Peter Schiff: Lost Bitcoin Password Claims are ‘Fake News’

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On Sunday, January 19th noted American libertarian economist, “gold bug,” and renowned Bitcoin skeptic Peter Schiff told the world that he had lost access to his Bitcoins.

 

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“I just lost all the #Bitcoin I have ever owned,” wrote Schiff, who is also the chief executive officer at Euro Pacific Capital and the Chairman of SchiffGold.

 

“My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad.”

 

The tweet was posted on Schiff’s unverified Twitter account along with a screenshot of an error message that reads “error decrypting wallet, please check that your password is correct.”

 

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