Peter Schiff btc critic posts standing infront of bitcoin sign at the airport

[electronicash]

^
Peter's son is already married.
and according to online forums, his son invests in BTC. he could never escape that because even if he visits his grand sons BTC might be there too. 
but i think Peter is slowly accepting that BTC is here to stay especially when institutions have started buying BTC. pretty sure he has friends in Blackrock or Vaneck.

[rohang]

^
Peter's son is already married.
and according to online forums, his son invests in BTC. he could never escape that because even if he visits his grand sons BTC might be there too. 
but i think Peter is slowly accepting that BTC is here to stay especially when institutions have started buying BTC. pretty sure he has friends in Blackrock or Vaneck.

Lol funny article about the dad-son

https://www.newsbtc.com/news/peter-schiffs-18-year-old-son-beats-gold-bug-at-own-game-with-bitcoin-buy/

He calls out his son on X for never having a job, then btc gains the son 60% whole gold loses 2% 

[electronicash]

^
Peter's son is already married.
and according to online forums, his son invests in BTC. he could never escape that because even if he visits his grand sons BTC might be there too. 
but i think Peter is slowly accepting that BTC is here to stay especially when institutions have started buying BTC. pretty sure he has friends in Blackrock or Vaneck.

Lol funny article about the dad-son

https://www.newsbtc.com/news/peter-schiffs-18-year-old-son-beats-gold-bug-at-own-game-with-bitcoin-buy/

He calls out his son on X for never having a job, then btc gains the son 60% whole gold loses 2% 

what a dad! can't just be proud of his son for making a lot of money while jobless. patting the kid's back would have meant the world.

so even in his home, he could avoid BTC. but this article was 3 years ago. i think it won't be long to see Peter flip and will shock us one day when he uses BTC too. It is all just the benefit and making money out of BTC will make him reassess what he should have been buying.

[NeuroticFish]

what a dad! can't just be proud of his son for making a lot of money while jobless

While this could be just another "story for the news", if it's for real I can tell that (way too) many dads are too demanding for their sons and, especially after a certain age, they don't understand that people can make money (and a living) in other ways than they (the dads) expect. World and life changes too fast for some.

[doomloop]

In the first image it says this in Turkish: Buy, sell Bitcoin and cryptocurrencies easily! Buy, sell shares easily!

Because there is a hyperinflation in Turkey as you have said, people are searching for different investment tools to maintain the value of their money. They see cryptocurrencies as an option.

Thanks for the translation there. You must be from the same country to read it? Eh, . Hyperinflation can be a global problem but I know many people already figured out that BTC can be used as a hedge against it. That's a sad news if they got hacked recently but there is no need to panic if you are using the exchange. With the reputation they have, they can sort this issue not long enough.

In other words gold doesn't have that potential to grow while bitcoin is all potential to grow. In all seriousness comparing gold and bitcoin is wrong because bitcoin is still in its adoption phase while gold has had its adoption.

If that is, then why there are still lots of people who invest in gold? And until now, gold is still considered as one of the best/leading investment assets. Gold can still grow in value, though it may not be too much as on what can BTC achieve. I think it's not totally wrong to compare gold with BTC because both of them still had some similarities.

[CLS63]

In the first image it says this in Turkish: Buy, sell Bitcoin and cryptocurrencies easily! Buy, sell shares easily!

Because there is a hyperinflation in Turkey as you have said, people are searching for different investment tools to maintain the value of their money. They see cryptocurrencies as an option.

Thanks for the translation there. You must be from the same country to read it? Eh, . Hyperinflation can be a global problem but I know many people already figured out that BTC can be used as a hedge against it. That's a sad news if they got hacked recently but there is no need to panic if you are using the exchange. With the reputation they have, they can sort this issue not long enough.

You are right. I'm living in Turkey.  Here even people at the age of 65-70 have entered the stock market to preserve their money against hyperinflation. Hyperinflation is a global problem however Turkish people are paying its costs very heavily because of the bad management in Turkey.

[Kemarit]

And two days ago, he had this tweet,



https://x.com/PeterSchiff/status/1813212549506011247

You just have to give it to him though, he is comparing the price from 2021, LOL. Gonna be interesting to see what will his tweet when we hit $100,000 at least at the end of the year or in this bull cycle.

