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TOP CRYPTO TWEETS: Elon Musk Sees Crypto as Replacement for Cash, Peter Schiff Mystery Solved

TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. Tesla’s Elon Musk views cryptocurrency as a cash replacement. Precious metals investor Peter Schiff password mystery solved. Justin Sun continues his marketing genius. Why crypto markets seem crazy is because they are. Kim Dotcom baffles a BTC maximalist, and so much more in this fun installment.   

Tweets of the Week: #8 Peter Schiff Mystery Solved

Peter Schiff has made a literal living on claiming to have called the 2008 housing crisis. He, along with market Bears generally such as Ron Paul and even Bernie Sanders, has made much of his prognostications. Schiff, of course, went further, predicting doom and gloom for at least the last decade since — massive unemployment, social unrest, hyperinflation, and so on. Those he got breathtakingly wrong by any measurement or standard. Horribly wrong.

In fact, he’s so incredibly wrong at forecasting, shortly after he moved to Puerto Rico for its tax advantages, the island was struck with a historic natural disaster. Oof. Poor Peter. He has, of course, also assumed the demise of Bitcoin since its inception, coming out as an early critic, demanding it to be vaporware, useless, worthless. Can you guess what has happened since Schiff went after arguably the most important financial innovation in a century? Can you? Bet you can. Only about a 9 million percent increase in value.

These basic facts never slow Schiff down. Hardly. They embolden him. He apparently loves being wrong and for a very, very long time. He loves it so much that even when he demonstrates less, considerably less, than basic Bitcoin literacy, and then is proven to be confused, he is undaunted. Onward Schiff goes.

It’s oddly admirable. Maybe Scientologists are more delusional? Jehovah’s Witnesses? It’s hard to gauge, as Schiff’s unearned confidence is simply off the charts.

#7 Schizophrenia

#6 He Did His Best

#5 A Miner’s Incentive

#4 Oh, Justin

#3 Yourmoneygon

#2 Breaching Fi-douche-iary Duties

#1 I See Crypto as a Replacement for Cash

Peter Schiff

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