Bitcoin naysayer Peter Schiff has acknowledged that he’s “most likely accountable” for extra individuals proudly owning Bitcoin than anybody else.
“Properly, primarily based on what I have been informed by numerous attendees at Bitcoin 2025, I am doubtless chargeable for extra individuals proudly owning Bitcoin than every other particular person,” he mentioned.
“Each time I inform you to not purchase Bitcoin, you purchase extra,” he quipped on the Bitcoin 2025 convention.
On the similar time, Schiff stays extremely essential of Bitcoin, claiming that no wealth was created with the assistance of the most important cryptocurrency.
“What has occurred is a large switch of wealth from those that purchased Bitcoin and crypto early to those that purchased later,” he famous.
Schiff, who first began criticizing Bitcoin all the way in which again in 2011, claims that the group behind the cryptocurrency is like “a large cult.”