Peter Schiff is a person who doesn't like Bitcoin and other digital currencies. He says that people who want the former US president, Donald Trump, to buy Bitcoin with the country's money are wrong. He thinks this is like when politicians try to get more votes by promising to do things that are expensive or not fair. He believes that the US was not meant to be a democracy, where people vote for who they like.

So, Peter Schiff is unhappy with people who want Donald Trump to buy Bitcoin with the US government's money. He thinks it's not right and it's not how the US should work. Read from source...

- He criticizes Trump supporters for expecting him to buy Bitcoin with taxpayer money, while ignoring Biden's promise to forgive student loans, which he considers a similar form of buying votes.
- He claims that this kind of behavior is not consistent with the original idea of democracy in the US, implying that it is a negative development.
- He refers to a rumor that Trump would announce Bitcoin as a strategic reserve asset at the upcoming Bitcoin 2024 conference, but also mentions that the chances of this happening are low according to a cryptocurrency prediction market.
- He also questions the resolve of Bitcoin HODLers in the face of a potential market downturn, referring to a poll he conducted where most respondents said they would continue to hold the asset even if its value dropped significantly.
- He ends by mentioning that Bitcoin was trading at $64,248.61 at the time of writing, following a drop of 2% in the last 24 hours.

Negative

### Final answer: Negative