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Peter Schiff to Grow Bitcoin Reserve on Public Donations
In a shocking move, renowned Bitcoin critic Peter Schiff has announced his intention to grow his Bitcoin reserve through public donations. This sudden change of heart comes as a surprise to many, given Schiff’s long-standing opposition to the leading crypto asset.
Schiff made the announcement in a recent post, where he revealed that any donation he receives today will be doubled, thereby doubling the amount received from supporters. While this initial decision may seem like an act of charity, it is also sparking a lot of curiosity and questions about Schiff’s stance on Bitcoin.
It’s interesting to note that Schiff has never spent his money on acquiring Bitcoin in his entire life, which makes his recent move even more intriguing. His decision to grow the reserve could be seen as a shift from his regular jabs at crypto, suggesting that he may be slowly warming up to the idea of Bitcoin’s potential.
However, the post has triggered mockful comments from some users. One comment suggested that Schiff is demanding Bitcoin donations due to the asset’s decentralized nature, which allows for digital transfers similar to how gold bars can only be received physically. Other commenters were seen throwing jabs at Schiff for advocating for Gold over Bitcoin and demanded he send his Gold address instead.
Schiff’s initial decision to own a Bitcoin reserve was met with surprise by the public, but his intention to grow it through donations has further sparked curiosity about his stance on the leading crypto asset.
Source: https://u.today/peter-schiff-to-grow-bitcoin-reserve-on-public-donations
