to Bitcoin (BTC) known for his hostility and negative remarks gold advocate Peter Schiff still did not rest.
Peter Schiff, who did not drop Bitcoin from his tongue, this time too bitcoin bull Michael Saylor and company MicroStrategy targeted.
Explaining the real reason behind Saylor and his company MicroStrategy’s buying Bitcoin on Twitter, Schiff said that Saylor’s BTC He argued that he had prevented MicroStartegy from going bankrupt by taking
Your main goal in Saylor’s Bitcoin investment BTC and cryptocurrency Stating that he wanted to get the support of his investors, Schiff claimed that Saylor saved his company from bankruptcy in this way:
“I heard that Michael Saylor saved the company from liquidation for adding Bitcoin to MicroStrategy’s balance sheet.
If all MSTR has is a leveraged speculative position in Bitcoin, it is doing nothing for it.”
For the first time I heard @saylor admit that adding #Bitcoin to the @MicroStrategy balance sheet was basically a Hail Mary to avoid liquidating the company. If the only thing $MSTR has going for it is a leveraged speculative position in Bitcoin, than it has nothing going for it.
— Peter Schiff (@PeterSchiff) December 20, 2022
Peter Schiff’s MicroStrategy and bitcoin A Twitter user who disagreed with the claim said that for any company with an inflated balance sheet at current rates, buying something scarce and desirable is a logical move.
User “Bitcoin is the scarcest and most desirable asset the world has ever seen.” said.
refusing to answer this BTC if his enemy is Schiff “Bitcoin is not very scary and in no way desirable. If you want to lose your money, there are many ways to do it. You don’t need to buy bitcoins.” said.
#Bitcoin is hardly scare and in no way desirable. If you want to lose your money there are plenty of ways to do it. You don’t need to buy Bitcoin.
— Peter Schiff (@PeterSchiff) December 20, 2022
Bitcoin discussion started by Peter Schiff Dan Held, Kraken’s director of Growth Marketing also participated.
Dan Held comparing gold and bitcoin “Gold is very frightening and by no means desirable. If you want to lose your money, there are many ways to do it. You don’t need to buy gold” said.
“[Gold] is hardly scare and in no way desirable. If you want to lose your money there are plenty of ways to do it. You don’t need to buy [Gold]”
— Dan Held (@danheld) December 20, 2022
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