{"id":525540,"date":"2023-04-04T13:00:14","date_gmt":"2023-04-04T13:00:14","guid":{"rendered":"https:\/\/ktsl888.com\/?p=525540"},"modified":"2024-06-11T08:09:25","modified_gmt":"2024-06-11T08:09:25","slug":"peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/","title":{"rendered":"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead"},"content":{"rendered":"<p class=\"p2\">Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe that it holds any inherent value. Now, more often than not, Schiff has always been wrong about Bitcoin but that has not stopped the economist from preaching strongly against the cryptocurrency. Once more, Schiff has asked investors to stay away from BTC with a gloomy prediction.<\/p>\n<h2 class=\"p2\">Peter Schiff Says Bitcoin Will \u2018Breakdown\u2019<\/h2>\n<p class=\"p2\">Peter Schiff took to Twitter once more to share his gloomy prediction for the future of Bitcoin. This time around, the economist is not just trying to get investors away from the digital asset but he also actively predicted that he expects it to \u201cbreakdown hard.\u201d<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/cardano\/cardano-ada-could-break-above-0-5-very-soon-heres-why\/?swcfpc=1\">Cardano (ADA) Could Break Above $0.5 Very Soon, Here\u2019s Why<\/a><\/div>\n<p class=\"p2\">Schiff shared his reasons for this sentiment, saying that risk assets were going to suffer because inflation hedges are going to do better. To this end, he said that precious metals such as gold and gold stocks were the better option.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I think risk assets will soon breakdown hard, led lower by <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a>. <a href=\"https:\/\/twitter.com\/hashtag\/Inflation?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Inflation<\/a> hedges are about to breakout, lead higher by precious metals miners. As I titled my last podcast, <a href=\"https:\/\/twitter.com\/hashtag\/gold?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#gold<\/a> stocks are the new tech <a href=\"https:\/\/twitter.com\/hashtag\/stocks?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#stocks<\/a>. Either prepare for this new reality or suffer the consequences.<\/p>\n<p>&mdash; Peter Schiff (@PeterSchiff) <a href=\"https:\/\/twitter.com\/PeterSchiff\/status\/07024642?ref_src=twsrc%5Etfw\" rel=\"nofollow\">April 3, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p2\">This follows the same pattern of predictions that Schiff has made over the years, touting gold as the better option over the cryptocurrency. He sealed his tweet with what appears to be a caution for investors, saying \u201cEither prepare for this new reality or suffer the consequences.\u201d<\/p>\n<h2 class=\"p2\">Schiff Consistently Wrong About BTC<\/h2>\n<p class=\"p2\">At this point, Schiff\u2019s calls for investors to abandon Bitcoin have followed the same pattern: trying to shift investor focus to precious metals such as gold and silver. However, Schiff has been repeatedly wrong about Bitcoin for years. One user <a href=\"https:\/\/twitter.com\/CryptoSmart8\/status\/22165761?s=20\" rel=\"nofollow\">points out<\/a> that Schiff discouraged buying BTC below $3,800 three years ago, predicting it would continue to fall. Rather, BTC rose to a new all-time high of $69,000 in 2021.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/BNiwA30y\/\" alt=\"Bitcoin (BTC) price chart from TradingView.com\" width=\"2824\" height=\"1724\"><\/p>\n<pre style=\"text-align: center\">BTC recovers above $28,000 | Source: <a href=\"http:\/\/TradingView.com\" rel=\"nofollow\">BTCUSD on TradingView.com<\/a><\/pre>\n<p class=\"p2\">Bitcoin is also being increasingly used as an inflation hedge by investors. This is because of the digital asset\u2019s high performance rate since its inception has put it well ahead of the inflation rate. This has also earned it the nickname of \u201cdigital gold\u201d as its adoption grows worldwide each year.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-investors-remain-greedy-despite-low-momentum-why\/?swcfpc=1\">Bitcoin Investors Remain Greedy Despite Low Momentum, Why?<\/a><\/div>\n<p class=\"p2\">Nevertheless, Schiff continues to be against Bitcoin despite its performance over the years. The economist has previously said that he believes the value of BTC is eventually going to zero and proposes investing in gold as the better option.<\/p>\n<p class=\"p2\">On Bitcoin\u2019s part, the cryptocurrency has seen a good start to the year 2023, rising around 70% in the first quarter of the year. It is currently trading at a price of $38,364 after rising 6% in the last week.<\/p>\n<div class=\"disclaimer-shortcode\">Follow <a href=\"https:\/\/twitter.com\/BestOwiev\" rel=\"nofollow\">Best Owie on Twitter<\/a> for market insights, updates, and the occasional funny tweet\u2026 Featured image from iStock, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe that it holds any inherent value. Now, more often than not, Schiff has always been wrong about Bitcoin but that has not stopped the economist from preaching strongly against the cryptocurrency. Once more, Schiff has asked investors to stay away from BTC with a gloomy prediction. Peter Schiff Says Bitcoin Will \u2018Breakdown\u2019 Peter Schiff took to Twitter once more to share his gloomy prediction for the future of Bitcoin. This time around, the economist is not just trying to get investors away from the digital asset but he also actively predicted that he expects it to \u201cbreakdown hard.\u201d Related Reading: Cardano (ADA) Could Break Above $0.5 Very Soon, Here\u2019s Why Schiff shared his reasons for this sentiment, saying that risk assets were going to suffer because inflation hedges are going to do better. To this end, he said that precious metals such as gold and gold stocks were the better option. I think risk assets will soon breakdown hard, led lower by #Bitcoin. #Inflation hedges are about to breakout, lead higher by precious metals miners. As I titled my last podcast, #gold stocks are the new tech #stocks. Either prepare for this new reality or suffer the consequences. &mdash; Peter Schiff (@PeterSchiff) April 3, 2023 This follows the same pattern of predictions that Schiff has made over the years, touting gold as the better option over the cryptocurrency. He sealed his tweet with what appears to be a caution for investors, saying \u201cEither prepare for this new reality or suffer the consequences.