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Renowned economist Peter Schiff questioned the integrity of Bitcoin BTC/USD proponents on Tuesday, claiming that they no longer shared his economic concerns following the election of President Donald Trump.
What Happened: Without taking any names, Schiff took to X to question the rationale behind Bitcoin advocates’ continued endorsement of the apex cryptocurrency despite their newfound optimism about the U.S. economy.
“Before Trump was elected, most of the big names in Bitcoin shared my concerns about the U.S. economy, deficits, and inflation,” the staunch Bitcoin critic said. “However, since Trump was elected, while my outlook has remained consistent, they have done a…
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