Jinse Finance reported that economist and Crypto Assets critic Peter Schiff stated on social media that gold is the biggest threat to Bitcoin. This is why the entire Crypto Assets industry is now attacking it. While gold took over a decade to consolidate its previous rise, the hype around Bitcoin had its effect. But now that gold prices are soaring, people have no reason to buy Bitcoin.
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Economist Peter Schiff: Gold is the biggest threat to Bitcoin.
Jinse Finance reported that economist and Crypto Assets critic Peter Schiff stated on social media that gold is the biggest threat to Bitcoin. This is why the entire Crypto Assets industry is now attacking it. While gold took over a decade to consolidate its previous rise, the hype around Bitcoin had its effect. But now that gold prices are soaring, people have no reason to buy Bitcoin.