins-to-warm-up-to-bitcoin\/","title":{"rendered":"Crypto Pundit and Goldbug Peter Schiff Begins to Warm Up to Bitcoin"},"content":{"rendered":"

In recent weeks, both Bitcoin and gold have started to show signs of the early stages of a bull run<\/a> is beginning. However, goldbug Peter Schiff, founder of SchiffGold, says that while gold is indeed laying the foundation of the next bull run, Bitcoin is actually in a \u201csucker\u2019s rally<\/a>,\u201d and has even compared buying Bitcoin to throwing money into the garbage.<\/p>\n

The comments have made Schiff a target in the crypto community, and has received a barrage of comments pushing the investor to pay more attention to the digital version of his beloved precious metal, which shares so many of the same qualities that make it unique. But the Bitcoin basher may finally be coming around, and is welcoming a conversation on Bon the first every crypto asset and is hoping that he may be convinced of its value.<\/p>\n

Peter Schiff Now Owns Bitcoin: Is the Goldbug Turning Crypto Bull?<\/h2>\n

The outspoken founder of precious metals investment firm SchiffGold, Peter Schiff, has been on a Bitcoin bashing rampage in recent weeks<\/a>. In his defense, his entire business and belief system is at risk of being unseated by something he thinks is trash, and is reacting accordingly to protect his investment.<\/p>\n

Related Reading | Crypto Pundit Peter Schiff Says Gold Is In Early Bull Market, But Bitcoin Is a Sucker\u2019s Rally<\/a><\/strong><\/em><\/p>\n

But he might just be finally coming around, now that he actually owns some Bitcoin.<\/p>\n

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I have been gifted $2,800 worth of Bitcoin. Thanks to all for your generosity. What should I do with my stash? 1. Use it now to buy 24 Karat gold jewelry at https:\/\/t.co\/At4icF7p0A<\/a> for my wife. 2. Ignore the FUD and HODL until Bitcoin moons and buy a Lambo for myself.<\/p>\n

— Peter Schiff (@PeterSchiff) July 10, 2019<\/a><\/p><\/blockquote>\n