In this crypto news content, it is highlighted that Bitcoin has surpassed the $100,000 mark, causing excitement in the cryptocurrency market. However, Bitcoin critic Peter Schiff believes that this achievement is not a result of natural market demand or decentralization, but rather due to government intervention and institutional purchases. Schiff argues that the prospect of Bitcoin being included in national reserves has sparked interest from institutional investors, leading to a surge in investment. He also suggests that MicroStrategy and its CEO Michael Saylor's aggressive accumulation strategy may have contributed to the rally. Schiff criticizes the reliance on official narratives and sees this as a departure from Bitcoin's decentralized philosophy. Despite his skepticism, the $100,000 milestone is seen as a significant moment for Bitcoin, solidifying its impact in both the crypto and traditional finance sectors.



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