Economist Peter Schiff, known for his criticism of Bitcoin, has sprung a surprise by announcing a collection of NFT artworks on the Bitcoin blockchain. This unexpected news shook the crypto community, suggesting a possible change of opinion on the part of this ardent detractor.
Peter Schiff announces the launch of his NFT collection on the Bitcoin network
For years, Peter Schiff has fiercely opposed to the use of Bitcoin. He repeatedly claimed that the value of this cryptocurrency would eventually fall to zero. However, a recent announcement took everyone by surprise.
The famous economist and fervent supporter of gold, Peter Schiff, revealed its participation in a collection of non-fungible tokens (NFT), which will be auctioned shortly. This unique collection will be minted on the Bitcoin network and is produced in collaboration with the artist Market Price.
The collection of Peter Schiff includes the original painting entitled “Golden Triumph” . This unique work of art was reproduced in only 50 copies, each signed by Peter Schiff and the artist himself. Each print is accompanied by an exclusive Ordinal inscription on the Bitcoin blockchain.
The auction of the collection will take place in two parts, from June 2 to June 9 in New York City. Schiff has shared a link to a dedicated website, detailing this fascinating NFT collection.
Bitcoin’s fervent detractor finally changes sides?
Despite this foray into the world of NFT, Peter Schiff still claims not to be part of the Bitcoin community, insisting that his collection is primarily an artistic expression and homage to gold.
However, this decision has provoked strong reactions within the crypto community, fuelling debate about a possible change of perspective on his part.
On Twitter, many community members reacted to the announcement, with some even questioning the sincerity of his decision. Anthony Pompliano, an entrepreneur in the crypto sector, welcomed Peter, stating that his arrival was expected.
Despite his efforts to conceal his newfound convictions about blockchain technology, one thing is certain: Peter Schiff won’t be able to do so indefinitely. Eventually, he’ll realize just how lucrative this new technology can be. Witness the sale of tokens that netted former President Donald Trump nearly a million dollars. It will be interesting to see how this new venture into the world of NFT will influence Peter Schiff’s outlook and opinions on Bitcoin and blockchain technology.
As a journalist at Coinpri, I’ve been captivated by the world of bitcoin and blockchain since 2020. The decentralized aspect of Bitcoin particularly piqued my interest. Since then, I’ve been working constantly to spread my knowledge, hoping one day to see a world where everyone fully enjoys their financial freedom.
