@2147mill There is so much wrong with this, I don't know where to begin. Is the (invested) £300k being borrowed? What shithole can you rent for £1,000pcm? Are you paying an increasing rent until you die?
@BowesChay Awful and incredibly saddening. But after countless stabbings in London, why does this attack compel the politicians to publicly condemn, and force every UK news channel to heavily report it as antisemitic terrorist attack?
@rawespresso This is what the lenders want, and encourage. Even more people (sheeple) adopt the term 'cost of living crisis' without questioning why their money's being debased.
Peter Schiff spent 40 years screaming that fiat is a scam.
He was right.
Peter built an entire empire warning people about monetary debasement, inflation, and central bank tyranny.
Great work! I started stacking metals in 2011.
Then Bitcoin arrived, the solution all sound-money enthusiasts had been waiting for.
Hard-capped. Self-custodied. Unseizable.
No government control.
No custodian.
Everything Peter claimed to want in a monetary asset, delivered by math instead of human decree.
And he attacked it.
Not because Bitcoin was wrong.
Not because the thesis failed.
I can only imagine it’s because he sells gold. That’s it.
The man built a cathedral to sound money and then locked the doors when the congregation showed up.
I’m sure Peter is doing well, and that’s good. I wish him and his family well. He has done a lot of great work, but I can’t help thinking there is something missing in his story.
Peter could have been a Michael Saylor–type figure. He could have built a Bitcoin bank. He could have been the bridge between the gold bugs and the protocol.
Instead, he chose to die on a hill made of a metal that failed precisely because it requires the custodians he spent his whole career warning you about.
This is Kodak holding a digital camera in 1995 and saying, “Yeah, but film is real. Digital images are imaginary.”
This is Blockbuster watching Netflix ship DVDs and laughing from behind a late-fee counter.
Except worse.
Because Peter knew.
He had the framework.
He had the audience.
He had the mission.
He was well equipped to see bitcoin well before most.
Decades of fighting fiat. The weapon finally arrives. And the man ignores the best solution sitting right in front of him for 17 years.
Tick tock, Peter.