Golden Finance reported that Spencer Schiff, the son of gold supporter Peter Schiff (Peter Schiff), said that Bitcoin will not have a major impact on the world, and its price may drop to near zero in the next few years. Spencer Schiff has considered Bitcoin an excellent long-term investment and inflation hedge for years, while his father was a critic of Bitcoin.
Schiff explained: My shift in opinion has nothing to do with the bear market. I was still very bullish on Bitcoin the day it bottomed late last year. I even convinced my mother to buy the bottom line and the only reason I don't care about Bitcoin anymore is AI. Without artificial intelligence, I still think the price of Bitcoin will reach tens of millions of dollars per coin."
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Golden Finance reported that Spencer Schiff, the son of gold supporter Peter Schiff (Peter Schiff), said that Bitcoin will not have a major impact on the world, and its price may drop to near zero in the next few years. Spencer Schiff has considered Bitcoin an excellent long-term investment and inflation hedge for years, while his father was a critic of Bitcoin.
Schiff explained: My shift in opinion has nothing to do with the bear market. I was still very bullish on Bitcoin the day it bottomed late last year. I even convinced my mother to buy the bottom line and the only reason I don't care about Bitcoin anymore is AI. Without artificial intelligence, I still think the price of Bitcoin will reach tens of millions of dollars per coin."