Peak 2021 Is Already Here as Schiff and Musk Go into Eggplant Twitter Meltdown
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,
“Two weeks after Elon Musk announced that he spent USD 1.5 billion of shareholder money buying bitcoin, Tesla stock entered a bear market, plunging 20% from its all-time high set on January 25, and 16% since disclosing the bitcoin buy. Not an example other CEOs will likely follow!”
He was careful to tag Musk in his post. And the Tesla chief duly responded with a succinct emoji: the notorious eggplant or aubergine icon.
Some might have left it at that. But not Schiff, who responded by writing,
“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,
“So [Musk] really told me to stick it up my ass?”
A number of users asked how it could be that such an entertaining website as Twitter could be free.
Meanwhile, BTC advocate WhalePanda and others just seemed to be happy to grab the popcorn and enjoy the ride.
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