Peter Schiff dismisses idea of US Bitcoin reserve, calling it 'ridiculous' solution to national debt, suggested by Tom Lee from Fundstrat, recently questioned the idea of the cryptocurrency serving as part of the U.S. strategic reserve, calling the idea a"ridiculous" plan. In his view, such a move would be ineffective and problematic, primarily due to Bitcoin's unstable volatility and potential impact on market stability.could help solve the U.S. budget deficit.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.