Schiff bombards Saylor: 8% zero-risk permanent return? This idea is crazy

Question

The cryptocurrency circle is torn apart again. Economist Peter Schiff has recently set his sights on Michael Saylor again, this time with a stronger smell of gunpowder.

Schiff fired directly: Saylor’s gameplay is outrageous - what can get digital capital, then issue digital credit, and finally turn it into a digital currency that can be put into a bank account. What’s even more exaggerated is that Saylor claims that this can create a risk-free, 8% return, tax-deferred and zero volatility perpetual return.

Schiff’s comment is straightforward: the idea is crazy.

These two people’s positions have always been opposite. One is a die-hard fan of Bitcoin, and the other is a gold veteran. This time it’s the old script again: Saylor draws cakes, Schiff pours cold water. But to be honest, zero risk + 8% return + zero volatility, this combination does sound a bit mysterious. Do you think Saylor’s logic is tenable?

BackrowObserver · Accepted Answer

Zero risk 8%? Wake up, there is no free lunch in the world

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Who is Saylor fooling with this set, it sounds outrageous

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It's these two people tearing each other apart again, I'm really tired of it

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Permanent zero volatility return? Ha, I believe you ghost

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Gold antiques vs. Bitcoin upstarts, classic opposition

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8% risk-free, I went straight to the position, and I had to buy it if I borrowed money

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Schiff was right this time, Saylor was indeed drawing a pie

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One blows gold and the other blows Bitcoin, don't believe it

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So the question is where does this money come from? No one can tell

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No matter how nice it sounds, it can't change it, this is a financial fantasy

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I just want to ask who can really achieve zero risk 8%, and I will smash the pot and sell iron

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I'm playing with words, and I really dare to use the word risk-free

MevShadowranger · Answer

Zero risk 8%? Heh, who still believes in this set these days

Saylor's wave is a bit outrageous, and Schiff is right this time

What are you thinking, there is no free lunch in the world

It's another currency circle marketing show, and the routine is old

This combination of data is nonsense at first glance, how can it be stable profit with zero fluctuations

SelfSovereignSteve · Answer

Zero risk 8% permanent gain? Please, this is not a financial product, this is a pyramid scheme, okay?

BlockBargainHunter · Answer

This combination sounds outrageous, zero risk 8% return? It's a dream, haha

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I can't believe Saylor's statement, I feel like I'm whitewashing my own project

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Here you go again? Zero fluctuations in permanent returns, who are you deceiving?

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The golden old cannon is not wrong this time, it is indeed mysterious

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I just want to ask if anyone really earns this 8%

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There is no free lunch in the world, and Schiff is right this time

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Saylor bragged every day, it's time to wake up

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Risk-free permanent gains? Stop, I don't believe it

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These two people are good at tearing, but Saylor's set really can't stand

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Zero volatility? Uh, there is no such thing in reality