Peter Schiff, CEO of Euro Pacific Capital and a well-known gold bull and Bitcoin (BTC) bear, recently had to deal with the revelation that his son had bought some Bitcoin. Well, yesterday, he offered crypto enthusiasts the chance to rub it in by sending his son some more Bitcoin for his 18th birthday.
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Known for being bullish on gold and bearish on Bitcoin, I don't know whether to blame him or have an understanding towards his inability to understand Bitcoin.
How about you being bullish on gold and eventually found out your son bought Bitcoin and intends buying more? Well that's what the old man had to deal with!
Since so many of you Bitcoin guys are ribbing me because my son @SchiffSpencer bought #Bitcoin, why not really rub it in by gifting him some as a belated birthday present. He turned 18 yesterday. He won't lose his. Here’s his wallet address: 3AeFWb22AG1qXLEyz1hNLYiT1PF8nrNrnK
— Peter Schiff (@PeterSchiff) August 27, 2020
This goes to proof gold is for the older generation while BTC is for millennials and post-mellennials. There is something called digital gold that some this old folks just won't agree to.
At press time, roughly 0.106 BTC, worth just over $1,200, has been sent via 36 transactions to the gift address provided by Peter Schiff.
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Interestingly his son have been receiving BTC gift, the crypto community never seizes to be generous in occasions as this. I wonder id Peter Schiff himself will soon be accumulating Bitcoin now that his son can probably help him understand and not lose his keys.
He just need to sing it out loud to himself until it sinks in; DO NOT LOSE YOUR KEYS! and Peter will surely get a hang of it.
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