🍿 #PeterSchiff one of the most well-known critics of BTC, explained why he never invested in crypto:
🔵 In crypto, money simply moves from buyer to seller — someone profits only because someone else loses, it doesn't create value.
🔵 In the companies he invested in, profit does not necessarily mean someone incurred a loss.
🔵 These companies have become more valuable over time, and dividends are generated from their profits, rather than from someone's pocket.
🔵 People buy their products and services, the business earns money — and he profits from this.