{"id":16758,"date":"2025-03-07T19:31:34","date_gmt":"2025-03-07T19:31:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16758"},"modified":"2025-03-07T19:31:34","modified_gmt":"2025-03-07T19:31:34","slug":"peter-schiff-blasts-government-crypto-investments-as-waste-of-resources","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16758","title":{"rendered":"Peter Schiff Blasts Government Crypto Investments As &#8216;Waste of Resources&#8217;"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) critic <strong><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44149837\/peter-schiff-anthony-scaramucci-question-trumps-crypto-reserve-announcements-who-authored-\">Peter Schiff<\/a><\/strong> has slammed government investments in cryptocurrency, arguing that any country holding digital assets is a &#8220;loser.&#8221;<\/p>\n<p><strong>What Happened:<\/strong> In an X <a href=\"https:\/\/x.com\/PeterSchiff\/status\/1897995603293941828\">post<\/a> on Friday, Schiff claimed that allocating public funds to crypto diverts capital from real wealth creation. <\/p>\n<p>He stated, &#8220;The worst thing any government can do is encourage or subsidize this waste of resources.&#8221; <\/p>\n<p>He questioned why people would opt for crypto backed by fiat when tokenized gold is available.<\/p>\n<p>His remarks sparked heated debate, with one trader sarcastically suggesting he launch a &#8220;Schiff Coin.&#8221; <\/p>\n<p>Schiff responded that it would &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44201364\/peter-schiff-blasts-government-crypto-investments-as-waste-of-resources\" alt=\"Peter\" schiff blasts government crypto investments as of resources>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) critic Peter Schiff has slammed government investments in cryptocurrency, arguing that any country holding digital assets is a &#8220;loser.&#8221; What Happened: In an X post on Friday, Schiff claimed that allocating public funds to crypto diverts capital from real wealth creation. He stated, &#8220;The worst thing any government can do is encourage [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16758","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16758"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16758\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}