Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection


In what seems like a parody but isn’t, Economist, gold proponent and avid crypto skeptic Peter Schiff has unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction.

The reaction from the crypto community has been mixed, with people generally baffled, amused, welcoming — especially Ordinals proponents — or keen to point out the apparent hypocrisy.

For years, Schiff has actively bashed crypto — especially Bitcoin (BTC) — at any chance he gets, with his arguments essentially revolving around BTC being a Ponzi-scheme that has no inherent value.

Despite all of that, Schiff unveiled the “Golden Triumph” collection via a May 27 Twitter thread, in collaboration with one of his “favorite artists” who goes by the pseudonym Market Price.

“This collaboration features the original painting ‘Golden Triumph’ as well as a series of prints and Ordinals inscribed on the Bitcoin blockchain,” he wrote.

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