Bitcoin Critic Investor Peter Schiff’s Warning About Halving: It Will Be Halved!

Famous economist Peter Schiff, also known as the “Gold Bug”, issued a warning after the Bitcoin halving. Peter Schiff angered investors with his comments after the Bitcoin halving announcement on April 20th. In his statement, the economist targeted Bitcoin investors, asking “Are you celebrating with a party tonight?” He warned that the halving will soon cause investors’ net assets to be halved: “Congratulations to Bitcoiners for the halving. Are you celebrating with parties tonight? I was not invited to any of them. I think halving is an appropriate name for what is about to happen, as Bitcoin investors will soon experience their net worth being halved.” Frequently making anti-Bitcoin statements, the economist recently suggested that potential sales from institutional investors could lead to a decline in Bitcoin prices.