Peter Schiff and Max Keiser have always been on the opposite ends of the crypto debate. While Schiff has been a staunch critic of digital currencies, Keiser has championed the progress of Bitcoin and the decentralized financial system for a long time.
The rivalry between the two financial experts intensified again after the Heisenberg Capital co-founder took a sharp dig at Schiff, saying that he cannot understand why people still listen to him. On Friday, Keiser conducted a poll on Twitter, asking the community that what price point would trigger Peter Schiff to buy Bitcoin. The options he gave were $25,000, $50,000, $100,000, and $300,000. Consequently, Schiff debunked the poll, stating that it was a fraud and that no price-point could trigger him into buying Bitcoin.
This poll is a fraud, as none of the choices are correct. There is no price high enough that would cause me to panic-buy #Bitcoin. Also, it's unlikely that Bitcoin will ever actually trade at any of the price points in the poll. https://t.co/6APYN16WbD
— Peter Schiff (@PeterSchiff) June 26, 2020
Later, Schiff, who is the CEO of Euro Pacific Capital, conducted a poll of his own, asking netizens to choose a price point that could cause Max Keiser to ‘throw in the towel’ on Bitcoin. Interestingly, the price points he gave were $2,000, $1,000, $100, $0. While Max Keiser’s poll had an equally distributed result from the 344 votes, Schiff’s poll got over 7,900 votes, out of which, 72% chose $0.
While such banter on Twitter is hilarious, it also shows that the two extremes of the crypto debate continue to move away from each other instead of coming close. Another example is prominent investor Jim Rogers, who recently warned the governments that they will have to eliminate Bitcoin. Keiser took a shot at Rogers as well, tweeting that he had told him to buy BTC at $1, $10, and $100, just like he advised Peter Schiff, but Rogers, just like Schiff, failed to do so.
Jim Rogers, like @PeterSchiff, I told to buy #Bitcoin at $1 $10 $100, but the “legendary investor” never looked into it as evidenced by this silly, uniformed comment he just made. pic.twitter.com/QXuCATsscR
— Max Keiser (@maxkeiser) June 26, 2020