Bitcoin bulls are spreading fake news about a golden asteroid that will make every earthling a billionaire, says Peter Schiff of Euro Pacific Capital.
The chief executive officer said on Saturday that 16 Psyche, one of the ten most cumbersome asteroids in the asteroid belt, does not necessarily have gold deposits, as being covered by international media outlets. Schiff stated that the psyche’s composition is similar to that of the earth’s core, adding that it could contain a whole amount of “iron-nickel alloy, with small amounts of other metals, likely to include gold.”
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