Title: Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
Post by: Bitcoin on Aug 07, 2024, 06:30 am
Post by: Bitcoin on Aug 07, 2024, 06:30 am
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites 'Not Your Keys, Not Your Coins'
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this behavior indicates an impending collapse. Schiff also slammed Senator Cynthia Lummis’ bill proposing a U.S. bitcoin reserve, […]
Source: Peter Schiff Warns Against Owning Bitcoin ETFs, Cites 'Not Your Keys, Not Your Coins' (https://news.bitcoin.com/peter-schiff-warns-against-owning-bitcoin-etfs-cites-not-your-keys-not-your-coins/)
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this behavior indicates an impending collapse. Schiff also slammed Senator Cynthia Lummis’ bill proposing a U.S. bitcoin reserve, […]Source: Peter Schiff Warns Against Owning Bitcoin ETFs, Cites 'Not Your Keys, Not Your Coins' (https://news.bitcoin.com/peter-schiff-warns-against-owning-bitcoin-etfs-cites-not-your-keys-not-your-coins/)