Michael Saylor Fights Back Against Peter Schiff S Accusations Of Economist and staunch bitcoin (crypto: btc) critic peter schiff slammed the idea of companies using the apex cryptocurrency as a treasury asset, arguing it’s a gamble with shareholder’s funds. Renowned economist peter schiff challenged microstrategy inc.'s (nasdaq: mstr) co founder michael saylor's argument that bitcoin's scarce supply would continue to drive its price higher.
Michael Saylor Slays Peter Schiff By Buying An Additional Later on friday, december 4, michael saylor’s business intelligence firm microstrategy announced the purchase of an additional 2,574 bitcoins worth $50 million. microstrategy is one of the biggest buyers and public listed companies to buy bitcoin as an inflation hedge. Advertisement. "gold bug" peter schiff and microstrategy ceo michael saylor on monday engaged in a heated online argument over their views on cryptocurrencies. schiff, euro pacific capital's chief. In a fiery critique, renowned economist peter schiff slammed microstrategy founder michael saylor for what he labels as the “bitcoin pyramid scheme.”. this sparring occurred in the wake of saylor’s speech at the nashville bitcoin conference 2024. during the speech, saylor suggested that the united states should back its dollar with. Peter schiff and michael saylor slammed each other's bitcoin views on monday. "i think everything you say to promote bitcoin is nonsense," schiff said in a tweet to saylor. the global strategist's.
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