Gold supporter Peter Schiff, who has often been brought up with negative statements about Bitcoin (BTC), said interest in Bitcoin has not increased despite the intense efforts of cryptocurrency followers.
In a statement posted on his Twitter account on August 21, Schiff stated that interest in Bitcoin was far less than gold, according to Google Trends data.
Sharing a graphic in his tweet, Schiff argued that interest in BTC’s gold has never passed, except that the price of Bitcoin reached a record high in 2017.
” Interest ” comparison between gold and Bitcoin
Peter Schiff, who noted that bitcoin supporters say interest in the leading cryptocurrency is growing, said the data was different. The following expressions used in your message:
“Bitcoin supporters insist that interest in BTC is on the rise. While the data points to a different reality. Despite their massive efforts to ‘pump’ bitcoin, interest in cryptocurrency is still below its 2019 peak… “
“On the other hand, interest in gold is moving toward new records,” said Schiff, who emphasized that Bitcoin never surpassed gold in Google searches except during the period when bitcoin reached a record high.
“Buy Bitcoin without crisis”
The author of the book “Rich father poor father” called for “investing in safe havens,” Coin Otağ quoted the report as saying. Author Robert Kiyosaki suggested Bitcoin was a very important investment vehicle, saying it was on the verge of a” major banking crisis.”
On the other hand, an analysis shared by Grayscale said the bitcoin market followed a similar path to the previous move from a record high in 2017.
