Odaily Planet Daily News Economist and gold advocate Peter Schiff once again clearly expressed his opposition to strategic Bitcoin reserves and proposed alternatives that the United States could adopt. Schiff posted on X that by creating 'USA Coin' instead of strategic Bitcoin reserves, the U.S. could save a significant amount of money. Like Bitcoin, the supply cap of USA Coin is 21 million. He added that this coin should operate on an upgraded blockchain to make it truly usable for payments. Schiff is a Bitcoin skeptic and has repeatedly stated that he opposes the idea of strategic Bitcoin reserves. Previously, Peter Schiff stated that one good thing Biden could do before leaving office as U.S. President would be to sell all the Bitcoin currently held by the U.S. government; the funds raised could not only reduce the budget deficit for 2024 but also put an end to all the nonsense about 'strategic Bitcoin reserves.' He added, 'Biden could sell everything before Trump takes office, so Trump wouldn't have to go back on his campaign promises.'