Peter Schiff Named 'Most Clueless Bitcoin Nocoiner', Beats Warren Buffett

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Thu, 03/05/2020 - 07:14
Alex Dovbnya
Peter Schiff brags about being called 'the most clueless nocoiner' during a Bitcoin conference hosted by trader and YouTuber Tone Vays
Peter Schiff Named 'Most Clueless Bitcoin Nocoiner', Beats Warren Buffett
Cover image via twitter.com
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Euro Pacific Capital CEO Peter Schiff has recently tweeted about receiving an award for bashing Bitcoin. Now, there is no doubt that he's indeed the 'most clueless nocoiner' after he lost access to his coins earlier this year.  

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A contested category 

Schiff's commitment to hating on Bitcoin was recognized during the annual 'Unconfiscatable' cryptocurrency conference that took place in Las Vegas.   

The gold bug, who infamously called the orange coin a 'fraud' and a 'Ponzi scheme' was one of the winners during the Scammy Awards. However, as Bitcoin developer Jimmy Song highlighted, there were only "losers of sanity."

Peter Schiff managed to edge tough-to-beat competitors in the 'nocoiner' category that included other bitter critics such as Berkshire Hathaway CEO Warren Buffett and Nobel-winning economists Nouriel Roubini and Paul Krugman. 

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Shaming their own 

While none of the aforementioned skeptics (obviously) ever showed up to accept the award, long-time Bitcoin advocate Trace Mayer also appeared under fire. He was called out on stage by Bitcoin maximalists for trying to promote the Mimblewimble Coin (MWC) during the Bitcoin-centric event. 

Mayer is the leader of the 'Proof of Keys' movement that encourages holders to take control of their coins by withdrawing all of their funds from exchanges. 

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.