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🔴 Bitcoin is a scam and a pyramid scheme that will likely end badly!

🔴 The well-known investor “Peter Schiff” described Bitcoin as a fraud, asserting that the investment strategy followed by some companies relying on Bitcoin, such as the formerly known financing firm “MicroStrategy,” will likely go bankrupt.

🔴 “Schiff,” who manages assets worth over a billion dollars and primarily focuses his investments on stocks and gold, expressed his astonishment at the company led by “Michael Saylor” continuing to pump massive investments into buying Bitcoin, sarcastically stating that this strategy might be a form of reverse psychology, but it apparently works for “Saylor,” who has shown no signs of backing down.

🔴 In a discussion on platform X during a voice session, “Schiff” reiterated his sharp criticisms of Bitcoin, pointing out that promoting it as “digital gold” is nothing but misleading.