Peter Schiff Urges Bill Ackman to Reconsider Bitcoin Venture

Peter Schiff, a notable critic of Bitcoin, has voiced concerns over Bill Ackman’s potential investment in the cryptocurrency. Ackman, a billionaire investor, has been contemplating investing in Bitcoin. He expressed this interest on social media. This sparked a conversation among financial heavyweights, including MicroStrategy CEO Michael Saylor. Saylor encouraged Ackman to view Bitcoin as an opportunity, citing the benefits to electricity costs brought about by Bitcoin miners.