Peter Schiff: If Strategy invests in gold instead of BTC, it may achieve safer paper profits.

ChainCatcher news, economist Peter Schiff posted on the X platform, pointing out that the Bitcoin purchased by Michael Saylor for Strategy has gained about 47% profit. If he had bought gold and invested the same amount at the same time, the account profit would be about 30%, and the difference between the two is not significant. But the difference is that Michael Saylor can easily sell $61.5 billion worth of gold without affecting the overall gold market price, thereby realizing actual gains. However, if he attempts to sell $69.5 billion worth of Bitcoin, the market would collapse because such a large-scale transaction could lead to a chain reaction in the community and trigger massive liquidations, causing all the book profits of Strategy to vanish and suffer huge losses.