If we have "Inverse Cramer", we should definitely have ""Inverse Schiff". 

Or we should just ignore this clown for good?

[Lucius]

~snip~
If we have "Inverse Cramer", we should definitely have ""Inverse Schiff". 
Or we should just ignore this clown for good?

I concluded a long time ago that there is almost no logic in his statements, and he proves it year after year. If he wrote this nonsense 2 days ago with 30% referring to the year 2021, I wonder when was the last time he looked at the price of BTC? It's easy to be a clown, as long as you're a rich clown, right?

[m2017]

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.

[tread93]

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."

https://x.com/PeterSchiff/status/1810663017266487638

While Willy Woo, an advocate of bitcoin posts several hours later along with a chart showing it is a benefit for their economy struggles:
"It's because #Bitcoin is shield against hyperinflation in Turkey."

https://x.com/PeterSchiff/status/1810663017266487638

Haven't tried to translate what is said but it has to be for the greater good since they have a QR code.

Just found it as an interesting thing for someone who told his clients to sell bitcoin because it will never out do gold.
Yet it is gaining ground on the precious metal at the beginning of the year due to the release of the bitcoin spot etf.
https://blockworks.co/news/bitcoin-etfs-gold-funds-flippening

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 heard a few months ago his own son is holding some bitcoin which I found hilarious.

At some point Schiff will have to eat his words because Bitcoin is going to crush gold in the ETFs and the real deal. He only shills gold so much because he has his very own ETF and he wants all his clients to spend their money there in HIS ETF lol

[Saint-loup]

For such hyperinflation BTC should be OK despite its rather high volatility because it's obviously more convenient and certainly safer to hold Bitcoin than to hold gold. It's quicker and easier to buy and to sell it in addition. But fortunately most currencies don't get such inflation, it's rather rare actually

[Lucius]

At some point Schiff will have to eat his words because Bitcoin is going to crush gold in the ETFs and the real deal. He only shills gold so much because he has his very own ETF and he wants all his clients to spend their money there in HIS ETF lol

People like him never admit that they are wrong, you see that the man talks about things that have nothing to do with what is actually happening. The only question is whether he is doing all this purposefully to promote his business - or is it some kind of pathological obsession with gold that no longer allows him to think rationally.

[tranthidung]

And two days ago, he had this tweet,



You just have to give it to him though, he is comparing the price from 2021, LOL. Gonna be interesting to see what will his tweet when we hit $100,000 at least at the end of the year or in this bull cycle.

If you want to prove he is wrong, share it on his X, but I really think you don't need to waste your time. You can not change Peter Schiff and his thinking, support on Gold and his hate against Bitcoin.

Exception is if his company no longer sticks with gold but change products to Bitcoin-related, Peter Schiff will change and say sweet words about Bitcoin. When?

If you still want to do this, here is the link with table and chart for Bitcoin, Gold, S&P500 ROIs.
https://casebitcoin.com/charts

[red4slash]

^
Peter's son is already married.
and according to online forums, his son invests in BTC. he could never escape that because even if he visits his grand sons BTC might be there too. 
but i think Peter is slowly accepting that BTC is here to stay especially when institutions have started buying BTC. pretty sure he has friends in Blackrock or Vaneck.

Lol funny article about the dad-son

https://www.newsbtc.com/news/peter-schiffs-18-year-old-son-beats-gold-bug-at-own-game-with-bitcoin-buy/

He calls out his son on X for never having a job, then btc gains the son 60% whole gold loses 2% 

Here we can also conclude that anyone can be in bitcoin and cannot force others to be in bitcoin or prohibit someone from being in bitcoin in the end.

We realize what Peter Schiffs is like and how he is someone who keeps saying that gold is better but in the end he also cannot forbid his son to be in bitcoin because again this depends on our own choices and as long as we have money that is right from us then it is certain that anyone cannot prohibit or order to be in bitcoin because indeed bitcoin is generated not without coercion from others but because of our pure desire sneidir to be in it.

Regardless of how Peter Schiffs works in gold and bitcoin, I actually underline that a person's choice cannot be interfered with by family even though because when we talk about investment, it is certainly our responsibility to do it ourselves, not others.