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VOICE ARCHIVE

Peter Schiff

@peterschiff
24 posts
2026-01-01
$DJT is up 6% today on news that the company will distribute digital tokens to shareholders. Unlike dividends paid from real earnings, DJT can keep losing money while creating worthless tokens out of thin air to distribute instead. Hype over reality sums up the Trump economy too.
2026-01-01 View on X
Bloomberg

Trump Media, owner of Truth Social, plans to distribute a new token to shareholders with partner Crypto.com, expected to operate on the Cronos blockchain

Emily Nicolle / Bloomberg :

2025-10-24
@cz_binance Congratulations on your pardon. Let's celebrate with a Bitcoin versus tokenized gold debate.
2025-10-24 View on X
Bloomberg

Trump's pardon of CZ is a gift to the crypto industry, which has spent heavily to ease regulations and rewrite history to remove associations with criminality

The move by Trump comes as his family works to profit from coins.

@cz_binance Congratulations on your pardon. Let's celebrate with a Bitcoin versus tokenized gold debate.
2025-10-24 View on X
Wall Street Journal

President Trump pardons convicted Binance founder Changpeng Zhao, following months of efforts by Zhao to boost the Trump family's World Liberty Financial

reporting no longer grounded in truth. The facts are clear and stated as follows: 👇 @acyn : Collins: Can you explain why you chose to pardon the founder of Binance and did it have ...

2025-09-13
One of the harmful consequences of the Fed's keeping interest rates too low is that money-losing crypto companies like $GEMI suck up investment capital that otherwise would have been invested in productive ventures. The result is rising trade deficits and higher consumer prices.
2025-09-13 View on X
CNBC

Gemini closed up 14.3% at $32 per share in its Nasdaq debut, giving it a ~$3.8B market cap, after the Winklevoss twins' crypto exchange raised $425M in its IPO

Tanaya Macheel / CNBC :

2025-08-24
The U.S. Govt. taking a 10% stake in $INTC is not only unconstitutional, it's a bad idea. Trump wasn't hired to run a hedge fund. This is a very bad precedent to set, as it moves our nation further away from free-market capitalism. Had Biden done this, Republicans would be livid.
2025-08-24 View on X
New York Times

Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity

and every American should be [video] Kelsey Piper / @kelseytuoc : @recurseparadox Congress can repeal the CHIPS act if they want to. (I think they shouldn't, but they could). But ‘...

2025-08-08
Most Americans have saved far less than needed to have any hope of retirement. By allowing Americans to gamble what little retirement savings they have in their 401(k)s on Bitcoin and other cryptos, Trump just made this problem much worse!
2025-08-08 View on X
Wired

President Trump orders regulators to investigate banks for “politicized or unlawful debanking”, echoing allegations from conservatives and the crypto industry

In a new executive order, the US president has called on federal regulators to investigate and punish banks …

Most Americans have saved far less than needed to have any hope of retirement. By allowing Americans to gamble what little retirement savings they have in their 401(k)s on Bitcoin and other cryptos, Trump just made this problem much worse!
2025-08-08 View on X
CNBC

Trump signs an EO clearing a path for adding alternative assets like PE and cryptocurrencies to 401(k)s, directing the US Secretary of Labor to review guidance

President Donald Trump signed Thursday an executive order that lays the groundwork to add alternative assets such as private equity …

2025-05-03
With the de minimis exemption gone, Americans can no longer buy low-cost merchandise directly from Chinese companies. So they'll have to pay more to buy higher-priced imports or domestic products instead. Even though they pay higher prices, those higher prices won't show up in
2025-05-03 View on X
CNBC

Temu stops shipping products from China directly to US shoppers and lists only products shipped from US warehouses, as Trump closes the de minimis exemption

Bargain Chinese retailer Temu changed its business model in the U.S. as the Trump administration's new rules on low-value shipments took effect on Friday.

2025-03-04
I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?
2025-03-04 View on X
CoinDesk

President Trump names Bitcoin, Ethereum, XRP, Solana, and Cardano as assets to be included in a strategic US crypto reserve, causing significant price surges

XRP, ADA, SOL post double-digit losses Molly White / Citation Needed : Issue 78 - President on brink of bailout for bitcoin CoinDesk : Here Is What Crypto Leaders Are Saying About ...

