Bitcoin Critic Peter Schiff Calls Trump’s Strategic Bitcoin Reserve “Bogus,” Questions Real Impact
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- Peter Schiff has faulted the recently signed Bitcoin executive order.
- Schiff stated the order does not allow the US government to buy any more Bitcoin.
- The US crypto reserve will comprise BTC, XRP, ADA, and SOL.
Well-known Bitcoin critic Peter Schiff has slammed President Donald Trump’s signing of the executive order that creates a Strategic Bitcoin Reserve.
According to Schiff, the executive order does not permit the US government to buy Bitcoin but only allows it to keep whatever BTC it seizes.
Schiff: Trump’s Bitcoin Order “Bogus”
Schiff called the executive order “bogus” through social media platform X. He alleged that the President signed the new order under pressure from his donors and conflicted cabinet members. Schiff believes the order does not authorize the US government to buy more Bitcoin.
It’s worth pointing …
The post Bitcoin Critic Peter Schiff Calls Trump’s Strategic Bitcoin Reserve “Bogus,” Questions Real Impact appeared first on Coin Edition.
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In This News
Coins
$ 64.01K
-0.22%$ 1.10
-0.97%$ 0.165
-1.68%$ 0.00729
-1.27%$ 0.00...361
Predictions Markets
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