- Peter Schiff has upgraded the design for his proposed USAcoin.
- Schiff advised President Trump to establish the USAcoin by executive.
- According to Schiff, the USAcoin will make a better reserve coin than Bitcoin.
Renowned Bitcoin critic Peter Schiff has upgraded the design for his proposed cryptocurrency, the USAcoin. In a recent post on X, Schiff advised President Trump to establish the USAcoin by executive order and build a strategic reserve.
Schiff’s new design post follows up on his initial proposal in which he noted that creating the USAcoin instead of implementing a strategic Bitcoin reserve will allow the U.S. to save a lot of money. The Bitcoin critic suggested that the proposed cryptocurrency mimics Bitcoin with a 21 million supply cap. However, he advocated for an upgraded blockchain to make USAcoin viable for payme…
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