Peter Schiff: Bitcoin a ‘Fraud,’ Strategy Will Probably Go ‘Bankrupt’
Schiff, with the bravado of a seasoned critic, declared that Michael Saylor’s once-esteemed finance company, now a Bitcoin-obsessed entity, is destined for the graveyard of bankruptcies. Yet, one must wonder if this is merely a clever ruse, a reverse psychology ploy that has Saylor racing like a headless chicken, gobbling up Bitcoin in quantities that would make even the most gluttonous whale blush.