Well-known economist and cryptocurrency skeptic Peter Schiff again criticized Bitcoin and said that the rate of the first cryptocurrency would fall to zero.
Note that over the past day, the rate of the first cryptocurrency fell by almost 3%. BTC is currently trading at $27,021.
Schiff regularly lashes out at bitcoin. In early March, amid the banking crisis in the US, he urged his followers to sell bitcoin and other coins, as the industry “waiting for more bankruptcies in the near future.”
Last December, Schiff said that the first cryptocurrency could fall to $ 5,000, and in September he said that bitcoin is like a ship that is wrecked.
It is noteworthy that the son of Peter Schiff, Spencer Schiff (Spencer Schiff), does not support his father. He believes that crypto and blockchain companies can indeed go bankrupt, but bitcoin will not go to the bottom, but rather become a lifeboat for the entire industry.
Source: Cryptocurrency
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