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Peter Schiff Names Real Reason Behind Bitcoin Drop

u.today
 2021-12-04

Cover picture for the articleThe famous Bitcoin and crypto critic, Peter Schiff, provided his Twitter subscribers with a potential reason behind one of the largest corrections on the cryptocurrency market this year. According to Schiff, Bitcoin's correction was tied directly to the Fed's action toward risk assets like cryptocurrencies and some stocks. Previously,...

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Comments / 10

Jack Keifer
12-05

The easiest way to control inflation is to quit vilifying oil and gas companies and bring the price of energy back down. Every time the price of fuel goes up everything else does.

Reply(1)
4
Robert Avila
12-05

This is a modern take on Ponzi. Artificial Scarcity of a virual commodity of emotion driven value that exists on creation and collapse.

Reply(2)
3

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