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BTC reaches 100,000 USD despite enduring critics

Despite BTC hitting 100,000 USD in December 2024, critics like Peter Schiff and Jamie Dimon remain skeptical. They continue to voice concerns about Bitcoin’s role in the financial landscape, arguing that it undermines traditional currencies and banking systems, highlighting persistent negative views.

Paul Krugman, a Nobel laureate, continues to criticize BTC, suggesting it aids criminal activities. Similarly, European Central Bank officials have expressed doubts about Bitcoin’s ability to serve as a global decentralized digital currency, questioning its legitimacy as an investment option.

Jamie Dimon and Rafi Farber express skepticism, despite BTC’s remarkable rise to 100,000 USD. Dimon, known for dismissing Bitcoin as a ‘pet rock,’ remains unwavering in his critique, while Farber anticipates a potential collapse, challenging Bitcoin’s stability against gold.

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