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Benzinga
Benzinga
Business
Aniket Verma

Bitcoin Treasury Companies' Play Like 'Ponzi Built On A Pyramid,' Says Peter Schiff; Economist Warns 'Wild Centralized Speculation' Eroding BTC's Foundation

Peter Schiff Bitcoin Crypto MSTR
Bitcoin,Stack,With,Other,Coin,Pile,Background,,Bitcoin,Concept,,Digital

Economist and market commentator Peter Schiff critiqued Monday what he perceived as Bitcoin’s (CRYPTO: BTC) shift from decentralized adoption to centralized buying by treasury companies.

What Happened: In an X post, Schiff expressed his views on the current state of Bitcoin demand.

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