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❕NEWS Peter Schiff critiques Elon Musk on his tweets

AudraMiller

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When it comes to cryptocurrency there are two sides that you can be on. On this one side of Elon Musk who is now a Bitcoin enthusiast and has constantly made this known through the social media platform Twitter. The other is Peter Schiff who is constantly sceptical of Bitcoin and the future that it has. Elon Musk recently tweeted that Bitcoin is a flawed currency, however it seems that he views it as better than the other fiat alternatives that we have at the moment. On the other hand, Schiff is constantly criticizing Bitcoin and even critiques this new tweet that was made by Elon Musk. What are your thoughts on this? Whose side are you on here, in this war about whether to be pro or against Bitcoin and other crypto?
 
I am never against bitcoin , but i think elon musk should at least reduce the tweet he is publishing about bitcoin, so it won't have a negative impact on the price
 
People will always hate.. everything is flawed.. why not just post his love and support his move for fiat instead of minding people's tweets
 
Peter Schiff, a well-known crypto skeptic and 'gold bug,' claimed that gold was a better asset allocation than bitcoin or fiat currency.

Musk comment "When fiat currency has negative real interest, only a fool wouldn't look elsewhere," Musk tweeted on February 19. "

Musk comment was in reply to Schiff's claim
Whilst I do see the advantages to gold, in terms of the fact that it is a physical commodity and more people are likely to have confidence in gold and look to utilizing it even more, it seems that there is still a large resistance layer that gold is unable to beat in order to increase its price.
 
When it comes to cryptocurrency there are two sides that you can be on. On this one side of Elon Musk who is now a Bitcoin enthusiast and has constantly made this known through the social media platform Twitter. The other is Peter Schiff who is constantly sceptical of Bitcoin and the future that it has. Elon Musk recently tweeted that Bitcoin is a flawed currency, however it seems that he views it as better than the other fiat alternatives that we have at the moment. On the other hand, Schiff is constantly criticizing Bitcoin and even critiques this new tweet that was made by Elon Musk. What are your thoughts on this? Whose side are you on here, in this war about whether to be pro or against Bitcoin and other crypto?
This should not be surprising because however good crypto currencies might be in the future, people will still be avoiding them because of their volatility nature. So people like Schiff who hate cryptocurrencies will continue criticizing them.
 
I'm on the side of life, Peter Schiff is not. You see in as much we embrace technology, we should also embrace it's Innovations. Bitcoin has come to stay, I wonder why Peter Schiff has not seen it that way.
 
We have the option of freewill and choices. They should leave others tweet and mind their desire. Go for the one you love and leave others alone. This my view on this
 
We have the option of freewill and choices. They should leave others tweet and mind their desire. Go for the one you love and leave others alone. This my view on this
I do agree with you, and i think that this is something that cryptocurrency is also trying to promote by being a decentralized platform as well. They are trying to give people power over their own portfolio.
 
We have the option of freewill and choices. They should leave others tweet and mind their desire. Go for the one you love and leave others alone. This my view on this
I think everyone have his own view on Bitcoin. ,I think trying to impose negative views is what I don't like ,Peter have been a Bitcoin critic ,he should leave others to their views
 
That's my point bro we all have our different views on investment portfolios. We need going negative on anyone just have your own investment and let it be done period
 
I think everyone have his own view on Bitcoin. ,I think trying to impose negative views is what I don't like ,Peter have been a Bitcoin critic ,he should leave others to their views
I think that with everything there is always going to be people that will be trying to work against it, no matter the innovation. Hopefully people are able to see past this and see the benefits that these things are able to provide.
 

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