Peter Schiff, a well-known figure in the cryptocurrency community, has announced that he is developing a cost-neutral strategy to acquire Bitcoin. He has publicly shared his donation address and invited fans to contribute to his reserve. Schiff emphasizes that he will not sell any donated Bitcoin, stating, “The Bitcoin in my strategic reserve was acquired using a cost-neutral strategy, and these coins will not be sold. This will prove that Bitcoin reserves are a bad idea. I will go down with this ship to ensure that others do not board.”
As of now, he has received nearly 0.055 BTC (worth over $4,600) and has mentioned that he has ordered a Trezor hardware wallet to store these assets.
Translation:
Peter Schiff Develops Cost-Neutral Strategy to Acquire Bitcoin
Peter Schiff, a well-known figure in the cryptocurrency community, has announced that he is developing a cost-neutral strategy to acquire Bitcoin. He has publicly shared his donation address and invited fans to contribute to his reserve. Schiff emphasizes that he will not sell any donated Bitcoin, stating, “The Bitcoin in my strategic reserve was acquired using a cost-neutral strategy, and these coins will not be sold. This will prove that Bitcoin reserves are a bad idea. I will go down with this ship to ensure that others do not board.”
As of now, he has received nearly 0.055 BTC (worth over $4,600) and has mentioned that he has ordered a Trezor hardware wallet to store these assets.
