Veteran gold bug and bitcoin (BTC) sceptic, Peter Schiff, has taken delivery of $1,350 definitely worth the cryptocurrency once the trade sent him donations on July 4.

Schiff, who is renowned for warning investors to not trust bitcoin as replacement for gold, triggered the goodwill gestures once becoming the subject of a Twitter discussion with Morgan Creek Digital co-founder, Anthony Pompliano.

Pompliano (also referred to as Pomp), highlighted the actual fact that Schiff actually will own some BTC despite his negative comments.

Schiff responded that it had been a token quantity given as a present - just $100 - once that Pompliano requested his BTC address so as to double it.

Others subsequently followed suit. At press time Friday, Schiff’s wallet contained at balance of $1,350 (0.124 BTC) once 52 transactions.

The SchiffGold chief executive officer thanked Pompliano and others once his balance still totalled just $130.

“I guess I'll need to hodl it and go down with the ship,” he said.

Those comments ran in stark distinction to his ill-famed recent exchanges with bitcoiners and a look on a live debate with ‘The Bitcoin Standard’ author, SaifedeanAmmous.

“It doesn't matter however high the worth of Bitcoin rises unless you sell. Each client should eventually sell to understand any benefit from the increase,” he wrote regarding bitcoin’s current Bull Run last week.

Signs Schiff is actually not entirely anti-bitcoin, meanwhile, are evident for a few time. Schiff Gold, for instance, even offers it as a payment methodology.

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