Peter Schiff criticizes idea of Bitcoin as strategic reserve due to inflation and debt concerns
From Investing.com
January 14, 2025 2:30:21 pm:
Peter Schiff criticized Japan’s economic policies and dismissed the idea of Bitcoin as a strategic reserve, citing inflation concerns and government debt. Japan remains cautious on crypto reserves, with PM Ishiba calling Bitcoin’s volatility incompatible with the current system. The US may form a Cryptocurrency Advisory Council to create a Bitcoin reserve, pending regulatory clarity. Schiff’s skepticism remains.
Read more at Investing.com: Peter Schiff Slams Bitcoin Reserve Push By U.Today
