Peter Schiff criticizes MicroStrategy’s Bitcoin strategy
Cryptopolitan 28 Nov 2024
Peter Schiff, an ardent critic of Bitcoin, recently took a swipe at the digital currency again, this time at MicroStrategy’s continued purchase of Bitcoin. Schiff criticized MicroStrategy’s bold $42 billion plan to buy Bitcoin within three years ... He said that the temporary price increase resulting from these acquisitions will be short-term, resulting in a significant drop in Bitcoin price and MicroStrategy’s stock price.
Canada’s Mayor Proposes Bitcoin-Friendly Vancouver City Plan
CryptoNewsZ 28 Nov 2024
In a recent meeting, Canada’s mayor, Ken Sim, proposed a Bitcoin-friendly plan for Vancouver. If implemented, Vancouver could join the growing list of Bitcoin-friendly countries and cities, including El Salvador, Brazil, Lugano, and others. Vancouver, the largest city in Western Canada, is considering a move toward Bitcoin adoption under a new proposal from Mayor Ken Sim ... Bitcoin Adoption Grows as Small Caps Emulate MicroStrategy.