Schiff Critiques Bitcoin: Speculative, Anti-Gold
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•Peter Schiff says Bitcoin stands in contrast to gold, citing its speculative nature
58% Informative
Peter Schiff , a well-known financial commentator, has reiterated his critical stance on Bitcoin .
Schiff argues that, unlike gold, Bitcoin is speculative, with traders banking on Trump ’s policies rather than using it as a stable value asset.
Schiff warns that Trump 's tax cuts without spending cuts will push deficits past $1 trillion , escalating debt.
Trump proposed capital gains tax exemption on Bitcoin as BTC price hits an all-time high.
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