Schiff Challenges Saylor to Public Debate on Bitcoin Strategy

The debate between proponents of gold and bitcoin continues to heat up. Peter Schiff has publicly accused Michael Saylor, founder of Strategy, of building his business model on a foundation of false promises and unstable returns. Schiff claims that Strategy’s approach of leveraging high-yield preferred shares for investor funding is unsustainable, potentially leading to financial distress. He proposes a public debate during Binance Blockchain Week in Dubai, scheduled for December. This showdown comes amidst a challenging market environment where Bitcoin faces declines, while gold, backed by Schiff, demonstrates relative stability. )