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

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Thu, 5/03/2020 - 7:14
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Peter Schiff Named 'Most Clueless Bitcoin Nocoiner', Beats Warren Buffett
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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.   

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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. 

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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