Peter Schiff, longtime critic of Cryptocurrency and the Voice Detective of NFTs, is getting ready to launch its own NFT art on the bitcoin blockchain.
According to the tweet sent out on May 26, the release will take place in cooperation with Market price of the artist.
Not backed by gold
Peter Schiff, CEO and Chief Strategist of Euro Pacific Capital, was known for his firm faith in the value of Commodities such as gold, silver, and oil also He expressed his contempt for Digital currencies.
in one interview with Kitco NewsHe renewed his position emphasizing that only digital the currency he wants support He is one Backed by gold.
Given his affinity for tangible assetsSchiff was recognized as a skeptic of Most cryptocurrencies, which he classifies as “fiat digital Coin.” Drawing Parallels with hated it for Fiat paper currency, he confirms digital Coins lack real-world The value does not reciprocate to him.
For this reasonTwitter community He was range of Replies when cooperation is detected with artist who as “market price”.
I’ll cooperate result in the creation of The “Golden Triumph” collection, which includes a physical palette, 50 limited-edition prints, and 50 unique digital Versions registered as ordinal NFT on blockchain bitcoin.
this new category of assetsknown as ordinal, includes the inscription of digital assets On satoshis, the smallest units of bitcoin. This height in became ordinal possible Due to the Taproot upgrade, which has been implemented on bitcoin network in November 2021.
With Taproot, users have gained ability to sign up various Forms of contentranging from photos to video games, and directly On an individual satoshi.
Support from the CEO of binance
Shortly after making a file announcementrun out updated His Twitter profile picture to reflect that new launch.
In response to the announcementCzechoslovakia CEO of tweet Binance“,” Seeing Peter Schiff’s transformation makes me happy.
Like shiv announcement reverberating throughout social media And news outlets, response from him followers and the art world As a whole remains Uncertain.
