Bitcoin Opponent Investor Peter Schiff’s Warning: It Will Halve!

Famous economist Peter Schiff, known as the “Gold Bug,” warned investors after the Bitcoin halving. Peter Schiff angered investors with his statement after the Bitcoin halving on April 20th. In his statement on the subject, the economist targeted Bitcoin investors, asking, “Are you celebrating this night by having a party?” He made a sarcastic warning that the Bitcoin halving soon will cause investors’ net assets to be halved: Congratulations to Bitcoiners for the halving. Are you celebrating this night by having a party? I wasn’t invited to any of them. I think halving is an appropriate name for what’s coming, as Bitcoin investors will soon experience their net worth being halved. The economist, who often makes anti-Bitcoin statements, suggested in recent days that potential sales from institutional investors could lead to a drop in the Bitcoin price and stated that a collapse could begin.

Bitcoin Opponent Investor Peter Schiff’s Warning: It Will Halve!

Famous economist Peter Schiff, known as the “Gold Bug,” warned investors after the Bitcoin halving.

Peter Schiff angered investors with his statement after the Bitcoin halving on April 20th.

In his statement on the subject, the economist targeted Bitcoin investors, asking, “Are you celebrating this night by having a party?” He made a sarcastic warning that the Bitcoin halving soon will cause investors’ net assets to be halved:

Congratulations to Bitcoiners for the halving. Are you celebrating this night by having a party? I wasn’t invited to any of them. I think halving is an appropriate name for what’s coming, as Bitcoin investors will soon experience their net worth being halved.

The economist, who often makes anti-Bitcoin statements, suggested in recent days that potential sales from institutional investors could lead to a drop in the Bitcoin price and stated that a collapse could begin.

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