{"id":4439,"date":"2024-12-18T20:16:37","date_gmt":"2024-12-18T20:16:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4439"},"modified":"2024-12-18T20:16:37","modified_gmt":"2024-12-18T20:16:37","slug":"bitcoin-is-no-manhattan-real-estate-peter-schiff-challenges-microstrategys-michael-saylor-btc-doesnt-generate-any-income-corrected","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4439","title":{"rendered":"Bitcoin Is No Manhattan Real Estate, Peter Schiff Challenges MicroStrategy&#8217;s Michael Saylor: &#8216;BTC Doesn&#8217;t Generate Any Income&#8217; (CORRECTED)"},"content":{"rendered":"<div>\n<p><em>Editor&#8217;s Note: The spelling of Michael Saylor\u2019s name has been corrected in the headline.<\/em><\/p>\n<p>Financial market commentator\u00a0<strong>Peter Schiff<\/strong>\u00a0on Tuesday criticized <strong>Michael Saylor\u2019s <\/strong>comparison of <strong>MicroStrategy Inc.<\/strong>\u2018s (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) debt-financed <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) buying strategy to Manhattan real estate.<\/p>\n<p><strong>What Happened<\/strong>: In an X post, Schiff disagreed with Saylor\u2019s analogy. \u201cReal estate generates rents, which can be used to service and repay debt. Bitcoin doesn\u2019t generate any income to make interest or principal payments,\u201d he argued.<\/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\">It&#8217;s wrong for <a href=\"https:\/\/twitter.com\/saylor?ref_src=twsrc%5Etfw\">@saylor<\/a> to compare his leveraged buying of <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> to investors borrowing money to purchase Manhattan real estate. Real estate generates rents, which can be used to service and repay debt. Bitcoin doesn&#8217;t generate any income to make interest or principal payments.<\/p>\n<p>\u2014 Peter Schiff (@PeterSchiff) <a href=\"https:\/\/twitter.com\/PeterSchiff\/status\/1869116244714262623?ref_src=twsrc%5Etfw\">December 17, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p><strong>Spencer &#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42545656\/bitcoin-is-no-manhattan-real-estate-peter-schiff-challenges-microstrategys-micheal-saylor-\" alt=\"Bitcoin\" is no manhattan real estate peter schiff challenges microstrategy michael saylor: doesn generate any income>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Editor&#8217;s Note: The spelling of Michael Saylor\u2019s name has been corrected in the headline. Financial market commentator\u00a0Peter Schiff\u00a0on Tuesday criticized Michael Saylor\u2019s comparison of MicroStrategy Inc.\u2018s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to Manhattan real estate. What Happened: In an X post, Schiff disagreed with Saylor\u2019s analogy. \u201cReal estate generates rents, which can be [&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-4439","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\/4439","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=4439"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4439\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}