Bitcoin Critic Peter Schiff Regrets Missing Out On BTC Investment In Early Days: 'I Would Have Bought It Just Betting On Other People Being Dumb'
Portfolio Pulse from Mehab Qureshi
Peter Schiff, a well-known critic of Bitcoin, expressed regret for not investing in Bitcoin in its early days during an interview with Real Vision's Raoul Pal. Despite his criticism, he acknowledged the potential financial gains he missed out on by not investing when Bitcoin was valued at $1. Schiff maintains his critical stance, previously calling Bitcoin a 'pure ponzi' and likening it to a 'pyramid'. Bitcoin's market cap has reached $1.4 trillion, making it the eighth largest asset by value.
March 14, 2024 | 7:49 am
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Peter Schiff, a notable Bitcoin critic, regrets not investing in Bitcoin early on, acknowledging the missed financial opportunity despite his skepticism. Bitcoin's market cap has soared to $1.4 trillion.
Schiff's acknowledgment of missing out on a lucrative early investment in Bitcoin, despite his critical stance, highlights the significant financial growth and impact of Bitcoin. This, combined with the current market cap of $1.4 trillion, suggests a positive short-term impact on Bitcoin's perception and potentially its price.
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