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Tesla Stock Is Up 5X Since Elon Musk Said It Was ‘Too High’ – He Just Noted Same For Bitcoin, Will History Repeat Itself?

Elon Musk has stood up for cryptocurrencies once again. The billionaire businessman who is very vocal about his views on tech, finance, and everything in between did not hesitate to defend cryptocurrencies when gold proponent Peter Schiff tagged Bitcoin and Fiat as “bullsh*t” assets, referencing a previous tweet Musk made about Bitcoin. Schiff proceeded to […] дальше »

2021-2-22 16:39


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Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla’s BTC Acquisition

After previously claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff is reacting angrily to reports that Tesla has acquired the cryptocurrency. In a series of tweets on February 8, Schiff now claims that Musk has no interest in bitcoin’s store of value credentials but is only interested […] дальше »

2021-2-10 18:05


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A Supply of 2.1 Quadrillion Satoshis Disqualifies Bitcoin as a Scarce Resource- Says Peter Schiff

Bitcoin is not as scarce as commonly perceived, according to Bitcoin Critic and gold Investor Peter Schiff. Bitcoin has a maximum cap of 21 million, but each bitcoin can be subdivided into a further 100 million smaller units named satoshis in reference to the pseudonym of Bitcoin’s anonymous founder. “The idea that Bitcoin is scarce […] дальше »

2021-1-25 18:59


NY Times Bestselling Author: Bitcoin S2F Is Flawed, Not Mathematically Sound

Bitcoin is trading at new record highs, and the naysayers are out in droves. Skeptics range from Nouriel Roubini to Peter Schiff, and many more. And while this next challenger of the cryptocurrency’s long term value says he is “not a Bitcoin hater” like the others, he has taken the time to go over Plan B’s stock-to-flow (S2FX) model with a fine-tooth comb, and claims that the most important valuation model going is “flawed,” “faulty,” […] дальше »

2020-12-16 18:30