CZ, and Charles Hoskinson takedown Peter Schiff with brilliant responses!!!

[Juggy777]

These names don’t need any introduction but in case you don’t know who they’re then here’s a short intro for you’ll: 1) CZ is Binance CEO (Changpeng Zhao), 2) Charles Hoskinson is the co founder of Ethereum 3) and the last one is a arrogant fool who likes to bash bitcoins for his personal gains.

It’s pertinent to note that Schiff recently admitted that he keeps on making these statements to rile up crypto lovers, and this statement pissed off both CZ and Charles who decided to give him a piece of their mind, and in my personal opinion these are brilliant responses which should shut him for a while. Furthermore how long do you’ll think that he’ll keep quiet due to these responses, or he’ll continue bashing bitcoins like he usually does and ignore these responses?.

CZ response:

“He [Schiff] tweets more #bitcoin than gold. And his commenters/followers are all bitcoin people. He is the sheep in wolf's skin.”  

Charles response

“I've known him [Schiff] since 2007. Dr. Doom has the same old pattern. The sky is falling, the economy is doomed! Only gold can save us. Everything else is a scam. Bitcoin is bad because reasons xyz. Same pitch for a decade.”

Source:

https://cointelegraph.com/news/cz-and-charles-hoskinson-take-down-serial-bitcoin-naysayer-peter-schiff

[hatshepsut93]

Cointelegraf has nothing worthy to publish, so they make articles about twitter shitposts, what a joke. Maybe if those people wrote some good blog posts with research and facts that explore in-depth why Peter Schiff is wrong, then it would have been worthy of reporting, but right now it's literally just two one-liners.

Charles response

“I've known him [Schiff] since 2007. Dr. Doom has the same old pattern. The sky is falling, the economy is doomed! Only gold can save us. Everything else is a scam. Bitcoin is bad because reasons xyz. Same pitch for a decade.”

The same could be said about some bitcoiners who predict the collapse of global economy every day, and think that Bitcoin will make them rich when it will happen.

[Utoy101]

I must admit that these replies are brilliant and will definitely make him go numb for a while that's if it doesn't shut him from posting bad stuffs about bitcoin. The rate at which these big guys jump sheep from being an evangelist of one project or investment option to another still baffles and they always have gullible followers around to always buy their craps

[omone1]

I think I love the response of CZ more, ".....his followers are bitcoin holders, wolf in sheep clothe" I see Peter trying to mislead an army of glorious generation who still have a great opportunity to change the course of their financial destiny by embracing bitcoin but their suppose mentor is an hypocrite who criticizes bad governance in day time but collects contract from them at night.

[pooya87]

the funny thing is that there is very little difference between these 3 people you are quoting. none of them really understands Bitcoin protocol and its principles and all 3 insists of looking like experts who keep commenting on bitcoin.

here is who they really are:
CZ: is the same person who suggested we roll back bitcoin blocks and even contacted a lot of big mining pools begging them to 51% attack bitcoin because his shitty platform was hacked.
Hoskinson: is co-founder of the worst altcoin that has ever existed with its centralization and lack of immutability and lots and lots of bugs.
and of course Schiff is a gold nut who is scared that bitcoin is growing so much and so far while many people refer to it as an alternative to gold with terms such as "gold 2.0" or "digital gold".

and obviously they are all attention whores and just because some of them sometimes say things that are inline with what we believe doesn't change their nature.

[Darker45]

The end to this squabble is not in sight. Do you think this is the first time Peter Schiff got a brilliant reply? He has been like this since forever and will continue to be so regardless of the responses he will receive. So there will never be shutting up for this man. He's having so much fun attacking everything except gold. But what the man has been doing does not seem personal at all. Yes, he hates Bitcoin but he's not singling it out. As a matter of fact, he must be sharing some common grounds with a lot of Bitcoin supporters. No big deal!  

[davis196]

This is some pointless social media drama.I'm not a big fan of both Binance CEO and the Ethereum co-founder.
FUDsters like Peter Schiff should be ignored.Period.If we give them more attention that's like free advertising.We are only making people like Schiff more popular.It's clear that Peter Schiff desperately wants the gold prices to skyrocket,but this isn't happening and BTC outperforms gold.That's why he is pissed off and continues with his FUD and trolling.
By the way,I don't think that the responses of the Binance CEO and the Ethreum co-founder can be considered "brilliant".

