Peter Schiff proposed to create a crypto asset USAcoin instead of a strategic Bitcoin reserve in the USA
Peter Schiff, founder of Euro Pacific Capital, proposed to create a crypto asset USAcoin instead of a strategic Bitcoin reserve in the USA. This proposal was made in response to the criticism of digital gold.
USAcoin will have a limited supply of 21 million coins and an updated blockchain that is truly suitable for payments.
"This way, we can all get rich," said Peter Schiff, who is a staunch critic of digital gold.
Additionally, Schiff created an image with Elon Musk and Donald Trump against the backdrop of Bitcoin using Grok. He noted that ChatGPT was unable to create a similar image due to "content restrictions."
"This is what the token might look like. HODL to the Moon, America!" wrote Peter Schiff.