- Peter Schiff moved his bitcoin strategic reserve to a hardware wallet and invited grants via a public wallet.
- Despite previous skepticism, Schiff Bitcoin embraces and leads the debate on his real intentions.
Peter Schiff, long known for his strong criticism of Bitcoin (BTC)Seems to move his attitude – at least on his 62 birthday.
Instead of the usual birthday presents, Schiff Krypto surprised society by revealing that he now wants Bitcoin in a hardware wallet.
Peter Schiff’s shocking birthday present demand
In a recent X (former Twitter) post, he announced That he successfully transmits his Bitcoin strategic reserve from exchange to a hardware wallet, which signaled an unexpected embrace of the actual asset which he once dismissed.
He said,, he said,
“For transparency I moved my strategic bitcoin reserve from an exchange to a hardware wallet. Today I am my 62th birthday. To build my reserve in a budget-neutral way, just like the US government, instead of gifts, I accept Bitcoin.”
This trait has led to speculation about Schiff’s perspective on bitcoin develops, or if this is just a pragmatic decision in response to market trends.
What’s more?
He also shared his wallet address into an X post and invited grants while making it clear that it is not personal donations.
Instead, he insists that the funds are strict for the reserve, which he has promised to never touch or sell.
Source: Peter Schiff/X.
Beyond bitcoin, Schiff remains faithful to his gold -backed ideology and openly accepts Paxgold and Tether Gold.
Interestingly, his reserve began as a satirical Jab at the US government’s plans for a strategic financial reserve, but it has since taken its own life.
So far, it has collected over $ 4,500, mainly from small contributions.
Despite its history of skepticism, Schiff now encompasses Bitcoin -etos in its own way, even explains, explains,
“My strategy is to go down with the ship, like a real hodler!”
Community Mocks
As expected, the entire crypto community was shaken by this shift of setting used by the user Wabi Wabithat said,
“@Grok I thought this guy hated bitcoin, he now accepts bitcoin donations lmao?”
Addition to the battle was another user Who said,
“Selling gold to buy bitcoin is budget neutral, Peter.”
Mockery continued and summarized appropriately when another X user AddedThe
“Stop begging for BTC Lmaooo. You’ve been Anti BTC all your life and now are you begging about it? Average Gold Maxi.”
Schiff’s contradictory view of bitcoin
Schiff’s developing attitude on Bitcoin comes at a time when market dynamics are switching rapidly.
His latest claim That China loosens $ 100,000 BTC in January in line with its ongoing skepticism about the stability of the crypto market.
In addition, his criticism of the close ties between the crypto industry and the US administration – along with the Trump family’s involvement in digital assets – makes his latest embrace of a Bitcoin reserve all the more unexpected.
BTC price action
At the same time, Bitcoin himself shows renewed strength and deals to $ 86 952.51 after an increase of 3.91% over the past 24 hours Coinmarketcap.
This marks a significant recovery, especially considering BTC’s long -lasting struggle to break past the $ 85K resistance level.
Whether Schiff’s reserve is a real change in faith or just another strategic game remains to be seen, but it really adds another layer of intrigue to Bitcoin’s ongoing story.
