Peter Schiff Talk Am Again: Say Bitcoin Money Stock Get More Risk Pass Direct Bitcoin Money
Ogbonge economist wey dey tok against Bitcoin, Peter Schiff, don increase im tori wey dey criticize public companies wey dey hold Bitcoin like dem main money. Schiff say invest for Bitcoin treasury stocks – like MicroStrategy, Tesla, Block, Coinbase, Metaplanet, and Next Technology Holding – no make sense reach to just buy Bitcoin itself. E claim say dis companies just dey follow how Bitcoin price dey waka, dem no get di kine tins wey normal business get or di direct gain from holding crypto. Schiff plus warn say shareholders for dis companies get extra risks, like management go make mistake, goment go put rules, and tins go fit no work well, wey no dey if you just hold Bitcoin direct. As big companies like MicroStrategy don gather pass 568,000 BTC (wey reach like $123 billion), pipo wey like am say dis stocks dey give institutional and retail investors indirect way to enter crypto – especially for places wey goment rules dey stop direct Bitcoin investment. But, pipo wey dey criticize am, including Schiff, point out say di shares fit reduce and di companies no get strong main business value. Dis hot argument dey show di risks and di smart ways for crypto traders wey wan know weda dem go follow proxy stocks or invest direct for Bitcoin, and e emphasize say Bitcoin proxy equities fit carry double wahala of speculation and business risk.
Bearish
Peter Schiff wey critics Bitcoin treasury stocks plenty-plenty don show say di risks plenty, including how dem dey manage am, government rules and how dem dey run am for investors wey choose proxy equities instead of direct Bitcoin. Even as some big companies don save plenty BTC, Schiff point out say dem no get strong business foundation, make pesin doubt if dem go last long. From history, when big critics like Schiff talk bad like dis, e dey make di price go down or make traders careful about Bitcoin and related stocks. For traders, dis one show say Bitcoin proxy stocks go likely fall small for short term and e fit even make pipo no too ginger for Bitcoin itself, especially dose wey fear combined risks and speculations.