{"id":37892,"date":"2025-07-21T06:31:49","date_gmt":"2025-07-21T06:31:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37892"},"modified":"2025-07-21T06:31:49","modified_gmt":"2025-07-21T06:31:49","slug":"peter-schiff-says-uks-plan-to-sell-6-7-billion-in-seized-bitcoin-could-help-budget-warns-us-against-buying-it-for-strategic-reserve","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37892","title":{"rendered":"Peter Schiff Says UK&#8217;s Plan to Sell $6.7 Billion In Seized Bitcoin Could Help Budget \u2014 Warns US Against Buying It For Strategic Reserve"},"content":{"rendered":"<div>\n<p>Economist <strong>Peter Schiff<\/strong> on Sunday called the UK\u2019s purported plan to sell almost $6.70 billion in stolen <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) a \u201cright\u201d approach to address their budget deficit.<\/p>\n<p><strong>What Happened<\/strong>: Schiff took to X to comment on The Telegraph\u2019s report that UK Chancellor <strong>Rachel Reeves<\/strong> is considering selling the BTC stash recovered by police to help close a fiscal gap.<\/p>\n<p>\u201cFor once, the Brits might actually get something right,\u201d the Bitcoin skeptic said. <\/p>\n<p>Schiff used the opportunity to poke fun at Bitcoin advocate <strong>Michael Saylor<\/strong>, suggesting that his firm, <strong>Strategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), might become the buyer. <\/p>\n<p>\u201cI hope the U.S. doesn&#8217;t buy it for the Strategic Reserve,\u201d he added.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The UK &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/25\/07\/46512096\/peter-schiff-says-uks-plan-to-sell-6-7-billion-in-seized-bitcoin-could-help-budget-warns-us-against-buying\" alt=\"Peter\" schiff says uk plan to sell billion in seized bitcoin could help budget warns us against buying it for strategic reserve>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economist Peter Schiff on Sunday called the UK\u2019s purported plan to sell almost $6.70 billion in stolen Bitcoin (CRYPTO: BTC) a \u201cright\u201d approach to address their budget deficit. What Happened: Schiff took to X to comment on The Telegraph\u2019s report that UK Chancellor Rachel Reeves is considering selling the BTC stash recovered by police to [&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-37892","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\/37892","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=37892"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37892\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}