Famous Economist Explains Why He Doesn’t Support Bitcoin: Here’s Why!

Famous economist Peter Schiff, nicknamed the “Golden Bug”, claimed that he understood the technology of Bitcoin (BTC) better than anyone, and explained that this is the main reason for his opposition to Bitcoin.

Peter Schiff December 22 on his official social media account. in sharingresponded to Bitcoin advocates who accused him of not understanding what Bitcoin is. The economist says Bitcoin’s underlying technology is one of those who defend it. you understand better claiming Bitcoin don’t be against of the reason This is expressed.

Bitcoin advocates accuse me of not understanding Bitcoin. They think I will support Bitcoin if I take the time to learn about the underlying technology. The truth is I understand Bitcoin much better than those who own it. That’s why I don’t support it.

On social media, users are under Schiff’s post. in two divided. Some users of Bitcoin libertarian and equal an economy representation and incentive argued that he did. Among Schiff’s opponents gold advocate aspect interest conflict because of Bitcoin by disparaging accusers were also found.

On the other hand, with the economist similar to thoughts users also expressed their thoughts under the post. Schiff’s supporters believed that a liberal, libertarian, or equal economy ideology and even as it is, with Bitcoin organic a tie not argued.

Commenting on many of Schiff’s posts Dan Held the economist’s Bitcoin from $10 since trading repeating the same things and only “old, grumpy” He claimed it was a man. Also Held, on your share “Old Man Shouts About Bitcoin” added an image.


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