Peter Schiff son buys more bitcoin against his advise

[Shasha80]

Of course the poll results that Peter Schiff made on tweeter embarrassed him, not expecting many people to prefer investing
in Bitcoin compared to traditional investments. It must be admitted that successful old people like Peter Schiff will find it
difficult to accept Bitcoin, this also happens with Warren Buffet, until now Warren Buffet has also not been able to accept Bitcoin.

[Golftech]

Haha lol, the kid's smarter than the proffessional

care to explain what do you mean here?and yeah i believe you are still a kid because you cannot even spell "Professional" correctly lol.


If i where Peter?sure i will salute and support my sun for this action because even if we are having different opinion yet both of us wanted to profit.

[gamer4156]

Here are two things at once but being organized. Although the company is benefiting many but I think some people are in trouble. Yes, it is true that some of our privacy is being compromised to help them commit crimes. Even then, I would like to thank the law enforcement agencies. But it is better if one of the most modern ways can be found so that our privacy is not compromised. Hopefully this will happen very soon.

[leea-1334]

I wonder if Peter is feeling embarass to himself knowing that many will favor to bitcoin than his words and comparisons.

He's definitely so embarrassed due to the gigantic amounts of exposure he, his son, and his businesses gained by him trashing on bitcoin on the daily. Weird how a lot of people still haven't realized that they're being played like a damn fiddle.

Of course he is not,,, why would he put something like that up on Twitter if he were? He knows Twitter is Bitcoin majority,,, and he already embarassed himself by losing the pin to his Bitcoin wallet so we know he loves the attention. People are being played and they just keep getting played.

[HardFacts]

Haha lol, the kid's smarter than the proffessional

Teenagers always think they know everything, and are smarter than their parents... 

The only " LOL " is that people here are to brainwashed to see this for what it is, a simple matter of a teen rebelling   

[philipma1957]

Haha lol, the kid's smarter than the proffessional

Teenagers always think they know everything, and are smarter than their parents... 

The only " LOL " is that people here are to brainwashed to see this for what it is, a simple matter of a teen rebelling   

I just read the whole thread 🧵 all the time thinking exactly that!

[mindrust]

Peter Schiff is waiting for his "I told you so you stupid fuck." moment so badly.

And guess what... he might actually have it while more than $14b worth of tethers are around and ticking.

I am with the professional on this one. Sorry kid.

[Debonaire217]

Teenagers always think they know everything, and are smarter than their parents... 

Not really, teenagers are also showing respect, it is just that, they are born in this era of new technology that their parent's couldn't really digest or understand. I am not generalizing all but most of the time, teenagers are correct because they are in their age.

The only " LOL " is that people here are to brainwashed to see this for what it is, a simple matter of a teen rebelling   

Even I, if I am in his shoes will do the same thing. Sadly, I don't have a parent like him 

[philipma1957]

Peter Schiff is waiting for his "I told you so you stupid fuck." moment so badly.

And guess what... he might actually have it while more than $14b worth of tethers are around and ticking.

I am with the professional on this one. Sorry kid.

easy for you to root for btc to tank.

how many coins did you dump at a nice low price?

to all mindrust sold his stash and then watched coins soar.



I am merely repeating the info I read so if I am wrong please correct.

[mindrust]

Peter Schiff is waiting for his "I told you so you stupid fuck." moment so badly.

And guess what... he might actually have it while more than $14b worth of tethers are around and ticking.

I am with the professional on this one. Sorry kid.

easy for you to root for btc to tank.

how many coins did you dump at a nice low price?

to all mindrust sold his stash and then watched coins soar.



I am merely repeating the info I read so if I am wrong please correct.

I sold the bottom and I have no intentions of buying back till the tether scam disappears. (even after that It won't be easy to regain my trust) In March, I thought that was the moment btc was going to "0" this time and I panic sold.

Right after I sold my coins tether doubled its market cap. Tripled it since the January/2020. ($14.3b now)

There is a chance for btc to shoot over $100k however, it will happen just before the tether collapses. I don't believe it would be a natural growth. Then it would go to $1k. (if we are lucky) Back to the point when the tether madness started.

