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Peter Schiff
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- 1Peter Schiff warns quantum hack could make him short Bitcoin▼Peter Schiff Warns Quantum Hack Could Make Him ‘Short Everything’ On Bitcoin, Sees $600K Cycle Top
Economist and long-time Bitcoin critic Peter Schiff says a quantum computing hack of the cryptocurrency could prompt him to short the entire Bitcoin market. At the same time, he suggested Bitcoin's current cycle could peak at around $600,000. The comments blend his usual bearishness on crypto with an unusually large price target, drawing attention from both Bitcoin supporters and skeptics across financial media.