Bitcoin's recent surge past $100,000 has reignited debates among its critics. Long-time skeptic Peter Schiff remains unconvinced, warning that Bitcoin could destabilize the US dollar. Economist Paul Krugman continues to label crypto as a tool for crime, despite Bitcoin's historic rise. Meanwhile, ECB officials argue Bitcoin hasn't fulfilled its promise as a global currency. JPMorgan's Jamie Dimon dismisses Bitcoin as a "pet rock," maintaining his critical stance. Lastly, Rafi Farber critiques Bitcoin's role in perpetuating US inflation, though he remains open to changing his view if Bitcoin proves resilient in a financial crisis.
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