Peter Schiff has cast doubt on Bitcoin (CRYPTO: BTC) and Strategy (NASDAQ:MSTR), accusing Michael Saylor of running an unsustainable business model that he argues looks increasingly like a "fraud." ...
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Peter Schiff Says Michael Saylor Strategy-Bitcoin Model Is 'Fraud' And MSTR Is 'Broken'
Benzinga12-02
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- Guavaxf30·12-02A repeated posting but worth re-reading. A greater financial shenanigan is hard to find. Ponzi in a nutshell is what Peter Schiff calls it. Some argue against this term but how do you explain issuing shares to pay dividends to old shareholders?LikeReport