Peter Schiff: STRC is a classic centralized Ponzi scheme operated by Strategy
Foresight News reported that gold advocate and economist Peter Schiff tweeted that Bitcoin is a new variant of a decentralized Ponzi scheme, whereas STRC is different in nature, being a classic centralized Ponzi scheme operated by Strategy. He stated that Michael Saylor did not directly respond to this question, but instead diverted the topic by saying "Peter does not love this field."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Canadian Dollar sits near two-month top vs USD amid bullish oil prices
SushiSwap community releases the “SUSHI Tokenomics Reconstruction” proposal
Anthropic signs a $9.1 billions computing power deal with mining company Riot (RIOT.US), causing Riot’s after-hours stock price to surge by 25%
According to sources, AI company Anthropic PBC has reached an agreement worth approximately $9.1 billion with bitcoin mining company Riot Platforms Inc. (RIOT.US). Recently, Riot has started offering AI data center computing power to external clients.
Meta open sources its most powerful AI model, Zuckerberg challenges OpenAI and Anthropic
Meta announced the open-sourcing of its most powerful AI model, Muse Spark 1.2, and launched the Muse Glimmer series designed specifically for consumer-grade devices. CEO Mark Zuckerberg emphasized that the open-source strategy can fill market gaps and counter closed ecosystems such as OpenAI and Anthropic. He also called for U.S. policy to lower competitive barriers for open-source models.
Crypto prices
More
