Peter Schiff says Bitcoin does not function as debt collateral, arguing that the need to sell BTC to raise dollars undercuts the digital credit thesis. He point

Peter Schiff says Bitcoin does not function as debt collateral, arguing that the need to sell BTC to raise dollars undercuts the digital credit thesis. He pointed to Strategy’s sale of 1,690 BTC for $108.6 million and $653 million in MSTR shares.