Bitcoin bear Peter Schiff admits BTC could hit $100k

TL;DR Breakdown Peter Schiff predicts BTC could hit $100k, $1 million.Schiff still negative on Bitcoin and crypto. Popular anti-crypto economist and Bitcoin bear Peter Schiff admitted that Bitcoin price might eventually hit $100,000. Schiff noted that the coin is primed for another bull run. He, however, maintained his negative stand against Bitcoin even though he claims to regret not buying some in 2011. During an interview with Coin Stories, the Bitcoin bear made this revelation as he still maintained his bearish outlook on the crypto market. Bitcoin bear, Schiff, and his Gold haven Schiff is very famous for many things in the finance industry. Schiff is always known to defend gold and speak badly about Bitcoin and other altcoins within the crypto community. Despite predicting a looming bull run for crypto, he still lashed the digital asset maintaining his ever negative bias for the coin. While speaking to Coin Stories, Schiff refuted claims that BTC would ever be employed as a means of payment by the mass population. BTC being used as a payment means is the ultimate goal for the crypto coin per its white paper. Schiff also criticized AMC entertainment’s move to accept Bitcoin at its theaters. He said even bitcoin proponents, like Anthony Pompliano, don’t believe anyone would ever want to spend their holdings for tickets or popcorn. He also spoke on the coin’s volatility, saying no landlord will decide to accept BTC for ren...