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Breakingviews - Bitcoin is a solution looking for a problemAlmost one year ago, billionaire Peter Thiel threw $100 bills into the crowd from the stage at a cryptocurrency conference in Miami, likening fiat currency to toilet paper and touting bitcoin as the best alternative. Thiel has said that central banks are 'bankrupt' and that the fiat money regime is coming to an end. Since his Miami proclamations, bitcoin’s price has fallen by nearly 40%, though in the last few weeks after Silicon Valley Bank’s failure it has had a resurgence. That suggests people think that Thiel is onto something. Those following his advice are sorely misled. It serves criminals pretty well for money laundering. 👍🏻 Do people actually get paid to write this, or is it a chat GPT experiment? “The trouble is bitcoin has benefitted precisely because of actions taken by central banks.” EXACTLY! Just not in the way you think. AnitaRamaswamy
Source: Reuters - 🏆 2. / 97 Read more »
Famous Crypto Hater Peter Schiff May Buy Thousands of Bitcoin (BTC) for This Specific ReasonPeter Schiff agrees with crypto community on Fed and inflation, says he may buy Bitcoin $BTC schiff fed inflation bitcoin btc btcusdt 🤣 schiff back to home The guy who said sell at 6k? LOL
Source: Utoday_en - 🏆 295. / 63 Read more »