Bitcoin skeptic and gold advocate Peter Schiff revealed that his son Spencer transferred 100% of his investment portfolio to the first cryptocurrency.
My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He sold the last of his #silver stocks to raise the cash. If my own son is this brainwashed imagine how vulnerable most kids are. He’s HODLing to infinity or bust.
– Peter Schiff (@PeterSchiff) March 10, 2021
“If my son was so brainwashed, imagine how vulnerable most children are. He will keep [биткоин] ad infinitum or go broke, “wrote Schiff.
According to a bitcoin skeptic, his son acquired digital gold during the recent price drop below $ 50,000. For this, Spencer Schiff sold the remaining silver, his father said.
In March 2020, a proponent of gold spoke unflatteringly about the brains of cryptocurrency investors.
In October, Schiff called Bitcoin the largest bubble in history. According to him, asset holders are more confident in their righteousness than investors during the dot-com and mortgage crisis.
In December, an implacable bitcoin skeptic criticized the head of MicroStrategy Michael Saylor for publicly announcing plans to buy the first cryptocurrency with $ 650 million raised by the company.
In January 2021, cryptocurrency enthusiasts told Schiff about the true purpose of gold. Later, Tesla and SpaceX founder Elon Musk explained to the precious metal supporter what real money is.
In March, Schiff stated that investors were stupid enough to buy Bitcoin. He also congratulated those who managed to acquire the first cryptocurrency before take off and made Wall Street succumb to “this mania.”
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