From Bitcoin Basher To buyer? Peter Schiff’s Shocking Confession From someone who criticizes Bitcoin to someone who now purchases it? The surprising admission made by Peter Schiff
Peter Schiff, known for criticizing Bitcoin and promoting Gold, has surprisingly admitted regret for not investing in BTC and recognizing its potential for profitable returns. Raoul Pal, the CEO of Real Vision, recently posted a video snippet of an interview with Peter Schiff where he expressed his remorse for not getting involved with Bitcoin in its early stages. Schiff acknowledged that he missed out on a significant opportunity to invest in the top cryptocurrency and now sees BTC as a valuable asset. In a related article, Schiff recommends that Bitcoin holders consider trading for rare ordinal collections. The gold advocate admitted that if he had the chance to go back in time 10 years, he would consider buying Bitcoin because he is not foolish. Do I regret not investing $10,000, $50,000, $100,000 into it? “Yes, of course,” he included. Peter Schiff pointed out that if he had made an investment, he could have potentially earned a significant amount of money, potentially in the hundreds of millions of dollars if he had held onto the coin and not sold it. He claimed he was unsure of his actions if he had bought Bitcoin at that time. Despite acknowledging this, he maintains skepticism towards the fundamental principles of Bitcoin. He also mentioned that he would have kept his investment private, crediting any profits to the foolish decisions of others.