Legendary trader Peter Brandt challenges Peter Schiff's assertion that 'Bitcoin is dead,' fueling debate over future of the cryptocurrency
Legendary trader Peter Brandt challenges Peter Schiff's assertion that 'Bitcoin is dead,' fueling debate over future of the cryptocurrency, which pushed it over $67,000 per BTC by the end of the week, has sparked new discussions among financial experts. This is the first significant weekly increase since early March, following a period of decline after an all-time high of $74,000 per BTC was hit.
Why don't you give me the benefit of the doubt and just assume I'm being honest about my view on Bitcoin? If you are betting on Bitcoin you are betting on an imaginary horse. A lot of people will lose a bunch of money betting on Bitcoin. I am just warning them of the high risk.In response, Schiff said that his views on cryptocurrency are sincere. He warned of the high risks associated with investing in Bitcoin, calling it a speculative asset with no intrinsic value.
Which side will win in the long run? Will Bitcoin prove its skeptics wrong, or will traditional assets like silver offer more reliable returns? Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Solana Meme Coin Penguiana Hits Softcap As The Presale Raises Over 1500 SOL, Set To Release P2E Game Demo Next Month
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