Peter Schiff: All cryptocurrencies are a joke, not just Dogecoin
- Peter Schiff, calling crypto is a joke.
- Peter Schiff’s tweet comes the day after Dogecoin hit ATH.
- DOGE increases more than 150% in one day.
Euro Pacific Capital Inc.’s CEO and global strategy director, Peter Schiff, called crypto a joke. He is also an American financial commentator, stockbroker and radio personality.
Following his tweet on April 16, Peter Schiff said:
Dogecoin can be made as a joke, but all cryptocurrencies are a joke.
The problem is that people who drink Kool-Aid still don’t understand. The irony, says Schiff, is that Dogecoin could be the highlight of such a known joke.
Also, he said that instead of laughing, the Bitcoin ‘HODLers’ would be left out. Peter Schiff’s tweet comes the day after Dogecoin hit ATH and is up more than 150% in one day.
Dogecoin can be made as a joke, but all cryptocurrencies are a joke. The problem is that people who drink Kool-Aid still don’t understand. The irony is that #Dogecoin could become the highlight of the so-called #Bitcoin joke. But instead of laughing, the Bitcoin HODLs will be left out.
– Peter Schiff (@PeterSchiff) April 16, 2021
Furthermore, he added that by 2021, Bitcoin has lost 97% of its value relative to Dogecoin. Furthermore, he notes that the market has spoken. Dogecoin is eating Bitcoin.
To that end, he said those who pumped Bitcoin who thought Bitcoin was better than gold must now admit that Dogecoin is better than Bitcoin. This is because the Dogecoin price has risen more than gold.
Peter Schiff also posted that he would talk about Dogecoin in his Peter Schiff Show. The program called ‘Dogecoin is the New Bitcoin.’
This article was first published on coinquora.com
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