From Investing.com

November 8, 2024 2:00 pm:

Peter Schiff criticized the idea of Bitcoin being part of the U.S. strategic reserve, citing its volatility. Tom Lee suggested BTC could help with the $36 trillion debt due to its potential value appreciation. Schiff warned of liquidity risks and market crashes if the U.S. holds a significant amount of Bitcoin. Schiff believes Bitcoin’s volatility and illiquidity make it unsuitable as a serious reserve asset.

Read more at Investing.com: Bitcoin in US Reserves Would Crash Market, Peter Schiff Explains Why By U.Today