World-Class Economist Calls Out Flaw In MicroStrategy's Bitcoin Bet, Says 'Death Spiral' Is Coming
MicroStrategy, a publicly traded business intelligence company, is facing new heat as world-class economist Peter Schiff unleashes a blistering takedown of the firm's all-in Bitcoin (BTC) bet. As the price of Bitcoin slides below key levels, Schiff has warned that MicroStrategy's model cannot sustain itself, arguing that a critical flaw could push the company into [...]