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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Btceth01 on March 13, 2021, 11:51:42 PM

Title: Peter Schiff Bashes Ethereum (ETH), NFTs, Recalls Joke About $10,000 Dog
Post by: Btceth01 on March 13, 2021, 11:51:42 PM

Renowned investor and the most acerbic Bitcoin (BTC) critic, Peter Schiff, has taken to Twitter to slam the developing NFT mania. To better illustrate his take, Mr. Schiff remembered an old joke about one shortsighted dog seller.
According to Mr. Schiff, both non-fungible tokens and Ethereum (ETH) coins are "overpriced." That, trading one sort of overpriced asset against another, resembles an old joke.
Ether and NFT traders look like pet owners trying to sell their dogs for $10,000. Meanwhile, interest in buying such an expensive pet is nonexistent at the moment. As a result, the dog seller has to exchange his dog for two $5,000 cats.  Source (https://cryptonews.net/486716/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)