Is Peter Schiff Against Bitcoin Because He Is A Globalist Insider Shill?
When mainstream media tries to drag bitcoin’s name through the mud, we get it. The mainstream media is owned by the same general group of people who own everything else including governments and central banks.
Of course, they are going to do everything they can to make bitcoin look as bad as possible. And they’ve done that, now declaring bitcoin dead 140 times. And that’s when they aren’t trying to associate bitcoin with things like the CIA’s drug running business or terrorist financing which Best Friends Forever (BFFs) Killary Clinton and Donald Trump do on a daily basis.
But when those not normally associated with the globalists try to say and do anything to demean bitcoin it makes you wonder whose team they are on.
We’ve highlighted the Health Ranger, Mike Adams, more often than even we would care to bother.
But, an even bigger name bitcoin hater needs to be scrutinized. Peter Schiff.
Many people who read The Dollar Vigilante (TDV) tend to think of Schiff as being one of the good guys. He’s been a gold bug forever… and TDV has also been promoting gold and silver since our inception.
Schiff was all over mainstream media using his knowledge of Austrian economics to warn of the financial crisis to come prior to 2008. That’s how he became a big name.
And, we are also massive proponents of Austrian economics and, in general, we agree with most of Peter’s prognostications of the markets and another coming crisis.
But, Schiff has been bitcoin’s biggest critic for years. And, not even with any reasonable analysis. He has actually compared bitcoin, the massively complex cryptographic largest supercomputer in the world to Beanie Babies!
And not back in 2013, when perhaps he could be forgiven for being so naive and ignorant. He said that this year!
Some claim that he bashes bitcoin because bitcoin competes with his gold related businesses. But, even if this is the case, it is hurting his business now, much more than it is helping it.
Here’s a recent Facebook post by Peter bashing bitcoin again… but take notice of all the comments.
These are his Facebook followers. They are following him because they are fans of his… and the great majority of them disagree with his negativity on bitcoin!
Schiff has even been losing employees and partners who cannot believe how naive or ignorant… or an outright globalist shill… he has been when it comes to cryptocurrencies.
And now it has come to light that Schiff has partnered with one of the most blatant and evil globalists in the world, George Soros.
At the very least, Schiff is making himself appear guilty by association for being involved in the monopolization of the Texas gold industry along with George Soros and friends into some administrative roles at the Texas Gold Depository and UTIMCO.
Josh Sigurdson did a great job highlighting this unofficial partnership between Soros and Schiff.
And, this makes us wonder, why is Peter Schiff on mainstream media so regularly? Usually, to be a regular you have to be an insider. I’ve been on CNBC and Fox Business, but just a few times until they realized they couldn’t make bitcoin look bad by interviewing me.
Certainly, at this point, given his mainstream media access, his dealings with George Soros and his neverending attacks on bitcoin, he has to be considered a possible globalist insider.
If so, it is sad. Peter Schiff’s father was essentially a valiant anarchist who was one of the most famous tax protesters in US history.
When Irwin Schiff passed away in 2015 we wrote a glowing acknowledgement of his service, “Freedom Fighter Irwin Schiff Passes Away In US Prison.”
Meanwhile, Erwin’s son, Peter, is a statist, does not openly fight the government and the tax system, works with globalists like Soros and bashes cryptocurrencies which offer some of the best hope for destroying governments and central banks.
It really makes you wonder about Peter.
Certainly, when it comes to bitcoin he is either completely and willfully ignorant about it or he is a globalist shill attempting to do anything he can to ensure people don’t wake up to the power of bitcoin to bring the power of money and banking back to the individual.
Sadly, Peter has been warning his followers against owning bitcoin for years.
The earliest mention we could find was on his radio show on June 20th, 2011, when bitcoin was trading at $17.36.
He was skeptical of it then and still remains highly skeptical.
But, if he had advised his followers to speculate in just $1,000 of bitcoin back then they’d have gained over 10,000%, and it’d be worth over $160,000 today. Meanwhile, many of them continued to hold gold which was trading at $1,600/ounce in June of 2011 and is currently trading at $1,250 for a loss of 21%.
And he continues to warn people from owning bitcoin even as it skyrocketed more than $1,000 in the last four days!
And not so much of even an admission of being wrong? No apology for the billions of dollars his followers and clients have either lost or missed out on from his “advice”?
We’ve been recommending bitcoin since $3 in 2011, for a nearly 100,000% gain to date and mainstream media avoids mentioning us like the plague while having Peter on regularly to bash bitcoin.
I wonder why?
If you still don’t understand cryptocurrencies, don’t worry… and this includes you too, Peter. I’ve created a free four video webinar (click here to get immediate access) to explain why cryptocurrencies are a paradigm shift in money and banking. And if you accept our offer at the end I’ll even send you your first $50 in bitcoin directly from my personal bitcoin wallet.
