- Bitcoin proves it is not a safe haven asset.
- BTC lives and dies because of Elon Musk’s tweets.
- Bitcoin is the white whale, and Michael Saylor is Captain Ahab.
CEO and chief global strategist of Euro Pacific Capital Inc., Peter Schiff, recorded a Podcast about the crypto crash. He is also an American business commentator, and radio personality, and stockbroker.
As BTC temporarily plunged to around $30K lately, Peter Schiff, a long-term Bitcoin antagonist, recorded a Podcast about the crypto market. He said that the crypto crash pushed him to record this Podcast.
Peter Schiff said,
“Today should finally settle the debate. Bitcoin is not a safe-haven, inflation hedge or store of value asset similar to gold. It’s a highly speculative digital token that trades with other high-risk assets. That’s why it’s tan...This article was first published on coinquora.com