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RE: Peter Schiff Tells Joe Rogan Bitcoin Will Crumble: Predicts $1,000 Price

in #cryptocurrency6 years ago

I think that in a sense Mr. Schiff is right, but I do not think that his prediction will come true for quite sometime. It is becoming much easier at least in the USA to use crypto to pay bills and make purchases daily. It is still harder though to mine crypto and profit from crypto by its self. The demand right now for crypto is high, and there are already some forms of crypto that are backed by a governments physical currencies, they are failing too. A prime example is Venezuela and their "Petro", they thought it would be the answer to their struggling economy but so far it has not. Thanks for the share.

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