Bitcoin Skeptic Peter Schiff Says 100% of His Son’s Portfolio Is Now in $BTC

Famous gold bug and cryptocurrency skeptic Peter Schiff says that his son, Spencer, has gone all-in on Bitcoin.

Peter Schiff is the CEO of Euro Pacific Capital, a full-service, registered broker/dealer specializing in foreign markets and securities, and founder and Chairman of SchiffGold, a full-service, discount precious metals dealer.

In his Twitter bio, Spencer Schiff (@SpencerKSchiff) says his interests include “include finance, data-analytics, Austrian economics, and libertarianism.” Back on 27 August 2020, two days after his 18th birthday, Spencer, who only had around $450 in BTC at the time, said that Bitcoin was “a pretty small percentage” of his investment portfolio.

My Bitcoin is a pretty small percentage of my portfolio. I have much more money in gold mining stocks. (However I am considering putting some more into Bitcoin this week.)

— Spencer Schiff (@SpencerKSchiff) August 27, 2020