Here’s how much Peter Schiff is up on his lost Bitcoin holdings
Economist Peter Schiff, a well-known Bitcoin (BTC) critic and advocate for gold, has gained popularity for his skepticism regarding the maiden cryptocurrency, asserting that it is destined for a collapse. Amid his public criticism, Schiff once acknowledged owning Bitcoin, but he no longer has access to it. Notably, in an X (formerly Twitter) post on January 19, 2020, Schiff noted that he unfortunately lost access to his last holding of Bitcoin, attributing it to a corrupted wallet. Although he did not disclose the amount of BTC in the inaccessible wallet, Schiff emphasized that ‘owning Bitcoin was a bad idea.’ “I just lost all the Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad!” I just lost all the #Bitcoin I have ever owned. My wallet got corrupte...