Bitcoin skeptic and gold advocate Peter Schiff revealed that his son Spencer transferred 100% of his investment portfolio to the first cryptocurrency

“If my own son is this brainwashed imagine how vulnerable most kids are. He's HODLing to infinity or bust, "wrote Schiff.
According to the bitcoin skeptic, his son purchased digital gold during the recent price drop below $ 50,000. For this, Spencer Schiff sold the remaining silver, his father said. In March 2020, Peter spoke unflatteringly about the intelligence of cryptocurrency investors. In October, Schiff called Bitcoin the largest bubble in history. According to him, asset holders are more confident in their righteousness than investors during the dot-com and mortgage crisis. In December, an implacable Bitcoin skeptic criticized the head of MicroStrategy Michael Saylor for publicly announcing plans to buy the first cryptocurrency for $ 650 million raised by the company.In January 2021, cryptocurrency enthusiasts told Schiff about the true purpose of gold. Later, Tesla and SpaceX founder Elon Musk explained to the precious metal supporter what real money is. Recall that in March, Schiff said that investors were stupid enough to buy bitcoin. He also congratulated those who managed to acquire the first cryptocurrency before take off and made Wall Street succumb to "this mania."