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Bitcoin Price Comes Crashing, When This Should Be Glory Days Says Peter Schiff
With bitcoin plummeting over 30% in a 24-hour period to trading levels of $5,683, the lowest level in 10 months, a longtime critic of the cryptocurrency said that the coin is showings its true colors. "We've now answered the question that really wasn't a question in my mind, but there was a debate going on as to whether or not bitcoin was a safe haven, a store of value, an asset that people would flock to in times of trouble and financial turbulence," said Peter Schiff, founder of EuroPacific Capital said during an interview with Kitco News' Daniela Cambone. "The answer is, no, it's not a safe haven asset. It is a ... (full story)
