Opinion vs Adoption in Crypto Markets
Economist Peter Schiff again criticized the rise of Bitcoin, saying investor psychology especially greed and FOMO plays a bigger role than fundamentals.
Supporters argue Bitcoin’s scarcity and decentralization justify demand, while critics see sentiment as the main driver. The discussion reflects a broader truth in financial markets: perception often moves prices before consensus forms.
In crypto, technology matters but market psychology matters just as much.
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