I know you don’t need the $50 Peter, but really, you should look into bitcoin. It’s not going to feel good being the only one who doesn’t understand it when it breaks through $10,000.
Hey, @JeffBerwick we just became Platinum Subscribers to your Membership at @dollarvigilante we have been following your work for quite some time. It would be great if you could start following us @ADSactly and on Twitter http://twitter.com/@ADSactlyCrypto
We have many of the same beliefs and ideas to bring more Free Market System and Platforms to the World.
By the way, this was great and thought-out post as always. We never really trusted Peter Schiff. We have a feeling he comes from the family of Jacob Schiff!
We think he jealous of ALL us Early Bitcoin Adopters and is a little butt hurt over the whole situation with the Precious Metals VS BITCOIN Scenario that is being played out as we speak.
We think he is also a Schill!
" We have a feeling he comes from the family of Jacob Schiff!"
Ha! I posted the same thing before I read your comment. I'm sure he is. It's classic fake opposition.
woow
My poem for to Bitcoin... enjoy Steemians :)
https://steemit.com/bitcoin/@arthur-schopen/30-bitcoin-i-penned-a-poem-for-you-it-s-my-first-poem-ever-so-be-gentle-haha
bạn ngĩ sao sao về btc tuần tới?
I agree with what you said but I also think that he isn't really into bitcoin being untraceable.
Schiff is not to be trusted. Check out the story on Schiff with Goldmoney. First Schiff wrote a series of articles lambasting Goldmoney which competed with one of his previous products. He made up a bunch of BS stories about Goldmoney almost to the point of libel. Then after Goldmoney cut him a deal as a partner, Schiff has nothing but great things to say about Goldmoney. He's a total opportunist that will do anything for a buck including defamation of his competitors and working closely with Soros and his ilk.
Yes.....we, we, we....little piggy.....we, we, we. I think that YOU should take some responsibility for your post. Just because you have followers (i.e., people interested in what you are saying) does not mean "we" agree with "us". Insert Orwellian reference.
When we say "WE" we are not referring to our Followers here on Steemit. We are talking about the whole ADSactly Community.
wow
20170604_161422.jpg
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Precious Metals up by 2% for gold and 3% for silver. But bitcoin is up for 40% this week and some alts like Stratis and NXT are up by 120% and 90% respectively:
https://steemit.com/main/@az-charts/recap-what-happened-this-week-in-the-markets-steem-price-bitcoin-price-analysis-in-all-markets
He could just be one of many in that generation who thinks that anyone or anything that challenges their concept of what is real is a great affront to their whole sense of self.
20170604_161422.jpg
https://steemit.com/@shahzadm
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follow me ill follow u
I have openly criticized him on his posts for some time for all his hatred of bitcoin and cryptocurrency.
That being said, he accepted and confirmed he will be speaking at the Nexus Conference this September in Aspen Colorado, which is about cryptocurrency technology.
(www.nexusearth.com/conference.html)
So did the @dollarvigilante.
I would think a debate between you and Schiff, whether on stage, or in the sidelines, would make for some excellent video to say the least.
See you there!
Well, that's going to be awkward. :P
For him :-)
I like most of what he has to say except when it comes to Bitcoin.
His father book "Kingdom of Moltz" was the book that taught me economics and inflation in early nineties as a young man.
I just think he needs to admit he is wrong.
He disagrees and thinks bitcoin doesn't have a future. I don't agree with him but he just thinks it won't stand the test of time. So now we attack people who don't agree with me S and n one technology not making it even though he has our principles? This is BS and Jeff is gonna loose a lot of followers. And he should
@parmjit
Great book, funny that the apple fell far from the tree.
@parmjit
For him! :)
@parmjit
Don't get Kiyosaki'd...........LUCY SITz !!!
I think healthy debate is good for the soul.
Always!
debate debate debate! :)
@parmjit
@parmjit
Would love to see this debate at the Nexus Conference :) It will be good either way with both Jeff and Peter being there. Can't wait.
It is going to be exciting. Goldbugs and Crypto-bugs (I am both) have a lot more in common than many realize and I think its time to bury the hatchet.
Maybe if Jeff didn't attack him like this that could happen. If I was Peter I would not give Jeff the time of day. Do an article debating Peter not believing bitcoin will last. Not one calling him a a fucking shill for the globalists. Jeff showed his real self tonight. Clearly ly he doesn't believe in people having freedom of disagreeing
That is the beauty of it. Both will have the opportunity on stage (not debating but giving speeches) to speak their mind and share their ideas. This is perfect because it allows those ideas to be spread and the arguments they lay out will sway minds one way or another.
I for one like them both. I just disagree with Schiff and wish he would spend his time like he used to, shilling against the dollar :-)
I still think a gentlemen debate would be pretty awesome.
