2021: A Year of Peak Speculation – Ep 764
The Peter Schiff Show Podcast
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Bitcoin Is a Speculative Asset, Not a Stock Market
Despite an unprecedented add spend, the price of that trust has been continuously falling. The people who are betting on the stock market bubble are getting paid a lot more than the people who're betting on the bitcoin bubble. If you bought your bitcoin in february or march or april, you're losing. You had to already own it to have that 60 % gain. In fact, most of those people have losses. Despite all the positive press and all the advertising to get it to rise, it's not going anywhere.
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