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Business & Economics

Gold Bug Peter Schiff Calls Bitcoin a ‘Total Scam’ Again

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Summary
Nutrition label

53% Informative

Peter Schiff has called Bitcoin a 'total scam' and indicated that a crash is imminent.

He also indicated that BTC will soon crash, while claiming that Bitcoin maximalists are set to lose huge sums.

Schiff's favorite asset, gold, is again eyeing a new all-time high ( ATH ) Schiff's comments relate to the plans to create a Strategic Bitcoin Reserve.

VR Score

28

Informative language

13

Neutral language

13

Article tone

formal

Language

English

Language complexity

39

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

detected

Time-value

short-lived

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