{"id":18493,"date":"2024-11-11T19:12:32","date_gmt":"2024-11-11T17:12:32","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-critic-peter-schiff-promotes-his-ordinals-collection\/"},"modified":"2024-11-11T19:12:32","modified_gmt":"2024-11-11T17:12:32","slug":"bitcoin-critic-peter-schiff-promotes-his-ordinals-collection","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-critic-peter-schiff-promotes-his-ordinals-collection\/","title":{"rendered":"Bitcoin Critic Peter Schiff Promotes His Ordinals Collection"},"content":{"rendered":"<p>Peter Schiff, President of Euro Pacific Capital, highlighted his Ordinals collection named Golden Triumph. The community criticized the Bitcoin skeptic under his post.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">With Bitcoin over $80K, it&#8217;s a good time to spend some on a Peter Schiff Ordinal, each one inscribed on the Bitcoin blockchain. There&#8217;s 21 million Bitcoin but only 50 Golden Triumph ordinals. It&#8217;s clear which one is more valuable. You can&#8217;t argue with math.<a href=\"https:\/\/t.co\/SPJSbv1ut5\">https:\/\/t.co\/SPJSbv1ut5<\/a><\/p>\n<p>\u2014 Peter Schiff (@PeterSchiff) <a href=\"https:\/\/twitter.com\/PeterSchiff\/status\/1855678103739138405?ref_src=twsrc%5Etfw\">November 10, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;With Bitcoin over $80,000, it&#8217;s a good time to spend some on a Peter Schiff Ordinal, each one inscribed on the blockchain. There are 21 million BTC and only 50 Golden Triumph inscriptions. It&#8217;s clear which is more valuable. You can&#8217;t argue with math,&#8221; the entrepreneur wrote.<\/p>\n<\/blockquote>\n<p>Schiff announced his collection in May 2023. It is hosted on the marketplace <a href=\"https:\/\/magiceden.io\/ordinals\/marketplace\/gt?activeTab=items\">Magic Eden<\/a> and contains 50 numbered images.<\/p>\n<p>At the time of writing, 10 lots are listed for sale with a floor price of 0.1245 BTC. The maximum price for one of the tokens reaches 2 BTC.<\/p>\n<p>One user pointed out that Schiff has criticized Bitcoin for 10 years, yet now seeks to gain digital gold through his NFTs.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I&#8217;m the one who will sell my Ordinals and get your Bitcoin. I don&#8217;t even have a wallet,&#8221; he <a href=\"https:\/\/x.com\/PeterSchiff\/status\/1855681803698192412\">replied<\/a>.<\/p>\n<\/blockquote>\n<p>When asked why anyone would part with their Bitcoins in exchange for Ordinals, Schiff <a href=\"https:\/\/x.com\/PeterSchiff\/status\/1855681499720491141\">stated<\/a> that Golden Triumph is more valuable than the first cryptocurrency because they are &#8220;rarer.&#8221;<\/p>\n<p>In September 2024, the President of Euro Pacific Capital compared Bitcoin to gold in the context of its historical peak. Commenters recalled his past publications predicting against digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peter Schiff, President of Euro Pacific Capital, highlighted his Ordinals collection named Golden Triumph. The community criticized the Bitcoin skeptic under his post. With Bitcoin over $80K, it&#8217;s a good time to spend some on a Peter Schiff Ordinal, each one inscribed on the Bitcoin blockchain. There&#8217;s 21 million Bitcoin but only 50 Golden Triumph [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1176,1298],"class_list":["post-18493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ordinals","tag-peter-schiff"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=18493"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/18492"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=18493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=18493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=18493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}