Peter Schiff: Bitcoin collapses to the ground, and Tuzemun is waiting for gold

Gold will significantly increase in price, while Bitcoin will “fall to the ground”, the financial expert and an irreconcilable critic of the first cryptocurrency Peter Schiff is convinced.

Over The Past Several Years Bitcoin Hodlers PoKed Fun At Gold Investors BecAuse #Bitcoin Gained So Much More than #gold. Over the Next Several Years Those Roles Will Reverse, But Not BecAuse Gold Rates More than Bitcoin, But BecAuse Gold Moons as Bitcoin Craeshes to Earth.

– Peter Schiff (@peterschiff) April 11, 2020

According to him, the owners of bitcoins for several years laughed at gold holders due to its low profitability compared to cryptocurrency. However, he considers shiff, soon Bitcoin will significantly surpass gold.

He also noted that he is often accused of misunderstanding of cryptocurrency technology, but Shiff himself is sure that the owners of digital assets “understand little in money and their history”.

Trying to Explain the Concept of Money to a #Bitcoin Hodler Is Like Youd AGainst AGainSt A Wall. Thus ABOUT TO LEARN A VERY Expensive Lesson in Economics and Gain AW appreciation for the AGE OLD SAYING “EASY COME, EASY GO.””

– Peter Schiff (@peterschiff) April 13, 2020

Previously, https://gagarin.news/events/world-blockchain-summit-dubai/ Schiff called the fools of investors who preferred to invest in bitcoin, and not in gold.

Nevertheless, last year he admitted that he blames himself for not buying a cryptocurrency for $ 10.

Prior to this, the co -founder of Morgan Creek Digital Anthony Popliano gave Shift a certain number of bitcoins so that the critic was better to get acquainted with the cryptocurrency. However, after Schiff announced the loss of access to his Blockchain wallet. Subsequently, it became known that he mixed up a PIN code with a password, and he had no copy of the SEED-fraza.

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