Shiba Inu 'Has A Much Real Value As Bitcoin', Staunch Crypto Critic Peter Schiff Avers - Aliens: AI Crypto News & Markets Updates

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Shiba Inu 'Has A Much Real Value As Bitcoin', Staunch Crypto Critic Peter Schiff Avers

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ZyCrypto

Fri, Oct 15, 2021

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Peter Schiff has also stated that gold is seeing a resurgence that is bad news for Bitcoin.

The CEO of Euro Pacific Capital Peter Schiff, who is noted as being a vocal Bitcoin opposer, took some time out to rain in the SHIB parade stating that it was about as valuable as Bitcoin – in essence, completely useless.

Notably, the conversation that warranted Schiff’s comment on SHIB was about how Bitcoin proponents including Mike Novogratz and Michael Saylor had allegedly turned down opportunities to debate gold proponents about the intrinsic value of gold.

He added that the gold rally was also bad news for Bitcoin.

Ironically, Peter Schiff’s son Spencer Schiff was among the onlookers downplaying the gold surge.Spencer Schiff, who unlike his father is a professed Bitcoiner, congratulated his father for the “2% price surge,” calling it a “momentous occasion for gold.”.

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