BitcoinBubble

Peter Schiff sounds the alarm again: is Bitcoin a new bubble? 💣💎

Famous cryptocurrency critic Peter Schiff compared Bitcoin to the dot-com bubble of the 2000s, stating that the market cap of BTC at $2 trillion has already surpassed the peak of internet companies at $1.7 trillion. In his opinion, this could herald a massive crash in the crypto market. 📉💥

But the crypto community disagreed:
1️⃣ Bitcoin is "digital gold", a unique asset with no competitors. 💰
2️⃣ On December 16, BTC reached a record: one coin = 40 ounces of gold. 🚀

The biggest risk?
MicroStrategy and its $46.8 billion in BTC. Michael Saylor's company is making a big bet on Bitcoin, and if Schiff is right, the consequences could be massive. 🤔

Reality: Institutional investments and the current market dynamics suggest otherwise. So far, BTC continues to hold its ground, while Schiff remains in the role of the "voice of alarm". 🔔

Who is right? Time will tell. What do you think? 💬👇

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