Peter Schiff, a financial commentator, has restated his negative view on Bitcoin, arguing that it differs from gold. As Bitcoin has risen in value recently after Donald Trump's re-election, while gold has fallen, Schiff claims that this demonstrates Bitcoin's speculative nature and positions it as an opposing asset to gold.
Other News from Today
US Department of Justice Issues Statement on Bitfinex Hack That Stole Billions of Dollars of Bitcoin
Jito Labs records $78.9 million in monthly fees for October, doubling its previous record set in May