Peter Schiff advises to exchange bitcoin for gold yet again
A wave of bankruptcies will soon sweep away cryptocurrencies, turning the crypto winter into a deep freeze, believes the economist renowned for his superficial attitude to crypto.
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If crypto really is the future, why is Silvergate, the premier crypto bank already a thing of the past? A wave of blockchain related bankruptcies will soon crash down on cryptoCurrencies, turning the crypto winter into a deep freeze. Hurry, sell your bitcoin and buy gold
Schiff urges
Peter Schiff is a frequent visitor to CNBC, Fox News, CNN, and Bloomberg Television, and an expert in major financial publications. He became popular after predicting the 2008 economic crisis.
However, Schiff's scepticism extends beyond crypto. For his extremely downbeat views on the USD, the US stock market, and the country's economy in general, the expert has been nicknamed “Dr Doom”.
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