Many bitcoin enthusiasts believe that a massive bitcoin adoption is underway. Surprisingly, they seem to be a bit less informed about the rapidity of this assertion.
Recently, the United States Congress held a historical Libra hearing in which certain congresspersons made very bullish comments on the topic of bitcoin and blockchain. Not till that moment did many believe that some congresspersons might actually hold bitcoins and possibly even used it in their everyday activities when necessity required.
As bitcoin became more mainstream, many popular skeptics threw the topic of bitcoin into an issue of national concern and presidential debate. Amongst these are Peter Schiff, a popular gold bug which has a strong belief in gold as a store of value over bitcoin, Nouriel Roubini, popular economist and bitcoin critic who recently debated Arthur Hayes in Taipei and now forming a movement against the entrepreneur and Donald Trump, the President of the United States (POTUS) who recently slandered bitcoin and cryptocurrencies in general, tagging their values “based on thin- air”.
Peter Schiff Now Holds Some Thousand Dollars Of Bitcoins…
Peter Schiff has joined the league of millions of bitcoin wallets holders who hold some units of bitcoin. It came to be when Schiff began to talk more about bitcoin in relation to the gold that he caught the bitcoin fever and got some thousand dollars of bitcoin to his name by means of community donations. At the time, Schiff had bitcoin equivalence of $2800 dollars sitting in his wallet. He later tweeted,
“I have been gifted $2,800 worth of bitcoin,” Schiff said via Twitter
Although still a bit skeptical about bitcoin, he has challenged a couple of bitcoin enthusiasts to ” try to educate him” on why to buy bitcoins.