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CNBC is Criticed by Peter Schiff for Bitcoin Airtime

Sofia Cabrera

Summary: In a tweet from August 5, 2019, Peter Schiff, CEO of Euro Pacific Capital, chairmen of SchiffGold and host of the Peter Schiff Show, publicized his criticism on the amount of airtime given to Bitcoin given by news outlet, CNBC. His tweet reads, "CNBC is trying its best to dupe its audience into buying Bitcoin. Despite ...

In a tweet from August 5, 2019, Peter Schiff, CEO of Euro Pacific Capital, chairmen of SchiffGold and host of the Peter Schiff Show, publicized his criticism on the amount of airtime given to Bitcoin given by news outlet, CNBC. His tweet reads, "CNBC is trying its best to dupe its audience into buying Bitcoin. Despite gold being a much larger market, CNBC devotes far more airtime to Bitcoin.  The Chinese aren't buying Bitcoin as a safe haven. Speculators are buying, betting that the Chinese will buy it as a safe haven!"

Author: Sofia Cabrera

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