
Title: Bitcoin Critic Peter Schiff Reveals Key Reason Behind Latest ATH Milestone
Peter Schiff, a well-known bitcoin critic, has stunned the cryptocurrency community by revealing the primary reason behind the latest all-time high (ATH) milestone achieved by the leading digital currency, Bitcoin (BTC). In his latest statement, Schiff surprisingly expressed that he is no longer skeptical about the potential of Bitcoin to continue its upward trend.
It turns out that Schiff’s conviction was initially fueled by his deep-seated belief that Bitcoin will be used as a hedge against inflation and for sustained wealth generation. This perspective has been fueled by the increasing popularity of crypto-currencies as digital assets, which can serve as a safeguard against monetary policy-induced inflationary pressures.
Source: u.today