CZ posted that the debate with Peter Schiff is about to begin and preparations are being made in the background. Previously reported, economist and cryptocurrency critic Peter Schiff challenged CZ on the X platform to debate the pros and cons of bitcoin and tokenized gold. In response, CZ said: "Despite your opposition to bitcoin, you have always been professional and impersonal. I appreciate that. It can be debated.
Gold advocate and economist Peter Schiff tweeted that the yield on the 10-year Japanese government bond is now 1.84% and continues to climb. This is prompting investors to sell risky assets. Stock index futures were lower, and cryptocurrencies such as bitcoin were hit hard. But gold has risen more than $20 to break through the $4,240 mark; silver has risen $1.20 to break through the $57.50 mark.
Gold advocate and economist Peter Schiff wrote that the price of silver has just broken through $56, a record high. Gold is up to $4,220. Mining stocks are surging, while bitcoin is falling. Wall Street is still chasing cryptocurrencies, and a real bull market is coming.
The Russian Ministry of Finance is actively considering significantly simplifying the entry requirements for digital asset investors. The proposed simplification measures are expected to expand the range of participants in Russia's experimental legal system for cryptocurrency exchanges (ELR), lower the strict "super qualified" investor threshold (which requires a large amount of assets or income, such as investments of 100 million rubles or annual income of 50 million rubles), and more Russian c...
Economist Peter Schiff writes that MSTR's business model relies on income-oriented funds buying its "high-yielding" preference shares. But these announced returns never materialize. Once fund managers realise this, they dump these preference shares, and MSTR will no longer be able to issue any preference shares, setting off a vicious cycle.
Peter Schiff, an economist and critic of cryptocurrencies, called on bitcoin holders to sell as soon as possible on the X platform. "The price of bitcoin reaching $100,000 is a once-in-a-lifetime opportunity that must not be missed. In fact, such an opportunity may not come again in our lifetime. So seize this opportunity while you can. If you own bitcoin, sell it quickly, while the price is still above $100,000."
Zama, a confidential blockchain protocol, announced that it has acquired KKRT Labs, a pioneering research and development company focused on scaling blockchain with zero-knowledge proofs. The strategic acquisition will enhance Zama's technical prowess in blockchain scalability and effectiveness (zero-knowledge proofs) and accelerate its ability to deliver high-performance confidentiality to all public blockchains.
Gold advocate and economist Peter Schiff wrote that he was curious whether Trump's crypto friends could persuade him to fund a strategic bitcoin reserve and rescue bitcoin. But if government intervention is needed to save bitcoin, then the very need for a bitcoin reserve is laid bare.
Economist Peter Schiff took to social media to question Trump's statement on inflation policy. Peter Schiff pointed out that Trump claimed to have brought inflation below 2% and said he had eliminated it, while claiming to have inherited the worst inflation in US history from the Biden administration. However, Peter Schiff believes that the inflation problem has not been solved, and he expects that the average annual inflation rate during the Trump term may exceed the average during the Biden te...
Binance founder CZ has agreed to debate with cryptocurrency critic Peter Schiff about bitcoin and gold.