Peter Schiff Slams Donald Trump’s Strategic Bitcoin Reserve Proposal

Quick Summary:

Peter Schiff, the core BTC critic has slammed the strategic BTC Reserve proposal that might come into effect with the re-election of former President Donald Trump.

While many industry leaders and some lawmakers are celebrating this proposal, Peter Schiff has detailed why this move, if achieved, can destroy the United States.

As the Bitcoin critic noted, this will make the BTC holding of the US government fall drastically.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaBhutanUnited States

Topics: 24/7 Cryptocurrency News Bitcoin Peter Schiff Donald Trump Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 19:00:59 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23524608

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