Economist and long-time Bitcoin skeptic Peter Schiff surprised the crypto community with an unexpected interest in digital assets — but not all of them. Amid the market’s record-breaking rally, he took to X to urge his followers to purchase his NFT collection titled “Golden Triumph.” Let’s see what’s behind this move.
“You can't argue with math”
Judging by his post, Peter Schiff hasn’t changed his stance on cryptocurrencies but seems eager to benefit from the rally. On his X page, he attempted to pump his NFTs, claiming that the limited supply of 50 Ordinals makes them more valuable than Bitcoin’s 21 million coins.
However, social media users responded with ridicule, suggesting that despite his harsh criticism of Bitcoin, Schiff wouldn’t mind profiting from its growth.
What We Know About the “Golden Triumph” Collection
The collection was launched in May last year and consists of 51 NFTs inscribed on the Bitcoin blockchain, with 10 currently listed. Prices range from 0.1245 BTC (~$10.5K) to 2 BTC (~$168.1K).
Still, Schiff maintains that his involvement in Ordinals doesn’t signal support for cryptocurrencies. According to him, it’s simply a way to add value to existing art rather than recognize NFTs as inherently significant.
Meanwhile, Bitcoin Hits New ATH
On November 11, Bitcoin reached a new all-time high, testing the $84.6K mark. The rally, which began after the U.S. presidential election, saw a 23% gain in just one week.
By the way, here’s one of the comments under Schiff’s post. We’ll just leave it here 👇
