Peter Schiff Announces Bitcoin NFT Collection

Peter Schiff
Peter Schiff

President of Euro Pacific Capital and Bitcoin critic Peter Schiff announced own collection of non-fungible tokens (NFT) based on the first cryptocurrency.

“I’m excited to announce an art project with one of my favorite artists, Market Price. Our collaboration includes the original Golden Triumph painting, a series of images, and Ordinals on the Bitcoin blockchain,” he wrote.

The collection contains 50 numbered pictures, each signed by Schiff and the artist. Each lot includes a unique Bitcoin-based Ordinal.

Bidding will start on June 2 and end a week later, on June 9. The auction will be held in two stages: first, the physical painting “Golden Triumph” will be sold, and then 50 NFT images will be sold.

Peter Schiff is a longtime gold advocate and critic of bitcoin. In August 2022, he predicted the fall in the price of the first cryptocurrency to the level of $10,000, and in December, he predicted a collapse of the asset below $5,000.

Recall that in April 2023, Schiff praised the ChatGPT chat bot for choosing gold over bitcoin.

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