Peter Schiff labels Donald Trump’s Strategic Bitcoin Reserve a “scam,” arguing it misleads American investors into risky cryptocurrency investments. He highlights the severe decline in the $TRUMP coin’s value as evidence of the pitfalls of speculative investing.
Schiff warns that Trump’s pro-crypto stance may lead to substantial financial losses in the crypto market. He emphasizes that many unaware investors are likely to suffer due to Trump’s influence and the inherent risks of such speculative projects.
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