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Financial commentator Peter Schiff: BTC has no value, but people will buy it because its price goes up

2024.01.25 - 08:29

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TechFlow news: Prominent financial commentator and CEO of Euro Pacific Capital, Peter Schiff, posted: "Here's how Bitcoin works. We create something that has no value, then artificially limit its supply. Then we all pretend it has value and buy it. Others see the price going up, so they buy too. Then we all keep HODLing it, hoping everyone continues pretending it has value."

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