Peter Schiff Establishes Personal ‘Strategic Bitcoin Reserve,’ Vows Not To Sell: ‘Going Down With The Ship So Others Never Get On Board’
Posted On March 10, 2025
In an effort to mock President Donald Trump’s declaration, renowned economist Peter Schiff declared his own Strategic Bitcoin (CRYPTO: BTC) Reserve on Friday, promising not to sell any of it.
What Happened: Schiff took to X to explain the structure of the reserve.
“Just like the U.S. government, I’m developing a budget-neutral strategy for acquiring my Bitcoin at no incremental cost,” Schiff said, taunting the Trump administration’s plan for acquiring more BTC.
Schiff also posted the address of the so-called reserve and invited contributions from his followers.
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