Bitcoin is scarce and Gold is not, Peter schiff is just fighting a lost battle against Michael Saylor.

Honestly, Peter Schiff is just doing the most and he is putting in way too much time and effort fighting a lost battle between Gold and Bitcoin, and also his battle against Bitcoin HODLers but I have noticed that he has also been indirectly and directly fighting Michael Saylor and being a cry baby about it, while Micheal Saylor, on the other hand, has just been giving him some savage reply indirectly though, dropping facts and ignoring Peter Schiff like he was an obsessed fan trying so hard to get his attention and reaction but won't give it to them and that is what is killing him the most and making put all his effort fight Bitcoin using the bear market as a shield instead of him to face his Gold business, the funny thing is he is fighting Bitcoin HODLers and Michael Saylor with the normal nature of a bear market. During a bear market it is expected for the price of coins to dip or drop, and that is exactly what is happening currently and nothing more, this is not the first bear market and honestly won't be the last, and it always doesn't last forever either.

Tutorial Youtube Thumbnail Make Money - 2022-06-19T034852.381.png

Peter Schiff is just being a cry baby:

Disgraceful. @CNBC gave their favorite #Bitcoin pumper @saylor more unchallenged airtime to spread lies about Bitcoin and bash #gold. CNBC even let him get away with bragging that borrowing to buy Bitcoin was the single best investment $MSTR could've made, despite being down 30%!

You never get a 2nd chance to make a 1st impression. #Bitcoin made a horrible 1st impression on the majority of individual and institutional investors who first bought in at much higher prices. They'll sell and never buy again. Without their buying, the pyramid can't be rebuilt.

My Thoughts And Response

After reading those tweets above, you can now see why I said Peter Schiff is just being a cry baby, First of all, whatever CNBC did or didn't do on their show has nothing to do with what is happening to Bitcoin price and quite frankly it's none of his business or any bodies business, how they choose to allocate the timing of their show, they can choose to do whatever they want and interview whoever they want on their show. Also, Bitcoin is fully decentralized, which means nobody owns it and can control it, that aside, all financial markets are suffering too, so it's not just Bitcoin but he decided to troll only crypto, why did he not troll others like the stock market. Bitcoin is an asset that has seen many bad times and always bounces back with a fast and with a strong bull run, which most of the time hits new all-time highs.

Bitcoin being called Ponzi, Pyramid scheme, and that is dead is beginning to sound like a broken and has proven itself every time, Bitcoin is an asset that has real-world utility and it works really well. Bitcoin real investors know that it's a long-term asset and they are not worried about the short-term price action. Which Ponzi has real-world utility and has been tested and trusted for 13 years, that is still around, doing fine and changing people's lives. Bitcoin has a limited supply of 21 million and there is no other asset in the world that has a limited supply, which makes it unique and scarce. More tons of gold were recently found in Uganda, which means gold is not a scarce asset as more can be discovered, also companies can issue more stocks. Fiat can be printed unlimited. Now you see more reasons why Bitcoin can't go to zero and is better than gold.

THANKS GUYS FOR READING MY POST.

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