I do hold a few $k worth of btc and other shitcoins and waiting for that moment. (Either one is fine. $1k or $100k.) It is all play money now. I don't have anything from my own pocket in this anymore.

This is a ticking bomb and some people will become super duper rich while some others will lose every penny they got. I was that close to become one of those all-in btc greedy dudes, my spider senses didn't let me.

[DooMAD]

I don't give much credence to the result of the poll itself, purely because Peter Schiff has been such an outspoken detractor towards Bitcoin.  It wouldn't surprise me at all if Bitcoin supporters were just voting against him out of spite, heh.  Take everything on twitter with a pinch of salt. 

The more interesting story is the difference of opinion between generations.

[Mpamaegbu]

Hilariously decisive, I must say. I like the twist and how the older Schiff took the whole thing on social media based on the poll result. Peter took a whopping on that from the lad's decision. Bitcoin is bae to the youth. On a serious note, it's very glaring that this phenomenal called Bitcoin (and by extension, cryptocurrency) is a tech for the younger generation. We should just let the old folks stay with their fiat, instead of relying on them for mass acceptance and adoption.

[pixie85]

Although people were probably trolling Peter and purposely voting against him, there can be a lot of such "kids" ready to buy Bitcoin out there.

This is something we underestimate but each year new young people grow up and get their first full time jobs. Their idea of saving is different from what their parents and grandparents had in mind. These young guys can be what Bitcoin needs to go to the next ATH.

[iRaMMuS34]

Aside from it being hilarious it shows how fcked up Schiff is even as a family member. Is there really a need to do this all publically?

[Mahanton]

I don't give much credence to the result of the poll itself, purely because Peter Schiff has been such an outspoken detractor towards Bitcoin.  It wouldn't surprise me at all if Bitcoin supporters were just voting against him out of spite, heh.  Take everything on twitter with a pinch of salt. 

The more interesting story is the difference of opinion between generations.

You are correct and decision to be made after will entirely be changed or not basing of on the poll results.This really shows the difference between the opinion of between generation

but it wont be surprising if the old one will adapt on whats been currently on the trend.Not only just its being too hyped or something but actually it did really have that real benefits in terms of payment system.
For Peter to buy bitcoin then he might be doing that already in silent or he do make up some discussion with his son about on the said investment.

[noorammak]

News like this still frequently exists on social networking sites. The way he communicates is like a joke because he doesn't understand the value of bitcoin. He buys gold and his child buys bitcoin, what's wrong?

[jekainvestor]

https://twitter.com/PeterSchiff/status/1303009420713111553

Peter Schiff twitted that his son buy more bitcoin against his advise. Then Peter in turn put up a poll as to who's advise someone will follow, his or his son. An overwhelming 80++% voted for the kid move to get into bitcoin.  , Lol, he should follow his kid's advise as well and get into BTC, or is he secretly stashing already?

LoL!!! ))) How funny this situation is))) But personally for me it was not a great surprise, that lots of people voted for kid's decision. May be because first - elder people are more experienced in traditional ways of investments and have more traditional views, but not so experienced in new tendencies and directions. And the second - younger generation is more active, more advanced in new technologies, creations and discoveries, they are more active and always try to create or find something new, not alike their parents has, that is why I think that more younger people voted for this second answer))) More over I would vote the same - for kid's choice, for BTC.

[jrrsparkles]

Old people will never accept bitcoin could be a revolutionary asset in the investment market because they excatly don't know what it is and the high volatility makes them to feel scary to invest on it, maybe they are right it is not good for the investment but still huge profits can be made by investing on it and that is what exactly the younger generation are doing right now.

[TedMosby]

This got my attention.

business owner and investment professional for over 30 years.
and he can convince his son? how can he convinced his business partners before? 

[DatKing]

His son is doing the right thing. Nobody should ignore the changing world. You could be a very good investor/businessman. But if you refuse to follow new technologies then you are on the wrong way I think.