{"id":4612,"date":"2024-12-23T03:01:31","date_gmt":"2024-12-23T03:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4612"},"modified":"2024-12-23T03:01:31","modified_gmt":"2024-12-23T03:01:31","slug":"peter-schiffs-sarcastic-post-spurs-birth-of-supposed-bitcoin-alternative-usacoin-with-millions-in-marketcap-economist-warns-dont-buy-it","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4612","title":{"rendered":"Peter Schiff&#8217;s &#8216;Sarcastic&#8217; Post Spurs Birth Of Supposed Bitcoin Alternative USAcoin With Millions In Marketcap, Economist Warns &#8216;Don&#8217;t Buy It&#8217;"},"content":{"rendered":"<div>\n<p>A cheeky remark by influential economist <strong>Peter Schiff<\/strong> spawned a new cryptocurrency on Sunday that already has millions added to its capitalization.<\/p>\n<p><strong>What happened<\/strong>: The creators of the cryptocurrency <strong>USAcoin<\/strong> (USACOIN) were inspired by Schiff, who advised the U.S. government to consider the possibility of a strategic USAcoin reserve rather than a <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) reserve.<\/p>\n<p>As of this writing, the coin has a market valuation of roughly $2.80 million, with over $7 million in trading volume in the last 24 hours, <a href=\"https:\/\/coinmarketcap.com\/currencies\/usacoin-ethereum\/\">according<\/a> to CoinMarketCap.<\/p>\n<p>Reacting to the new coin, Schiff clarified that he doesn\u2019t endorse it. \u201cMy post was sarcastic\u2014don\u2019t buy it,\u201d the staunch Bitcoin critic said. However, he stood by the idea behind proposing such a cryptocurrency.<\/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\">Someone actually created a <a href=\"https:\/\/twitter.com\/hashtag\/USAcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#USAcoin<\/a>. My post was sarcastic\u2014don&#8217;t &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42640011\/peter-schiffs-sarcastic-remark-births-million-dollar-usacoin-meant-to-be-an-bitcoin-alternative\" alt=\"Peter\" schiff post spurs birth of supposed bitcoin alternative usacoin with millions in marketcap economist warns buy it>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A cheeky remark by influential economist Peter Schiff spawned a new cryptocurrency on Sunday that already has millions added to its capitalization. What happened: The creators of the cryptocurrency USAcoin (USACOIN) were inspired by Schiff, who advised the U.S. government to consider the possibility of a strategic USAcoin reserve rather than a Bitcoin (CRYPTO: BTC) [&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-4612","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\/4612","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=4612"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4612\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}