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When mainstream media tries to drag bitcoin’s name through the mud, we get it. The mainstream media is owned by the same general group of people who own everything else including governments and central banks.

Of course, they are going to do everything they can to make bitcoin look as bad as possible. And they’ve done that, now declaring bitcoin dead 140 times. And that’s when they aren’t trying to associate bitcoin with things like the CIA’s drug running business or terrorist financing which Best Friends Forever (BFFs) Killary Clinton and Donald Trump do on a daily basis.

But when those not normally associated with the globalists try to say and do anything to demean bitcoin it makes you wonder whose team they are on.

We’ve highlighted the Health Ranger, Mike Adams, more often than even we would care to bother.

But, an even bigger name bitcoin hater needs to be scrutinized. Peter Schiff.

Many people who read The Dollar Vigilante (TDV) tend to think of Schiff as being one of the good guys. He’s been a gold bug forever… and TDV has also been promoting gold and silver since our inception.

Schiff was all over mainstream media using his knowledge of Austrian economics to warn of the financial crisis to come prior to 2008. That’s how he became a big name.

And, we are also massive proponents of Austrian economics and, in general, we agree with most of Peter’s prognostications of the markets and another coming crisis.

But, Schiff has been bitcoin’s biggest critic for years. And, not even with any reasonable analysis. He has actually compared bitcoin, the massively complex cryptographic largest supercomputer in the world to Beanie Babies!

And not back in 2013, when perhaps he could be forgiven for being so naive and ignorant. He said that this year!

Some claim that he bashes bitcoin because bitcoin competes with his gold related businesses. But, even if this is the case, it is hurting his business now, much more than it is helping it.

Here’s a recent Facebook post by Peter bashing bitcoin again… but take notice of all the comments.

These are his Facebook followers. They are following him because they are fans of his… and the great majority of them disagree with his negativity on bitcoin!

Schiff has even been losing employees and partners who cannot believe how naive or ignorant… or an outright globalist shill… he has been when it comes to cryptocurrencies.

And now it has come to light that Schiff has partnered with one of the most blatant and evil globalists in the world, George Soros.

At the very least, Schiff is making himself appear guilty by association for being involved in the monopolization of the Texas gold industry along with George Soros and friends into some administrative roles at the Texas Gold Depository and UTIMCO.

Josh Sigurdson did a great job highlighting this unofficial partnership between Soros and Schiff.

And, this makes us wonder, why is Peter Schiff on mainstream media so regularly? Usually, to be a regular you have to be an insider. I’ve been on CNBC and Fox Business, but just a few times until they realized they couldn’t make bitcoin look bad by interviewing me.

Certainly, at this point, given his mainstream media access, his dealings with George Soros and his neverending attacks on bitcoin, he has to be considered a possible globalist insider.

If so, it is sad. Peter Schiff’s father was essentially a valiant anarchist who was one of the most famous tax protesters in US history.

When Irwin Schiff passed away in 2015 we wrote a glowing acknowledgement of his service, “Freedom Fighter Irwin Schiff Passes Away In US Prison.”

Meanwhile, Erwin’s son, Peter, is a statist, does not openly fight the government and the tax system, works with globalists like Soros and bashes cryptocurrencies which offer some of the best hope for destroying governments and central banks.

It really makes you wonder about Peter.

Certainly, when it comes to bitcoin he is either completely and willfully ignorant about it or he is a globalist shill attempting to do anything he can to ensure people don’t wake up to the power of bitcoin to bring the power of money and banking back to the individual.

Sadly, Peter has been warning his followers against owning bitcoin for years.

The earliest mention we could find was on his radio show on June 20th, 2011, when bitcoin was trading at $17.36.

He was skeptical of it then and still remains highly skeptical.

But, if he had advised his followers to speculate in just $1,000 of bitcoin back then they’d have gained over 10,000%, and it’d be worth over $160,000 today. Meanwhile, many of them continued to hold gold which was trading at $1,600/ounce in June of 2011 and is currently trading at $1,250 for a loss of 21%.

And he continues to warn people from owning bitcoin even as it skyrocketed more than
$1,000 in the last four days!

And not so much of even an admission of being wrong? No apology for the billions of dollars his followers and clients have either lost or missed out on from his “advice”?

We’ve been recommending bitcoin since $3 in 2011, for a nearly 100,000% gain to date and mainstream media avoids mentioning us like the plague while having Peter on regularly to bash bitcoin.

I wonder why?

If you still don’t understand cryptocurrencies, don’t worry… and this includes you too, Peter. I’ve created a free four video webinar (click here to get immediate access) to explain why cryptocurrencies are a paradigm shift in money and banking. And if you accept our offer at the end I’ll even send you your first $50 in bitcoin directly from my personal bitcoin wallet.

I know you don’t need the $50 Peter, but really, you should look into bitcoin. It’s not going to feel good being the only one who doesn’t understand it when it breaks through $10,000.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and cryptocurrency conferences including his own, Anarchapulco, as well as regularly in the media including CNBC, Bloomberg and Fox Business.  Jeff also posts exclusive content daily to the new blockchain based social media network, Steemit.  

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