{"id":3947,"date":"2024-12-09T15:33:58","date_gmt":"2024-12-09T15:33:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3947"},"modified":"2024-12-09T15:33:58","modified_gmt":"2024-12-09T15:33:58","slug":"peter-schiff-bitcoin-is-a-threat-to-the-us-and-public-enemy-number-one","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3947","title":{"rendered":"Peter Schiff: Bitcoin Is A Threat To The US And &#8216;Public Enemy Number One&#8217;"},"content":{"rendered":"<div>\n<p>Renowned Bitcoin critic  <strong>Peter Schiff<\/strong> has labelled <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) as a greater <a href=\"https:\/\/www.benzinga.com\/general\/education\/24\/12\/42345466\/if-you-invested-1000-in-bitcoin-when-peter-schiff-said-btc-would-never-hit-100k-heres-how-much-youd-have-now\">threat to the U.S. than to gold.<\/a><\/p>\n<p><strong>What Happened: <\/strong>In a post on social media platform <strong>X <\/strong>on Sunday, Schiff <a href=\"https:\/\/x.com\/peterschiff\/status\/1865791695322771862?s=46\">criticized<\/a> the possible use of public funds to buy Bitcoin.<\/p>\n<p>While acknowledging private investments as personal choices, Schiff argued that government purchases of Bitcoin misallocate resources, harming productive sectors. He sees Bitcoin as a greater concern for the U.S. than a competitor to gold.<\/p>\n<p>&#8220;The threat is that the government squanders the public\u2019s money buying it,&#8221; Schiff wrote, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42392610\/peter-schiff-bitcoin-is-a-threat-to-the-us-and-public-enemy-number-one\" alt=\"Peter\" schiff: bitcoin is a threat to the us and enemy number one>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned Bitcoin critic Peter Schiff has labelled Bitcoin (CRYPTO: BTC) as a greater threat to the U.S. than to gold. What Happened: In a post on social media platform X on Sunday, Schiff criticized the possible use of public funds to buy Bitcoin. While acknowledging private investments as personal choices, Schiff argued that government purchases [&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-3947","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\/3947","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=3947"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3947\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}