Bitcoin Bear Peter Schiff Gets Roasted: ‘At What Point Do You Admit You’ve Been Wrong?’
Well-known gold enthusiast and cryptocurrency skeptic Peter Schiff on Thursday stirred the hornet’s nest, suggesting that the weakness in gold stocks is due to investors flocking to spot Bitcoin (CRYPTO: BTC) ETFs. This bold statement has ignited a fiery debate across the Twitterverse, with the crypto community seizing the opportunity to roast Schiff’s predictions. What Happened: Catalyst, Rising ActionSchiff said Bitcoin has become a direct bet against gold, predicting a scenario where gold will eventually break out, funded ironically by the sell-off in Bitcoin ETFs. He further speculated tha…