2025-03-03
I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?
2025-03-03 View on X
CoinDesk

President Trump names Bitcoin, Ethereum, XRP, Solana, and Cardano as assets to be included in a strategic US crypto reserve, causing significant price surges

Crypto Braced For Another Trump Shock After Bitcoin, XRP, Solana And Cardano Price Boom CoinDesk : Here Is What Crypto Leaders Are Saying About Trump's Crypto Reserve Plans Matthew...

2024-11-22
If #Trump actually establishes a Crypto Advisory Council, it should not include anyone from the #crypto industry itself, given their extremely biased views. Instead, it should be comprised of experts who do not even own #Bitcoin and can therefore make objective recommendations.
2024-11-22 View on X
Reuters

Sources: a16z, Paradigm, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which could set up a bitcoin reserve

Hannah Lang / Reuters :

2024-11-12
With so many people selling #gold ETFs today to buy #Bitcoin ETFs and Bitcoin-related equities, #silver held up relatively well. With gold down 2.4%, silver only fell 1.8%. Typically, on a day when gold is down this much, silver would be down twice as much. Maybe a silver lining.
2024-11-12 View on X
Financial Times

Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”

It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popesc...

#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of
2024-11-12 View on X
Financial Times

Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”

It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popesc...

2024-09-14
@saylor Averaging up is going to crush MSTR when Bitcoin collapses. I'm sure you will keep taking on more debt to buy even more Bitcoin on the way down. By the time Bitcoin breaks below $30K I'm sure your average price on an even larger position will be over $40K.
2024-09-14 View on X
CNBC

MicroStrategy stock jumped 8%+ on Friday after founder Michael Saylor said it purchased another $1.1B worth of bitcoin, taking its bitcoin holdings to $14.6B

MacKenzie Sigalos / CNBC :

2023-10-19
#Netflix just hiked the price for its premium service by 15% to $22.99 per month. Before the 2020 pandemic the price was just $15.99 per month. That's a 44% increase in three years, or close to 15% per year. That's much closer to the real rate of #inflation than the official CPI.
2023-10-19 View on X
Wall Street Journal

Netflix raises its US prices for its basic plan from $9.99 to $11.99, its premium plan from $19.99 to $22.99, and some of its prices in the UK and France

Hollywood strikes will lead to lower content spending, more free cash flow this year, company says  —  Netflix said its efforts …

2023-05-26
I wonder if the advice given by AI will be just as bad as the advice their human advisors have been giving. https://www.cnbc.com/...
2023-05-26 View on X
CNBC

Filing: JPMorgan Chase is working on a ChatGPT-like software service dubbed IndexGPT that uses AI to analyze and select investments tailored to customer needs

- JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence …

2023-01-06
What took so long? Exactly what Mashinsky has been accused of doing was so obvious that it only took me a few minutes during a live debate over a year ago to figure it out. Had authorities acted sooner investor's losses would have been greatly mitigated. https://www.zerohedge.com/...
2023-01-06 View on X
Wall Street Journal

New York AG Letitia James files a civil lawsuit against Celsius co-founder Alex Mashinsky, alleging he defrauded investors out of billions via false statements

Wall Street Journal :

2022-11-11
This doesn't look good, but it's to be expected. Lots more to come. Sell your #Bitcoin if you can, as many people who would like to sell can't. https://twitter.com/...
2022-11-11 View on X
@sbf_ftx

[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more

1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.

2022-06-20
Now that #Bitcoin has collapsed below $20K and #Ethereum below $1K, at least one person on @CNBC should apologize to their viewers for all the one-sided coverage and bad investment advice. As Bitcoin plunged 73% and Ethereum 83%, CNBC pumped #crypto non-stop the entire way down.
2022-06-20 View on X
The Block

After suspending withdrawals on Friday, Babel Finance says it has reached “preliminary agreements” on repayments of “some debts”, helping ease its liquidity

- Babel Finance says it has reached “preliminary agreements” with major counterparties “on the repayment period of some debts.”

Now that #Bitcoin has collapsed below $20K and #Ethereum below $1K, at least one person on @CNBC should apologize to their viewers for all the one-sided coverage and bad investment advice. As Bitcoin plunged 73% and Ethereum 83%, CNBC pumped #crypto non-stop the entire way down.
2022-06-20 View on X
Bloomberg

Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021

what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilis...