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Bitcoin critic Peter Schiff suggests Social Security Trust sell $2.7T in Treasuries to buy Bitcoin

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Summary
Nutrition label

61% Informative

Peter Schiff suggests Social Security Trust sell $ 2.7 T in Treasuries to buy Bitcoin , potentially stabilizing Social Security funds.

Schiff estimates a Bitcoin investment could increase Social Security's assets to over $ 100 T, addressing a $ 23 T funding gap.

To avoid market impact, Schiff proposes using Bitcoin as collateral at the Fed to secure cash for Social Security benefits.

VR Score

50

Informative language

44

Neutral language

78

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links