Wait. What? Peter Schiff Launched An NFT On Bitcoin?!

What is this I don’t even. Words don’t explain what is happening. 😱

Economist Peter Schiff, a vocal critic of cryptocurrencies and non-fungible tokens (NFTs), has announced the release of an NFT art collection on the Bitcoin network.

The collection, titled “Golden Triumph,” includes an original painting, a series of prints, and Ordinals inscribed on the Bitcoin blockchain. Despite Schiff’s years of denigrating Bitcoin as a Ponzi scheme, and previously calling NFTs “fake assets,” he collaborated with an artist known as “Market Price” to launch the NFT collection. The art pieces will be auctioned from today to June 9.🏷️

Schiff’s turnabout on blockchain technology hasn’t completely changed his stance on Bitcoin, which he still criticizes for its perceived lack of inherent value. 

He did, however, acknowledge the value of blockchain in verifying ownership of assets like art via NFTs.

But the $BTC community hasn’t let Schiff off the hook:

 

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