I don’t know this man so-
everyone is entitled to his own opinion. So he can say what he wants. And the ones who listened to his instructions? They didn't know how to make up their own minds, so not...
I listened to him intently in the 2005-13 time frame. He talked a lot of sense. I took his words with some weight.
He made an amazing speech at the American Mortgage association. This led to many "Peter Schiff was right" videos. He was riding high.
Nevertheless, I did buy a little Bitcoin, but perhaps with much more trepidation than I would otherwise.
It's a shame that Schiff's legacy is now so closely tied to his Bitcoin criticism. If he had simply acknowledged the potential of Bitcoin and focused on other areas of his expertise, he might have maintained his reputation as a financial visionary
He made an amazing speech at the American Mortgage association. This led to many "Peter Schiff was right" videos. He was riding high.
Nevertheless, I did buy a little Bitcoin, but perhaps with much more trepidation than I would otherwise.
It's a shame that Schiff's legacy is now so closely tied to his Bitcoin criticism. If he had simply acknowledged the potential of Bitcoin and focused on other areas of his expertise, he might have maintained his reputation as a financial visionary
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