US EditionPeter Schiff Blasts Trump's China Narrative On Crypto: Beijing Has No Interest In Leading The World In 'Ponzi Schemes'
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3 Articles
Peter Schiff Blasts Trump's China Narrative On Crypto: Beijing Has No Interest In Leading The World In 'Ponzi Schemes' - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Economist Peter Schiff mocked President Donald Trump’s focus on making the U.S. a global leader in cryptocurrency on Monday, dismissing the sector as a decentralized "Ponzi scheme." Schiff Jabs Trump Schiff took to X, weighing in on Trump’s claim that the country is “far and away ahead” of China in the industry. “China wants to be #1 in viable, productive industries,” the Bitcoin (CRYPTO: BTC) critic said. “China has no interest in leading the w…
Since Donald Trump has openly positioned himself as a supporter of Bitcoin and other digital currencies, the crypto market in the US is experiencing a massive upswing. At present, the Bitcoin rate is weakening. Investors could thus enter the market more favourably.
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