A growing wave of corporate bitcoin accumulation is triggering concern among critics who argue the trend is fueling unsustainable speculation and eroding the asset’s decentralized ethos. Economist and gold advocate Peter Schiff stated on social media platform X on July 14 that the current bitcoin rally is driven not by grassroots adoption, but by large firms stockpiling bitcoin to spark future demand. He opined:
Bitcoin demand has shifted to bitcoin treasury companies and speculators looking to front-run that buying.
The economist warned: “This is a Ponzi built on a pyramid. It’s not about broadening bitcoin adoption — it’s about wild centralized speculation that undermines bitcoin’s foundational principles.” His concerns were reinforced by economist Steve Hanke, who wrote: “Companies swapping productive investments for bitcoin ‘treasuries’ are playing roulette. Bitcoin and ethereum treasuries have no business model because BTC has no fundamental value.”
https://news.bitcoin.com/peter-schiff-warns-bitcoin-treasury-strategy-is-a-time-bomb-of-speculation/
JULIAN " the most dangerous facilitator of totalitarianism we have ever seen. The internet is a threat to human civilization " ASSANGE 2012
JULIAN "of course Russia understands this game and Putin understands this game for a long time now" ASSANGE 2013
"The Internet first appeared as a special CIA project, and this is how it's developing," - Russian KGB agent. Vladimir Putin
"[Bitcoins] are backed by nothing. This money [is backed by nothing], that's the point, this is the major problem. They are not really linked to anything and backed by nothing", Putin has said
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