Peter Schiff Mocks Bitcoin Again, Netizens Quote His 'Bitcoin Will Never Reach $100,000' Statement in Retaliation

BlockBeats News, November 14th, prominent Bitcoin skeptic Peter Schiff posted on social media pretending to support Bitcoin, and suggested that the US Social Security Trust Fund's holdings of $2.7 trillion should be replaced with a Bitcoin reserve. He then commented, "Among the more than 5,000 people who liked this post, how many did so because they genuinely liked the idea, and how many did so because they appreciated the irony and had a good laugh."

In response to this statement, netizens cited Peter Schiff's previous statement that "Bitcoin can never reach $100,000" to counter, to which Peter Schiff replied, "Yes, that prediction may have been wrong."