🇨🇳 Peter Schiff: China Isn’t Focused on Bitcoin — They’re Focused on Power
Well-known gold advocate Peter Schiff claims Chinese leadership is taking a very different approach compared to Western crypto enthusiasm.
🧠 Schiff’s Argument:
• China is prioritizing industrial dominance — building factories, infrastructure, and supply chains
• The country is aggressively accumulating gold reserves
• Bitcoin is viewed as speculative, while gold is treated as strategic wealth
🏭 China’s Strategy
China continues expanding manufacturing capacity and global trade influence, strengthening its position in the real economy rather than relying on digital asset speculation.
🪙 Gold vs Bitcoin Debate
Schiff believes gold remains the ultimate sovereign hedge, while Bitcoin supporters argue digital scarcity could eventually challenge traditional safe-haven assets.
⚖️ Big Question For Markets
Will future global power be backed by hard assets like gold, or digital assets like Bitcoin?
Both narratives are shaping the next financial era — and investors are watching closely.
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