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0 sats \ 0 replies \ @netstatic 15 Mar \ on: Peter Schiff once called Bitcoin a ‘pure ponzi’ now wishes he bought some bitcoin
Schiff is interesting because I can tell he understands some parts of Bitcoin, but never know how much he actually knows. I wonder if subconsciously he sees the value in Bitcoin but needs to take the opposing side to avoid the cognitive dissonance it would bring from being a gold bug for so long. Unfortunately he's attached his identity to gold instead of to the idea of finding the best manifestation of a scarce asset free of government control.