Title: Peter Schiff’s Grim Forecast: Microstrategy’s Bitcoin Gamble Nears Dangerous Limits
Post by: Bitcoin on Nov 01, 2024, 04:53 am
Post by: Bitcoin on Nov 01, 2024, 04:53 am
Peter Schiff's Grim Forecast: Microstrategy's Bitcoin Gamble Nears Dangerous Limits
Peter Schiff warns that Microstrategy's $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.” Liquidity Trap Looms? Schiff's Ominous Message for Microstrategy's Bold Plan Economist and gold advocate Peter Schiff has called out Microstrategy executive chairman Michael Saylor's latest bitcoin […]
Source: Peter Schiff's Grim Forecast: Microstrategy's Bitcoin Gamble Nears Dangerous Limits (https://news.bitcoin.com/peter-schiffs-grim-forecast-microstrategys-bitcoin-gamble-nears-dangerous-limits/)
Peter Schiff warns that Microstrategy's $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.” Liquidity Trap Looms? Schiff's Ominous Message for Microstrategy's Bold Plan Economist and gold advocate Peter Schiff has called out Microstrategy executive chairman Michael Saylor's latest bitcoin […]Source: Peter Schiff's Grim Forecast: Microstrategy's Bitcoin Gamble Nears Dangerous Limits (https://news.bitcoin.com/peter-schiffs-grim-forecast-microstrategys-bitcoin-gamble-nears-dangerous-limits/)