Peter Schiff Wants Your Bitcoin: Because Gold is So 2008

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Oh, Peter Schiff. The man who once looked at Bitcoin like it was a gluten-free, vegan cupcake at a steakhouse has suddenly decided he wants a slice of the crypto pie. 🍰 In a move that’s about as surprising as finding out your cat judges your life choices, Schiff announced on X that he’s building a Bitcoin reserve—and he’s asking the public to fund it. Because nothing says “I’m serious about crypto” like begging strangers for digital coins. 🪙

Apparently, Schiff’s Bitcoin stash is worth less than $5,000, which is roughly the cost of a decent espresso machine. ☕ So, naturally, he’s decided to double down—literally. He’s offering to match every Bitcoin donation he receives today, which is either a genius marketing ploy or a desperate cry for help. Jury’s still out. 🤷‍♀️

Here’s the kicker: Schiff’s entire Bitcoin reserve has been built on donations. That’s right. The man who’s spent years trashing crypto has never actually spent a dime on it. It’s like a food critic who’s never paid for a meal. 🍴 But hey, at least he’s consistent. Consistently ridiculous, that is.

Of course, the internet had a field day with this. One commenter pointed out that Schiff’s probably asking for Bitcoin because it’s easier to send than gold bars. I mean, have you tried mailing a gold bar? It’s not exactly Amazon Prime. 📦 Another user hilariously demanded Schiff share his “Gold address” instead. Spoiler alert: it’s probably buried in his backyard. 🏴‍☠️

And let’s not forget the cherry on top: most of the donations Schiff received weren’t even in Bitcoin—they were in SOL. Because nothing says “I’m a Bitcoin critic” like accepting Solana donations. 🌞

So, is Peter Schiff finally warming up to Bitcoin? Or is this just another one of his sarcastic stunts? Either way, it’s clear that the man who once called Bitcoin a “bubble” is now blowing hot air into it. 🎈

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2025-04-02 09:19