Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this behavior indicates an impending collapse. Schiff also slammed Senator Cynthia Lummis’ bill proposing a U.S. bitcoin reserve, […]Featured, Bitcoin, collapse, Crash, Cryptocurrency, cynthia lummis, Decentralization, etfs, Federal Reserve, inflation, Liquidations, Peer-to-peer, Peter Schiff, Pyramid, ReserveRead More
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