The bitcoin (BTC) arch-skeptic Peter Schiff and crypto man-of-the-moment Elon Musk have come to virtual blows on (you guessed it) Twitter in a war-of-words over BTC…and vegetable emojis.
Yes, 2021 has just out-2021ed itself, and crypto advocates on the social media platform are having a field day, despite giant BTC liquidations and tumbling/rebounding crypto prices.
Schiff, CEO of Euro Pacific Capital, is arguably the world’s most well-known goldbug – and has repeatedly sought to extol the value of gold-buying over almost all other asset classes, particularly BTC.
He has made a habit of making his voice heard with “I-told-you-so” statements whenever BTC prices start on a downward curve. So with prices now falling to the key USD 45,000 threshold, Schiff – right on cue – took to Twitter to crow,
“So Musk basically called me a dick. I must have hit a nerve with that tweet. For someone of his intellect, I would have expected a more thoughtful reply, not something one would hear at a playground.”
However, as many commentators were gleefully quick to point out, in common net parlance, the eggplant emoji is not used to refer to the male phallus in quite the way Schiff understood – but rather to a sexual act that involves it.
A rule of thumb with all high-profile Twitter-based crypto spats is that Binance chief Changpeng “CZ” Zhao is bound to wade in at some point with a banal contribution. But in the Musk-Schiff showdown, his intervention could not have been better-timed from a comic standpoint.
@elonmusk @PeterSchiff I had to google this. Learn something everyday. # https://t.co/XdLcaIldK1
— CZ Binance (@cz_binance)
And this prompted Schiff to bristle,