On July 4, Peter Schiff, the CEO of Euro Pacific Capital, a full-service, registered broker/dealer specializing in foreign markets and securities, and founder and Chairman of SchiffGold, a full-service, discount precious metals dealer, and a man who is extremely bullish on gold, bearish on the U.S. dollar, and highly skeptical about Bitcoin, admitted to owning Bitcoin (BTC), Ether (ETH), and Bitcoin Cash (BCH), and said that he was going to HODL his bitcoin no matter what happens to the Bitcoin price.

This is what Schiff said about Bitcoin one day after BTC reached its 2019 high of $13,813:

This is was not all surprising given what Sciff had said about Bitcoin in the past and the fact that SchiffGold sells gold and not Bitcoin, and so it is in Schiff’s interest to promote gold over Bitcoin.

However, something rather interesting happened earlier today (July 5), when Anthony Pompliano (aka “Pomp”), Co-founder & Partner at Morgan Creek Digital, tweeted that despite Schiff’s constatnt criticisms of Bitcoin, Schiff did own some Bitcoin:

Schiff replied that this was true, but his Bitcoin, which he had received as a “gift”, was only worth around $100.

Pomp then asked for Schiff’s BTC wallet address so that he and other Bitcoiners could send Schiff some more Bitcoin:

When Schiff checked his crypto, he discovered that he owned some BTC, BCH, and ETH:

And when Schiff tweeted out his BTC wallet address (“1LZpj4zkgcGzGb9EuLLbwby1BPT3c1uRTy”), he started receiving bitcoin.

Around one and half hours after Pomp’s suggestion for people to start sending Bitcoin, Schiff made a very interesting comment:

By 03:42 UTC, Schiff had over $500 worth of Bitcoin:

Crypto journalist/podcaster Vlad Costea declared Schiff a member of the crypto community:

We’ll leave the last word to Pomp, who started this whole conversation: