{"id":152395,"date":"2025-03-03T12:05:15","date_gmt":"2025-03-03T10:05:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152395"},"modified":"2025-03-03T12:05:15","modified_gmt":"2025-03-03T10:05:15","slug":"peter-schiff-denounces-bitcoin-reserve-calls-out-fraudulent-promotion","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/peter-schiff-denounces-bitcoin-reserve-calls-out-fraudulent-promotion\/","title":{"rendered":"Peter Schiff Denounces Bitcoin Reserve, Calls Out \u2018Fraudulent\u2019 Promotion"},"content":{"rendered":"

Initially appearing to back the idea of a Bitcoin reserve while dismissing XRP<\/a><\/strong>, Schiff has now distanced himself from such claims, accusing Bitcoin advocates of spreading misinformation to inflate its value.<\/p>\n

Schiff criticized<\/a><\/strong> what he described as \u201cBitcoin pumpers,\u201d alleging they manipulate narratives to create artificial demand. His remarks follow reports suggesting he supported a strategic BTC<\/a><\/strong> reserve, which he now refutes, labeling the claims as misinterpretations.<\/p>\n

The confusion began when Schiff responded to Donald Trump\u2019s proposed crypto reserve, which would include Bitcoin, XRP, Solana, and Cardano. While he questioned the rationale for XRP\u2019s inclusion, some interpreted his comments as implicit support for a BTC reserve.<\/p>\n