Can Saylor of MicroStrategy become a bigger “villain” than Sam Bankman-Fried of FTX?
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Schiff warns that the collapse of Strategy will impact Bitcoin more seriously than FTX, and Saylor could become an even bigger villain than SBF.
- Schiff warns that the collapse of Strategy will hurt Bitcoin more than the collapse of FTX.
- He believes that anyone who publicly defends Saylor will have to face close scrutiny.
- Schiff also rejects the argument that the value of Bitcoin’s proof-of-work mechanism is useless labor.
$BTC
$FTT
⠀
Schiff warns that the collapse of Strategy will impact Bitcoin more seriously than FTX, and Saylor could become an even bigger villain than SBF.
- Schiff warns that the collapse of Strategy will hurt Bitcoin more than the collapse of FTX.
- He believes that anyone who publicly defends Saylor will have to face close scrutiny.
- Schiff also rejects the argument that the value of Bitcoin’s proof-of-work mechanism is useless labor.
$BTC
$FTT