Peter Schiff once called Bitcoin a ‘pure ponzi’ now wishes he bought some.
Gold proponent Peter Schiff, a known Bitcoin critic, now says he wished he had bought Bitcoin (BTC) in 2010 when a work colleague first introduced the cryptocurrency to him.
Speaking in a March 13 interview on Impact Theory with Real Vision co-founder and CEO Raoul Pal, Schiff hinted he missed the early boat on Bitcoin.
“Do I wish I had made the decision to have thrown $10,000, $50,000, $100,000 into it? Sure,” said Schiff, adding:
“I may be worth hundreds of millions assuming I didn’t sell but again I don’t know what I would have done had I made that decision.”
The interview involved a debate from Pal and Schiff over whether Bitcoin is on a trajectory toward $0 or $1 million.
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