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Home»Bitcoin»“I accept Bitcoin,” says BTC critic Peter Schiff forever on his birthday
Bitcoin

“I accept Bitcoin,” says BTC critic Peter Schiff forever on his birthday

2025-03-24No Comments4 Mins Read
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  • Peter Schiff moved his strategic reserve from Bitcoin to a hardware pallet and invited contributions through a public wallet.
  • Despite the past skepticism, Schiff embraces Bitcoin and leads to a debate about his true intentions.

Peter Schiff, known for a long time for his loyal criticism of Bitcoin [BTC]Seems to shift his attitude – at least on his 62nd birthday.

Instead of the usual birthday gifts, Schiff surprised the crypto community by revealing that he now wants Bitcoin in a hardware porter.

Peter Schiff’s shocking birthday present -question

In a recent message from X (formerly Twitter), he announced That he has successfully transferred his Bitcoin strategic reserve from exchange to a hardware pallet, which indicates an unexpected embrace of the active that he once rejected.

He said,

“For transparency I have moved my strategic Bitcoin reserve from an exchange to a hardware pallet. Today is my 62nd birthday. To build my reserve in a budget-neutral way, just like the American government, instead of gifts, I accept Bitcoin.”

This step has speculated about whether Schiff’s perspective on Bitcoin is evolving, or whether this is just a pragmatic decision in response to market trends.

What is more?

He also shared his wallet address in an X -post and invited contributions, while it made it clear that these are not personal donations.

Instead, he insists that the funds are strictly for the reserve that he has sworn to never touch or sell.

Peter Schiff on BitcoinPeter Schiff on Bitcoin

Source: Peter Schiff/X

In addition to Bitcoin, Schiff remains faithful to his gold -controlled ideology, which also accepts Paxgold and Tether Gold openly.

It is interesting that his reserve started as a satirical puncture in the US government’s plans for a strategic financial reserve, but it has had its own life since then.

See also  Bitcoin Rollups: The Rock or the Hard Place?

So far it has collected more than $ 4,500, mainly from small contributions.

Despite its history of skepticism, Schiff now embraces the Bitcoin ethos in his own way, even, even explains,

“My strategy is to go with the ship, like a real Hodler!”

Community Spot

As expected, the entire crypto community was shaken by this change in attitude as noted by the user Wabi Wabiwho said,

“@Grok I thought this guy Bitcoin hated, does he now accept Bitcoin donations LMAO?”

Added to the fight Another user Who said,

“Selling gold to buy Bitcoin is budget neutral, Peter.”

The spot went on and was appropriately summarized when another X user added”

“Stop pleading for BTC Lmaooo. You have been Anti -BTC all your life and now you beg about it? Average Golden Maxi.”

Schiff’s conflicting view of Bitcoin

Schiff’s evolving attitude on Bitcoin comes at a time when market dynamics are shifting quickly.

His last claims about China, which loads $ 100k to BTC in January, corresponds to his continuous skepticism about the stability of the cryptomarkt.

Moreover, his criticism of the narrow ties between the crypto industry and the US government – together with the involvement of the Trump in digital assets – make his recent embrace of a Bitcoin reserve all the more unexpected.

BTC price promotion

In the meantime, Bitcoin himself has renewed strength and acts at $ 86,952.51 after an increase of 3.91% in the last 24 hours, according to Mint market cap.

This marks a considerable recovery, especially in view of the long -term battle of BTC to break past the $ 85k resistance level.

See also  BlackRock's IBIT Maintains Lead in Bitcoin ETF Race, Crosses $2 Billion in Inflows

Whether the reserve of Schiff is a real conviction or just another strategic game can still be seen, but it certainly adds a new layer of intrigues to the current story of Bitcoin.

Next: SPX6900 rises 21% per day: assess whether a rally up to $ 0.67 is possible

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Accept birthday Bitcoin BTC critic Peter Schiff
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