Peter Schiff, a well-known critic of Bitcoin, has taken a notable step by creating his own “Bitcoin Strategic Reserve”. This move comes as he continues to voice concerns about government cryptocurrency initiatives.

By moving his cryptocurrency to a hardware wallet, Schiff demonstrates a level of commitment to holding Bitcoin for the long term, despite his usual skepticism. This action raises questions about the future of Bitcoin and its viability as a long-term investment.

As the discussion around cryptocurrency evolves, Schiff’s actions will be closely observed by those within the financial community.