Peter Schiff: China Focuses on Gold, Not Bitcoin

The post Peter Schiff: China Focuses on Gold, Not Bitcoin appeared first on Coinpedia Fintech News Economist Peter Schiff criticized former President Trump’s push for U.S. dominance in Bitcoin and digital assets, calling it misguided as China focuses on building factories and buying gold. While the U.S. holds around 198,000 BTC, China’s holdings from seizures are close to 190,000-194,000 BTC. Meanwhile, China continues expanding its gold reserves, reaching 2,306 tonnes valued …