\u201d Schiff Consistently Wrong About BTC At this point, Schiff\u2019s calls for investors to abandon Bitcoin have followed the same pattern: trying to shift investor focus to precious metals such as gold and silver. However, Schiff has been repeatedly wrong about Bitcoin for years. One user points out that Schiff discouraged buying BTC below $3,800 three years ago, predicting it would continue to fall. Rather, BTC rose to a new all-time high of $69,000 in 2021. BTC recovers above $28,000 | Source: BTCUSD on TradingView.com Bitcoin is also being increasingly used as an inflation hedge by investors. This is because of the digital asset\u2019s high performance rate since its inception has put it well ahead of the inflation rate. This has also earned it the nickname of \u201cdigital gold\u201d as its adoption grows worldwide each year. Related Reading: Bitcoin Investors Remain Greedy Despite Low Momentum, Why? Nevertheless, Schiff continues to be against Bitcoin despite its performance over the years. The economist has previously said that he believes the value of BTC is eventually going to zero and proposes investing in gold as the better option. On Bitcoin\u2019s part, the cryptocurrency has seen a good start to the year 2023, rising around 70% in the first quarter of the year. It is currently trading at a price of $38,364 after rising 6% in the last week. Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026 Featured image from iStock, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":525542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,601,679,1119,1144,78790,41003],"class_list":["post-525540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-investment","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-peter-schiff"],"acf":[],"yoast_head":"\n<title>Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead<\/title>\n<meta name=\"description\" content=\"Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead\" \/>\n<meta property=\"og:description\" content=\"Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-04T13:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:09:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887\" \/>\n\t<meta property=\"og:image:width\" content=\"1183\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead\",\"datePublished\":\"2023-04-04T13:00:14+00:00\",\"dateModified\":\"2024-06-11T08:09:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/\"},\"wordCount\":474,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887\",\"keywords\":[\"bitcoin\",\"bitcoin investment\",\"bitcoin price\",\"btc\",\"btcusd\",\"BTCUSDT\",\"peter schiff\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/\",\"url\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/\",\"name\":\"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887\",\"datePublished\":\"2023-04-04T13:00:14+00:00\",\"dateModified\":\"2024-06-11T08:09:25+00:00\",\"description\":\"Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887\",\"width\":1183,\"height\":887,\"caption\":\"Business Trends Graphs and charts 3d image\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/ktsl888.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead","description":"Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/","og_locale":"en_US","og_type":"article","og_title":"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead","og_description":"Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe","og_url":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-04-04T13:00:14+00:00","article_modified_time":"2024-06-11T08:09:25+00:00","og_image":[{"width":1183,"height":887,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/"},"author":{"name":"Best Owie","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead","datePublished":"2023-04-04T13:00:14+00:00","dateModified":"2024-06-11T08:09:25+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/"},"wordCount":474,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887","keywords":["bitcoin","bitcoin investment","bitcoin price","btc","btcusd","BTCUSDT","peter schiff"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/","url":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/","name":"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887","datePublished":"2023-04-04T13:00:14+00:00","dateModified":"2024-06-11T08:09:25+00:00","description":"Economist Peter Schiff has long been against Bitcoin. He has repeatedly warned investors to stay away from the digital asset because he does not believe","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887","width":1183,"height":887,"caption":"Business Trends Graphs and charts 3d image"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/ktsl888.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead","url":"http:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin investment","bitcoin price","btc","btcusd","btcusdt","peter schiff"],"dateCreated":"2023-04-04T13:00:14Z","datePublished":"2023-04-04T13:00:14Z","dateModified":"2024-06-11T08:09:25Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Peter Schiff Warns Investors From Bitcoin, Says They Should Buy This Instead\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/peter-schiff-warns-investors-from-bitcoin-says-they-should-buy-this-instead\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/iStock-1294303261.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/iStock-1294303261.jpg?fit=1183%2C887\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin investment\",\"bitcoin price\",\"btc\",\"btcusd\",\"btcusdt\",\"peter schiff\"],\"dateCreated\":\"2023-04-04T13:00:14Z\",\"datePublished\":\"2023-04-04T13:00:14Z\",\"dateModified\":\"2024-06-11T08:09:25Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/04\/iStock-1294303261.jpg?fit=1183%2C887","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/525540"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=525540"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/525540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/525542"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=525540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=525540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=525540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}