Peter Schiff now asking for Bitcoin donations. So, you wake up one morning, pour yourself a coffee, and what do you see?
The guy who’s spent years trashing Bitcoin like it was yesterday’s cannoli, suddenly asking his followers on X to send him Bitcoin.
I mean, if this ain’t a sign of the end times, what is? You can’t make this stuff up.
Fire trial?
Schiff, the EuroPac hedge fund boss and gold’s loudest hype man, has been calling Bitcoin a fraud for years.
He’s roasted it in hundreds of posts, calling out everyone from your cousin’s crypto side hustle to Michael Saylor, yeah, the guy who’s been buying up Bitcoin like it’s the last slice of pizza at a family reunion.
Saylor’s even turned his company into a Bitcoin hoarding machine, and his stock? It’s gone up tenfold in two years. But Schiff’s been on the sidelines, yelling bubble, like some old guy at a ballgame.
But now, after all that noise, Schiff’s wallet gets a grand total of twenty bucks. Two transactions.
That’s it. Not exactly the kind of cash you’d use to buy a round at the club, let alone change your mind about an entire asset class.
The guy who said he’d never touch Bitcoin is now holding less than the price of a decent lunch. But he’s a holder now.
Signs
Now, some people are saying this is the most bullish sign of the market cycle. If Peter Schiff, Mr. Gold Bars Under the Mattress, is asking for Bitcoin, maybe we’re at peak euphoria.
Others say the most bullish sign will be when Jim Cramer says he sold all of his Bitcoin.
That’s what the experts call it when everyone and their grandmother starts piling in, convinced the good times will never end.
Glassnode says the market’s buzzing with excitement, trading volumes are through the roof, and people are taking risks like it’s Vegas on a Saturday night.
But these euphoric phases? They don’t last. History says the next act is usually a little less fun, with corrections that wipe the smirk off a lot of faces.
A good one
Schiff, though, he’s got jokes. When someone asked if he’d use his new Bitcoin stash to fund his wife’s music videos, he shot back that he’s never selling.
Suddenly, he sounds just like the Bitcoin faithful he’s spent years mocking. The irony is so thick you could slice it with a butter knife. Or this is nothing but indeed a big joke.
Look, if Peter Schiff can flip the script, maybe we’re all just characters in some cosmic comedy. Maybe next week, Warren Buffett’s gonna show up in a Dogecoin T-shirt.
Stranger things have happened. But for now, let’s just savor the moment-a gold bug in the Bitcoin beehive, twenty bucks richer, and the punchline of his own joke.
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