PETER SCHIFF SLAMS RFK JR'S BITCOIN BUY PLAN AS "VOTE-BUYING" STRATEGY‼️‼️‼️‼️
Peter Schiff, a well-known Bitcoin critic, has slammed Robert F. Kennedy Jr.'s plan to buy Bitcoin as a "vote-buying" strategy. Kennedy's plan, announced at the Bitcoin Conference 2024, aims to make the US a dominant player in the Bitcoin market by accumulating a reserve of at least 4 million BTC. Schiff calls this a waste of taxpayer money and argues that Bitcoin has no strategic value as a reserve asset. He also criticizes Kennedy's proposal to exempt Bitcoin gains from income tax, calling it a ploy to win votes from Bitcoin fans. Schiff prefers a return to the gold standard, calling Bitcoin a "pyramid scheme" orchestrated by early investors.
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