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'Bitcoin Skeptic' Peter Schiff: "I Understand Bitcoin Stockpiling... Why is XRP Necessary?"
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- Peter Schiff stated that he sees Bitcoin as digital gold and understands the possibility of strategic stockpiling.
- Schiff doesn't agree with Bitcoin stockpiling but suggested it could be viewed in a similar form to gold.
- He expressed a negative stance regarding the stockpiling of other virtual assets such as XRP.
STAT AI Notice
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Notable Bitcoin (BTC) skeptic Peter Schiff has shared his opinion on U.S. President Donald Trump's strategic stockpiling of virtual assets (cryptocurrencies).
On the 2nd (local time), Peter Schiff stated through X (Twitter), "I understand the rationale for stockpiling Bitcoin. I don't agree with it, but I see Bitcoin as digital gold. Since we strategically stockpile gold, we could also stockpile Bitcoin."
However, Peter Schiff viewed the strategic stockpiling of other virtual assets negatively. He said, "What is the rationale for stockpiling XRP? I don't understand why it's necessary at all."
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