First Bitcoin (BTC) including to cryptocurrencies opposed by Peter Schiff, Terra’s (LUNA) UST He talked about buying Bitcoin to support him.
Gold advocate Schiff, who shared on his Twitter account, said that UST is not with Bitcoin. gold He said it should be supported.
He said that the currencies of the countries should be supported by gold. Peter Schiff, He reminded that the US dollar was once backed by gold.
for UST Bitcoin Stating that using it as a support is not in the gold standard, the famous gold advocate used the following statements in his post:
“Bitcoin backing of UST is not on the gold standard. Backing one cryptocurrency with another is worse than backing the euro with dollars. Copying a crypto-gold standard is easy. Return to UST with gold!”
CZ’s Reply to Peter Schiff’s Post!
Below Bitcoin hater Peter Schiff’s post that UST should be backed with gold instead of Bitcoin CZ, CEO of Binance also answered.
CZ stated to Peter Schiff’s post that Bitcoin’s inventor may be Sataoshi Nakamoto. “It could be Peter Satoshi because he does a good job pretending not to understand Bitcoin.” said.
Peter may be Satoshi, because he does a good job pretending not to understand #bitcoins. (Apr 1)
— CZ 🔶 Binance (@cz_binance) April 1, 2022