Hardcore bitcoin critic and gold bug Peter Schiff posted on his x account a sign at the airport of where he was vacationing with the caption:
"I'm in Istanbul and look what I came across. There are some things you just can't escape from."
Perhaps now he is gradually beginning to realize the inevitability of bitcoin as a mass phenomenon.
So my question is, is Schiff slowly accepting bitcoin as something to hold on to alongside gold or still completely bearish on it's existence?
I think it’s better to ask him this question himself, because everything else will turn out to be just speculation.
For me, his statement in bitcoin looks like mild trolling and doesn't reflect loyalty to it.
I heard a few months ago his own son is holding some bitcoin which I found hilarious.
And so it may be. The opinion of father and son regarding bitcoin doesn't necessarily have to be the same. Young people are more friendly towards bitcoin due to their flexibility of thinking (they are less conservative). It seems funny to me that his son’s money is probably his father’s money, and indirectly it turns out that bitcoin was bought with Schiff’s money. Thus, even being a critic of bitcoin, Schiff turned out to be the owner of this.