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Benzinga
Benzinga
Business
Parshwa Turakhiya

Peter Schiff: Bitcoin Is A 'Gigantic Pump-And-Dump', But 'OGs Did A Great Job Of Selling The Story'

Peter Schiff Bitcoin Crypto Cryptocurrency
Btc,Bitcoin,Cryptocurrency,Coin,Show,On,Pc,Computer,Circuit,Motherboard

Bitcoin (CRYPTO: BTC) critic Peter Schiff has acknowledged that his biggest miscalculation was underestimating the public's willingness to buy the cryptocurrency — yet he still insists it remains a "gigantic pump and dump" destined to go to zero.

Schiff Concedes Public Demand But Maintains Bearish View

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