Category: Peter Schiff

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Peter Schiff: China’s Gold-Backed Crypto Would Be Bearish for Bitcoin

In his latest tarnishing of Bitcoin, the gold bug likened it to fiat currency by again suggesting it had nothing backing its value. China launching a digital counterpart of the yuan backed by gold puts Bitcoin (BTC) at a disadvantage, veteran gold bug Peter Schiff claims. In a tweet on Nov. 2, Schiff, notorious for…
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Peter Schiff Blames ‘Whales’ After Bitcoin Gains 30% Against Gold

HODLer of a bygone era, Peter Schiff has argued that retail investors are getting squeezed by whales’ tactics on the cryptocurrency markets. HODLer of a bygone era, Peter Schiff has argued that retail investors are getting squeezed by whales’ tactics on the cryptocurrency markets. In a tweet posted on Oct. 29, Schiff — a diehard…
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