Peter Schiff, the CEO of Euro Pacific Capital, a well-known gold advocate and Bitcoin skeptic, recently took to social media to express his opinion that the US government should sell its 69,370 Bitcoins seized from the dark web marketplace Silk Road to MicroStrategy, a business intelligence company founded by Michael Saylor. "The US government looks poised to dump its 69,370 Bitcoins ($4.3 billion) seized from the dark web marketplace Silk Road," Schiff wrote. "Personally, I think Michael Saylor, founder of MicroStrategy, should buy them." Schiff's suggestion is likely based on his belief that Bitcoin is a good investment. MicroStrategy has been a vocal proponent of Bitcoin, and has purchased over 100,000 BTC to date. It is unclear if MicroStrategy would be interested in purchasing the Silk Road Bitcoins. However, if the company did decide to buy them, it would be a significant sign of confidence in Bitcoin.
Peter Schiff Wants MicroStrategy to Buy Silk Road’s Bitcoin
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