Peter Schiff’s Gloomy Predictions: Microstrategy’s Bitcoin Bet Approaches Dangerous Limits

Peter Schiff warns that Microstrategy’s $42 billion plan to grow bitcoin holdings, financed by debt and equity, risks creating a dangerous liquidity trap. He called Michael Saylor “the egg man.” Is a liquidity trap looming? Schiff’s worrying message for Microstrategy’s bold plan Economist and gold advocate Peter Schiff denounced Microstrategy Executive Chairman Michael Saylor’s latest bitcoin (…)



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