Peter Schiff proposed launching USAcoin - the US national cryptocurrency

3 months ago 0

Peter Schiff, one of the most famous critics of BTC, came up with the idea of ​​​​launching a national US cryptocurrency - in his opinion, instead of accumulating strategic reserves in Bitcoin, the country could save significantly by creating its own digital asset “USAcoin”.

Peter Schiff proposed launching USAcoin - the US national cryptocurrency

Schiff proposed limiting the volume of USAcoin, similar to Bitcoin, but introducing an improved blockchain - this would provide the new cryptocurrency with high functionality and make it convenient for everyday payments.

Peter Schiff

Питер Шифф (родился 23 марта 1963 года в Нью-Хейвене, США) — известный биржевой маклер, экономист, бизнесмен, писатель, комментатор, инвестор, стратег, блогер и ютубер. Он является президентом компании Euro Pacific Capital Inc., расположенной в Дариене, штат Коннектикут. Шифф придерживается Австрийской экономической школы и института имени Людвига фон Мизеса. Известен, как наиболее непримиримый противник Биткоина.

Main achievements and views:

  • Economic forecasts: Schiff is known for his predictions of the 2008 economic crisis and his accurate prediction of the US real estate bubble.
  • Television and radio: He is often invited to such channels as CNBC, Fox News, CNN and Bloomberg Television. He hosts the radio show "Wall Street Unspun."
  • Nickname: He is called "Doctor Doomsday" for his predictions and views on the US economy.
  • Political activities: Schiff was an economic adviser to Ron Paul's 2008 GOP primary campaign and ran for Senate in Connecticut in 2010.

Basic economic views:

  • Schiff believes that the US economy is on the verge of a serious financial crisis.
  • He advocates reducing government regulation of the economy and worries that government efforts to stimulate the economy could lead to hyperinflation.
  • Schiff supports the idea of ​​stimulating saving and production rather than consumption and borrowing.

Thus, Peter Schiff is a prominent figure in the world of economics and finance, known for his radical views and forecasts, as well as his negative attitude towards cryptocurrencies.

Your opinion is very interesting to us! Leave your comment please!