For years now the well known economist and gold bug Peter Schiff has continuously spoken out against bitcoin, as he claims precious metals are far superior.
During the last year, Bitcoin.com News has reported on Peter Schiff on numerous occasions and one time our newsdesk did a report on his father Irwin Schiff.
In other instances this year, our newsdesk also covered Peter’s son as well.
A few days prior, Peter Schiff tweeted about his other favorite precious metal, silver, while also sharing an article about the subject.
When his father shared an article that talked about the beginning or the end of the so-called bitcoin bear market, Spencer replied without reading the article.
“If Michael Saylor is correct that the higher the bitcoin price rises the less risky it is to buy, then it must also be true that the lower the bitcoin price falls the riskier it is to own.
Peter Schiff and his son Spencer seem to have a solid and fun-loving relationship, and everything said is mostly an attack against BTC or gold.
Bitcoiners have formed an alliance with Spencer Schiff to a degree, as they know he is quick to respond to one of his father’s anti-bitcoin tweets.
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