[Kakmakr]

Furthermore how long do you’ll think that he’ll keep quiet due to these responses, or he’ll continue bashing bitcoins like he usually does and ignore these responses?.

I will focus on this question

A lot of people are making a lot of money by being a influencer of the markets. They use their followers to spread their agenda on Social media and the impact of that has a positive affect on their profits.

So, if you can scare investors in the commodity that you are invested in with FUD about the competition, then you will profit if they are too scared to invest in the competitive commodity.

It has been said that Bitcoin is the digital Gold and that makes Gold investors very worried, because if a lot of Goldbugs start shifting investments into Bitcoin, then the price of Gold will drop.

To answer your question... No he will never stop spreading fear and fud about Bitcoin.

[Anonylz]

I think the more they respond to his bullshit, the more he feels relevant and the need to keep shit posting, what is the best answer to a fool again!  Ha yes, it is called 'Silence' they should try it, am sure it will work like magic, you don't give people like this the opportunity to talk more,
If gold is saviour of humanity then let's see how it will happen although nothing has happen from years before.

[DoublerHunter]

^ It is like an advertisement where they are promoting themselves including Peter for they are trying to make as the talk of the town which I believe should not be. It is nonsense giving responses to whom we all know will never stop since he gets attention from it especially if now he can even get the attention of the CEO and a co-founder he will just feel special now more than ever. Nevertheless, the responses somehow for me are not too brilliant it is like an ordinary response from an ordinary subject it will just make them funny in the end.

[Haunebu]

I liked CZ's response the most since it makes complete sense. Some people forcefully bash BTC and other cryptocurrencies for their own hidden reasons(Dropping the price so that they can scoop them up etc).

Peter Schiff seems like one of those people clearly based on his incessant rants against BTC. He reminds me of McAfee and Wright who are way more notorious in this bashing aspect. Just a pack of idiots.

[Rengga Jati]

I immediately search on google about who exactly "Peter Schiff" and its relation to Bitcoin currently. And, this is one of the results, so wow:   

Well, if we find someone with that kind of belief, let it be. He will always say so, difficult to understand the other things clearly and wisely or change to accept the others. Peter Schiff is an economist, author, and also financial broker/dealer, so, will he think differently when the price or value of Bitcoin is rising up again after halving? For, he said:

“Bitcoin is still in a bear market. It's still down 35% from its 2020 high, and 3% YTD. In contrast, gold is in a bull market. It's only 2% below its 2020 high, and up 7% YTD.”

I wonder that he probably change his mind after realizing the market is bullish again, who knows?

[BrewMaster]

Furthermore how long do you’ll think that he’ll keep quiet due to these responses, or he’ll continue bashing bitcoins like he usually does and ignore these responses?.

I will focus on this question

A lot of people are making a lot of money by being a influencer of the markets. They use their followers to spread their agenda on Social media and the impact of that has a positive affect on their profits.

So, if you can scare investors in the commodity that you are invested in with FUD about the competition, then you will profit if they are too scared to invest in the competitive commodity.

It has been said that Bitcoin is the digital Gold and that makes Gold investors very worried, because if a lot of Goldbugs start shifting investments into Bitcoin, then the price of Gold will drop.

To answer your question... No he will never stop spreading fear and fud about Bitcoin.

there is a fundamental problem with this strategy that we have seen many times. it creates a jump in demand in near future. the reason is simple when the FUDsters are scaring a large number of investors for a very long time then the very same investor see that the exact opposite of what they have been hearing happens they try to jump on board.
every 2 or 3 years we see this on a very large scale which contributes a lot to the bitcoin bubbles.

[ChiBitCTy]

I've seen Peter Schiff debate bitcoin several times at this point.  Here's the thing, just because you're a famous investor, even a famous and extremely good investor, it doesn't mean you're any good at knowing how cryptocurrency works.  One prime example of this is Warren Buffett. The man is an investing legend.  Maybe the greatest we've yet to have seen.  He hates bitcoin however, and is always stating "it has no value".  He's also stated "I don't understand it and don't want to".  That's pathetic.  That's an old man who's a dinosaur and refused to learn about it.  Warren has also stated countless times he doesn't understand tech, so he doesn't invest in it.  So moral of the story, great investor does not mean great cryptocurrency expert.

