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Peter Schiff Says Bitcoin Is 'Anti-Gold,' Here's Why

source-logo  coingape.com 07 November 2024 08:06, UTC

Analyst Peter Schiff, a well-known financial commentator, has reiterated his critical stance on Bitcoin, claiming that it stands in contrast to gold. Amid recent market optimism following the re-election of Donald Trump as U.S. President, BTC has surged, while gold has seen a decline. Schiff argues that this divergence highlights Bitcoin’s speculative nature, positioning it as an “anti-gold” asset.

coingape.com