I think Peter is just a man set in his ways, but for him to partner with Soros...I've done business with people I didn't like questionable people in emergencies, but to partner with such a one strikes me as a degree of compromise of character. I don't know, and will probably give Peter the benefit of the doubt until I see worse.
Will be great to see both chatting and giving their arguments. It is something that MUST happen! Look forward for that conference!!
nah
Schiff is a muppet,I used to watch his youtube videos and now he making more stupid comments on bitcoin.
I agree
@keithsmih - please get it on video! I've been a Peter Schiff fan in the past - I'm wondering, when is there going to be a cryptocurrency that IS physically gold backed? HOW AWESOME WOULD THAT BE?
Real shills are people who never mention zionism.
There is a big ? mark regarding the actions of Bob Wood history regarding the original Global Currency Reserve
(GCR on bittrex) crypto he launched a few years ago, which sheds a bad light on Nexus coins in the minds of some. If it's the same Nexus coins you're speaking of with this Nexus Conference then there's a lot of disgruntled folks for the GCR past not interested.
it's good for me & other
@parmjit
follow me @parmjit
Its True!!
So true.
Great post Jeff!
I think so
Citizen of the world Jeff Berwick
The kettle calling the pot black:
Dollar Vigilante describes himself as:
Source: https://dollarvigilante.com/who-is-tdv
That's right, so aren't you a Globalist Jeff, according to your own biography?
So, umm kinda awkward hearing a globalist who pushes flat earth, shemitah, and a bunch of other scam artist bullshit trying to call out anyone.
Who cares about Zionist Peter Schiff? He is obviously a puppet, that should have been clear to everyone a long time ago. I will note that you don't mention the Z word regarding Schiff anywhere in this which just goes to show your continued limited hangout approach to information.
Jeff, just go sit on your millions of dollars on some island somewhere and get the f out of the "truth community" you are doing more harm than good at this point. You call yourself a "sailor" but can't figure out ships sail over the Horizon, you advocate for people not to attend college (stay dumbed down), and spread bs clickbait. Just stop.
I take the bad with the good. I think @dollarvigilante is correct when it comes to cryptos (at least historically) but a nut when it comes to LOTS of other things. I still appreciate him...kinda like appreciating crazy aunt Sally...she's nutty, but we still love her.
It's exactly what it is. The only difference between Jeff Berwick and Peter Schiff as far as opinions about teh financial markets is that Jeff Berwick considers bitcoin (and other cryptos) as a good alternative to owning dollars. I don't think there is anyone more anti-dollar than Peter Schiff though. It's his main investment theme >>> Sell dollars...buy gold and silver. With the dollar getting ready to begin what is likely going to be a strong rally as the stock market bubble collapses, it'll be interesting to see what Jeff Berwick is saying 1 year from now if bitcoin does not turn ou to be the "safe haven" he thinks it is. Will Jeff Berwick become the Peter Schiff of the crypto apocalypse? Going to be fun to watch. Schiff has not yet been humbled. I doubt it is even possible to humble this narcissist that is Jeff Berwick.
Peter Schiff is my favorite economist. I've sent Stockholm his writings and excoriated them for awarding krugman and not Schiff. He is eloquent, brilliant, Libertarian in politics and economics. His podcasts are fantastic. Check out ep 265 on yt, it is exceptional, one for the ages, and he can do those in his sleep. I almost cried when he lost to the WWF in Connecticut. All that being said, he's wrong on crypto. Still love him though....
His analysis is correct, is outlook is dated and rigid. There is no real hold in your hand value with crypto-but there is long term value and purchasing power available instantly (just about). Paradigm shifts are tricky. Doesn't make him bad, just in need of some gentle persuading. Send him some Doge already.
@parmjit
Ya, as I said, I like most of his work... he's in LaLa land on crypto though!
why because he doesnt agree with you? We cant discount everything he said he is a very smart and experienced guy with a lot of success behind him.
What I would say about Peter Schiff, he is a humble and friendly guy as well.
@parmjit
@parmjit
nice post
I am a true believer in gold and silver, but also like Crypto and the huge potential at a whole.
Nothing wrong to own both with the proper allocation to be decided individually.
Anyway, most of us can confirm the 7 Trill.$ gold market is rigged aka paper gold.
Aren't you guys afraid the same destiny will apply to Bitcoin & co?
I believe in a more diversified portfolio which include both precious metals and cryptos
I think bitcoin is precious then any other metal and it going to pe precious more cryptos are the future
Yes bitcoin is much better in transactions than gold. But gold has been around very long, so it's hard for some people to accept bitcoin. I have tried to explain bitcoin to friends and family, they just can't understand. But most understand gold, well that's better than holding dollar
relax it just beginning so most of people dont know about it but after it get late grab as much bitcoin as possiblee :)