Peter Schiff Tears Into Tesla's BTC Acquisition

[troubled soul]

Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla's BTC Acquisition – Economics Bitcoin News

After claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff has reacted angrily to reports that Tesla now acquired the cryptocurrency. In a series of tweets on February 8, Schiff claims that Musk has no interest in bitcoin's store of value credentials but is...

news.bitcoin.com

 

[Silvio]

Peter Schiff has been wrong on 99.99% of his predictions, it's amazing he still has the audacity to keep making new ones

 

[JackAlabama]

Peter Schiff has been wrong on 99.99% of his predictions, it's amazing he still has the audacity to keep making new ones

He achieves one very very important thing in this day and age.
People are talking about him and he gets attention by doing so. #1 skill to have in the internet age.
I would partner with him right away for any venture which needs broad attention.

 

[Silvio]

He achieves one very very important thing in this day and age.
People are talking about him and he gets attention by doing so. #1 skill to have in the internet age.
I would partner with him right away for any venture which needs broad attention.

Yep. He is a member of the "permabear club" along with Jim Rogers, Nouriel Roubini and others- people that predict doom and gloom and total system breakdown.

They are correct approximately once per decade and are wrong 99% of the time, but they generate lots of attention because "the system will crash" is a very appealing message to some people.
They usually make money not by investing and have no published track record, but by selling books (and by getting commissions on pitching Gold to gullible readers).

 

[JackAlabama]

Yep. He is a member of the "permabear club" along with Jim Rogers, Nouriel Roubini and others- people that predict doom and gloom and total system breakdown.

They are correct approximately once per decade and are wrong 99% of the time, but they generate lots of attention because "the system will crash" is a very appealing message to some people.
They usually make money not by investing and have no published track record, but by selling books (and by getting commissions on pitching Gold to gullible readers).

Getting attention and you can run any mediocre business successfully.

 

[exprtadvisrdev]

Getting attention and you can run any mediocre business successfully.

THIS, and it doesn't matter the business. Can be cryptos, gold, books and even tulips

 

[offshore xpert]

And his bank is no better (Euro Pacific, registered in Puerto Rico).

 

[dor]

old timer dinosaur, gold bug ancient history, because of him I bought into gold, luckily sold later after loss
damn me