[kryptqnick]

CZ: is the same person who suggested we roll back bitcoin blocks and even contacted a lot of big mining pools begging them to 51% attack bitcoin because his shitty platform was hacked.
Hoskinson: is co-founder of the worst altcoin that has ever existed with its centralization and lack of immutability and lots and lots of bugs.

That's harsh. Binance doesn't seem like a bad crypto exchange to me. It lost 40 million dollars a year ago but promised (and, I guess, kept the promise) to give 100% compensation of the losses. I know keeping money on an exchange is a bad choice, but at least on this exchange you have good chances of getting the money back if a hack occurs. As for Ethereum, it's clearly not worse than tons of shitty tokens that were created over the years. Actually, I think it might be the only altcoin that turned out quite successful and offered things Bitcoin couldn't do (like smart contracts).

[pooya87]

CZ: is the same person who suggested we roll back bitcoin blocks and even contacted a lot of big mining pools begging them to 51% attack bitcoin because his shitty platform was hacked.
Hoskinson: is co-founder of the worst altcoin that has ever existed with its centralization and lack of immutability and lots and lots of bugs.

That's harsh. Binance doesn't seem like a bad crypto exchange to me. It lost 40 million dollars a year ago but promised (and, I guess, kept the promise) to give 100% compensation of the losses. I know keeping money on an exchange is a bad choice, but at least on this exchange you have good chances of getting the money back if a hack occurs. As for Ethereum, it's clearly not worse than tons of shitty tokens that were created over the years. Actually, I think it might be the only altcoin that turned out quite successful and offered things Bitcoin couldn't do (like smart contracts).

it was harsh when that idiot started advertising that we must remove one of the main principles of bitcoin called "immutability" just because his business was hacked. and he said it in a way as if it were to happen right away just because he asked for it and contacted miners!!! i also don't see any difference between Binance and dozens of other exchanges that came before it. Mt Gox, Cryptsy, Bittrex, ... and dozens of others were also secure at the time and people were assured of it, then some day they scammed their users.

as for Ethereum, it is the worst because it lied about a lot of things and delivered the exact opposite. those tokens you mention are obvious garbage and nobody has any delusions about them. being decentralized, cheap, fast, immutable, bitcoin 2.0, flippening, .... were all lies to get it pumped more and make profit from the 72 million premine.
for example every time someone who runs an ethereum client is told they are running a "full node" they are being lied to, a full node takes up nearly 3 TB of space. everyone is running SPV clients except a handful of block explorers, the foundation and maybe a mining pool.

[Wexnident]

The guy is basically saying empty nonsense on and on for about ermm let's see, FOREVER. Even CZ and Hoskinson doesn't have that much reputation to back them though they do support cryptocurrency, at least in what we see that is anw. Though their contribution and support didn't necessarily give the crypto community the reputation just like what BTC did. Sides, you can actually see this as the more news they make of themselves, the more their comments are seen by the world. Sadly enough, being investors and cryptocurrency-related stuff developers doesn't really give them the reputation of actually being a god in the crypto scene, which they act like they are. Most of the time.

[Mulann2]

Crypto is full of criticism, irrelevant ones for that matter, now the response of cz and Hoskinson are seen as self advertisement, I don't think this guys really need to tweet to be known anymore, back in 2013/14, this would have been the case, but now they are big players, they saw an inappropriate post about btc, they respond as crypto pioneers, I don't get why some people have problem with that, everyone is entitled to their opinion and the way they run their business, who don't like it can always look elsewhere for a better alternative.

[slaman29]

I don't think Peter Schiff really cares what we all say. I'm pretty sure on his side of the table, there are hundreds of normie investors who also have a thread like this posting Schiff's brilliant takedown of CZ and Charles and all them.

At least Schiff gives us entertainment, I'm not a big fan of CZ anyway. Why be riled up when it's obvious Schiff is just a troll?

[DeathAngel]

Schiff is becoming a parody of himself for a long time, he’s been proven wrong about bitcoin over & over again. He should shut up because he’s just making himself look like an idiot & his reputation will be even worse in the next year or two as bitcoin becomes worth even more. Sometimes people need to know when to say nothing.