Gold Advocate Peter Schiff Raises Funds to Establish "Bitcoin Strategic Reserve": "I Will Share the Fate of This Ship"
Gold Advocate Peter Schiff Raises Funds to Establish "Bitcoin Strategic Reserve": "I Will Share the Fate of This Ship"
Gold Advocate Peter Schiff Raises Funds to Establish "Bitcoin Strategic Reserve": "I Will Share the Fate of This Ship"

Peter Schiff stated on social media that he is developing a budget-neutral strategy to acquire Bitcoin without increasing his own costs. He publicly shared a donation address, inviting fans to contribute to his reserves. Peter Schiff emphasized that he will not sell any donated Bitcoin, stating:

“The Bitcoin in my strategic reserves is acquired through a budget-neutral strategy without increasing my own costs, and this Bitcoin will not be sold. This will prove that holding Bitcoin reserves is a bad idea. I will go down with this ship to ensure that others do not board.”

So far, he has received nearly 0.055 BTC (worth over $4,600) and indicated that he has ordered a Trezor hardware wallet, intending to use it to store this asset.

Policies
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
2 weeks ago
0 13

Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.

Policies
VanEck's Proposed Solana Spot ETF Listed on DTCC Under Code VSOL
2 weeks ago
0 13

VanEck’s Proposed Solana Spot ETF Listed on DTCC Under Code VSOL

Policies
Should We Add or Reduce Positions? ETH Whale Goes Against the Trend with $200 Million Increase, BTC Bulls Forced to Stop Losses After Two Consecutive Pullbacks
2 weeks ago
0 13

Should We Add or Reduce Positions? ETH Whale Goes Against the Trend with $200 Million Increase, BTC Bulls Forced to Stop Losses After Two Consecutive Pullbacks

Policies
JPMorgan to Test Dollar Deposit Token JPMD via Ethereum Layer 2 Network Base
2 weeks ago
0 14

JPMorgan to Test Dollar Deposit Token JPMD via Ethereum Layer 2 Network Base

Policies
The People's Bank of China to Establish an International Operation Center for Digital Currency, Governor Discusses the Impact of Stablecoins on Cross-Border Payments
2 weeks ago
0 97

The People’s Bank of China to Establish an International Operation Center for Digital Currency, Governor Discusses the Impact of Stablecoins on Cross-Border Payments

Policies
Glassnode: Bitcoin Buyers Holding for Less Than a Year Become Major Source of Selling Pressure, While Long-Term Holders Opt to Stand By
3 weeks ago
0 16

Glassnode: Bitcoin Buyers Holding for Less Than a Year Become Major Source of Selling Pressure, While Long-Term Holders Opt to Stand By

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.

Table of Contents Toggle Stablecoin Usage Becomes Increasingly Compliant TRM …