Renowned Bitcoin (CRYPTO: BTC) skeptic Peter Schiff has weighed in on Donald Trump’s announcement regarding a potential crypto strategic reserve, voicing concerns over government involvement in the market.
What Happened: Schiff retweeted an X post from Feb. 26, where he stated that the “only thing that can delay a Bitcoin meltdown is Trump.”
He had suggested that strong government support—such as a strategic Bitcoin reserve funded by large purchases—could temporarily push prices higher.
Referencing the announcement of a crypto reserve, Schiff referred to his earlier take, saying that “without Trump forcing U.S. taxpayers to buy …
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