比特币（BTC）评论家彼得·希夫（Peter Schiff）承认比特币的“第一个真实用例”

彼得·希夫（Peter Schiff）以支持数字资产的黄金而闻名，他一再表示比特币没有效用。

Bitcoin critic Peter Schiff acknowledged what he described as the “first real use case” for Bitcoin. Known for supporting gold over digital assets, Peter Schiff has repeatedly stated that Bitcoin has no utility.

比特币评论家彼得·希夫（Peter Schiff）承认他所说的比特币的“第一个真实用例”。彼得·希夫（Peter Schiff）以支持黄金而闻名，彼得·希夫（Peter Schiff）反复说，比特币没有效用。

However, in a recent post on X, he pointed to a situation involving investment manager Jim Chanos as an example where Bitcoin may serve a practical role.

但是，在X最近的一篇文章中，他指出了一种涉及投资经理吉姆·瓦诺斯（Jim Chanos）的情况，其中比特币可以发挥实际作用。

According to an X post, Bitcoin critic Peter Schiff remarked that Bitcoin might finally have a use — though not the one Bitcoin advocates promote. He referred to investor Jim Chanos, who recently disclosed that he purchased Bitcoin to hedge against his short position in MicroStrategy stock (MSTR).

根据X帖子，比特币评论家彼得·希夫（Peter Schiff）指出，比特币最终可能有用 - 尽管不是比特币的拥护者提倡的。他提到了投资者吉姆·瓦诺斯（Jim Chanos），后者最近透露，他购买了比特币来对冲他在MicroStrategy Stock（MSTR）中的短股份。

Strategy, led by Executive Chairman Michael Saylor, has continued to increase its Bitcoin holdings. The company now owns nearly 570,000 BTC. This has led some market watchers to view MSTR as a proxy for Bitcoin with added corporate risk. Schiff mocked this strategy, stating that Saylor has “accidentally created a real use case for Bitcoin,” where investors use BTC to protect themselves from the risks tied to Saylor’s own firm.

由执行董事长迈克尔·塞勒（Michael Saylor）领导的战略继续增加其比特币持有量。该公司现在拥​​有将近570,000个BTC。这导致一些市场观察家将MSTR视为具有企业风险的比特币的代理。席夫嘲笑了这一策略，并指出，塞勒“意外地为比特币创建了一个真正的用例”，在这种情况下，投资者使用BTC来保护自己免受与Saylor自己的公司相关的风险。

Investment manager Chanos is known for shorting stocks of companies he considers to be overvalued or structurally weak. Like Peter Schiff, he reportedly sees MSTR as overleveraged due to its Bitcoin strategy. By owning Bitcoin while shorting MSTR, Chanos aims to limit his losses in case MicroStrategy's stock price surges.

投资经理Chanos以缩短他认为被高估或结构弱的公司的股票而闻名。据报道，像彼得·希夫（Peter Schiff）一样，由于其比特币战略，他认为MSTR被过度杠杆化。通过在短距离MSTR时拥有比特币，Chanos的目标是限制他的损失，以防MicroStrategy的股票价格激增。

In an X post, Chanos explained that investors are paying too much for each dollar of Bitcoin exposure through Strategy. According to his statement, MSTR stock is currently trading at a premium that far exceeds the actual value of its Bitcoin holdings.

Chanos在X帖子中解释说，通过战略，投资者为每美元的比特币敞口支付过多。根据他的声明，MST股票目前的溢价远远超过了其比特币持有的实际价值。

“Investors are paying $3 of stock price to gain $1 of Bitcoin exposure,” argued Chanos.

Chanos说：“投资者支付3美元的股票价格，以获取1美元的比特币风险。”

Chanos’s hedge strategy implies that while MSTR’s stock may fall due to overvaluation, the Bitcoin he holds could cushion those Ben Simmons limited his losses in case the stock price goes down further.

Chanos的对冲策略意味着，尽管MSTR的股票可能因高估而下降，但他持有的比特币可能会缓冲那些本·西蒙斯（Ben Simmons）的损失，以防股价进一步下降。

Strategy has also faced criticism for borrowing funds to buy Bitcoin. The company recently added 13,390 BTC for approximately $1.34 billion. Bitcoin critic Peter Schiff has voiced these concerns, saying that large BTC price drops could turn paper profits into real financial stress for Strategy.

策略还面临着借入资金购买比特币的批评。该公司最近以约13.4亿美元的价格增加了13,390 BTC。比特币评论家彼得·希夫（Peter Schiff）表达了这些担忧，称大量BTC的价格下跌可能会使纸利润变成真正的财务压力。

Schiff argued that Strategy is no longer operating as a software company but as a Bitcoin-holding entity. He questioned the logic behind buying shares of a company whose main business activity is acquiring Bitcoin, rather than investing directly in Bitcoin or in companies with actual operating revenues.

席夫认为，策略不再是一家软件公司，而是作为比特币持有的实体。他质疑购买一家公司的股票背后的逻辑，该公司的主要业务活动是收购比特币，而不是直接投资于比特币或具有实际运营收入的公司。

"If you want to buy Bitcoin, then buy Bitcoin. If you want to invest in the stock market, buy a company with an actual business," said Schiff.

Schiff说：“如果您想购买比特币，然后购买比特币。如果您想投资股票市场，请购买一家拥有实际业务的公司。”

However, Pro-XRP lawyer John E. Denton, III has praised Michael Saylor comparing his long-term Bitcoin strategy to that of Warren Buffett’s investment approach with Berkshire Hathaway. He stated that Saylor may be aiming to control up to 5% of the total Bitcoin supply in circulation despite the mockery.

但是，III的Pro-XRP律师John E. Denton赞扬了Michael Saylor将他的长期比特币战略与沃伦·巴菲特（Warren Buffett）的投资方法与伯克希尔·哈撒韦（Berkshire Hathaway）进行了比较。他说，尽管受到嘲弄，但塞勒可能的目标是控制流通总比特币供应的5％。

"They mock Michael Saylor for buying more Bitcoin & how he’s going to fund it. But no one can find fault with his goal: To become the largest Bitcoin holder & a top shareholder in the company.

“他们嘲笑迈克尔·塞勒（Michael Saylor）购买更多比特币以及他将如何为其提供资金。但是，没有人能找到自己的目标：成为公司最大的比特币持有者和最高股东。

They’ll be saying ‘I wish I had 1% of Saylor’s Bitcoin's when Saylor hits 5%.”

他们会说：“我希望我有1％的塞勒比特币的比特币达到5％。”

MicroStrategy (MSTR) stock has gained nearly 40% in 2023, which may reflect Bitcoin’s upward trend. However, Peter Schiff argues that this growth is more linked to Bitcoin price movements than to the company’s core business performance. This sparks concerns about the stock’s sustainability if Bitcoin enters a correction phase.

MicroStrategy（MSTR）股票在2023年上涨了近40％，这可能反映了比特币的上升趋势。但是，彼得·席夫（Peter Schiff）认为，这种增长与比特币价格变动相比，与公司的核心业务绩效有关。如果比特币进入更正阶段，这引起了人们对股票可持续性的关注。

Recently, Metaplanet and Twenty One Shares, a company backed by Tether, have reportedly placed significant orders for more units of MicroStrategy stock. These fresh purchases are part of a broader strategy by several firms to capitalize on what they see as an undervalued opportunity in the market.

最近，据报道，Metaplanet和Tether的二十一股股票已下达了更多单位MicroStrategy股票的订单。这些新鲜购买是几家公司的更广泛战略的一部分，以利用他们认为在市场上被低估的机会。