- Peter Schiff said his son borrowed money against his advice to buy more BTC.
- Michael Saylor replied to Peter Schiff’s tweet
CEO and chief global strategist of Euro Pacific Capital Inc., Peter Schiff, said his son borrowed money against his advice to buy more BTC. He is an American business commentator—also a radio personality, and a stockbroker.
Peter Schiff, a long-term Bitcoin antagonist, took to his Twitter account today and said,
Against my advice, my 18-year old son SpencerKSchiff borrowed money to buy more Bitcoin. He is now 113% long. He likely can’t even qualify for a credit card, but he can borrow money at 8% to buy Bitcoin. I’m sure this is typical among HODLers. The next crash will be brutal!
As usual, the crypto community reacted to Peter Schiff’s tweet. Furthermore, one of the replies that caught his attention was from none other than M...
This article was first published on coinquora.com