- ➡️ Peter Schiff uses Bitcoin’s falling price to promote gold, but ignores the infrastructure growth happening in Bitcoin Layer 2s.
- ➡️ Bitcoin Hyper integrates the Solana Virtual Machine (SVM) to bring high-speed smart contracts to Bitcoin, fixing the problems that critics often cite.
- ➡️ While seeing Bitcoin’s chops, smart money poured over $31M into the Hyper presale, with whales accumulating key positions.
Peter Schiff has time. Gold flirts with all-time highs while Bitcoin struggles to hold significant support, giving enough room for the infamous gold bug to post an ‘I told you so,’ though not exactly that.
His argument has not changed since 2011: gold is real, while Bitcoin, in his eyes, is a speculative vehicle that relies entirely on a ‘big fool’ to keep it rolling.
To be fair, the data gives him ammo. Global tensions and sticky inflation have sent institutional money back to safe havens. Bitcoin’s volatility makes it an easy target for critics right now.
But staring at the daily chart misses the point. The real story isn’t the price of the $BTC asset, it’s the massive infrastructure overhaul that’s happening under the hood.
While Schiff was taking moments of victory, engineers were fixing the resource gaps he loved to mock. The ‘pet rock’ thesis is crumbling as Layer 2 brings smart contracts to the chain.
This difference, the price of static L1 compared to the construction of active L2, suggests that the smart money revolves around help. Leading the way? Bitcoin Hyper ($HYPER), a project that has quietly bypassed traditional safe havens by raising over $31M in early support.
Solving the Resource Problem with SVM Speed Clustering
The critics (Schiff included) are right about one thing: Bitcoin is slow. A 10-minute block time kills most DeFi applications before they even get started. Bitcoin Hyper breaks down this argument by connecting the Solana Virtual Machine (SVM) directly to Bitcoin Layer 2.
It creates a hybrid beast: Bitcoin’s security, Solana’s speed. We are talking about the second end and the costs that cannot be ignored. It opens up payments and complex DeFi protocols that would not have existed in Bitcoin before.
How? It uses a combination of zk-rollups, SVM and a distributed canonical bridge to deliver speed, and flexibility for developers. It aims to solve the classic blockchain trilemma, taking $BTC from a store of value to an active participant in today’s crypto economy. Find out more in our ‘What is Bitcoin Hyper’ guide.
It’s the same scaling playbook that worked for Ethereum (but not the same method/technology), eventually coming to the market leader. Top players waiting for the $BTC spot to rebound; they are betting on this encounter.
buy your $HYPER from its official PRESALE page
Smart Money Turns in $31M Presale Item
While the broader market fluctuates sideways, big money abounds in the Bitcoin Hyper ecosystem. The numbers are hard to ignore: the official pre-sale page reports raising more than $31M. In a market full of uncertainty, that’s a tough flight to quality infrastructure.
Traders watching the on-chain movement will notice the change. Data from Etherscan reveals whaling bags are finding big game. The largest single purchase, $500K, indicates that the major players are in a position to develop infrastructure while sales are concerned about candles.
The token, currently sitting at $0.0136751, provides entry into the modular system where Bitcoin L1 resides, and SVM L2 runs. But it is also a harvest game. Unlike Schiff’s gold (which just sits there collecting dust), $HYPER offers a high APY immediately after TGE, which includes a unique 7-day structure for pre-sold parties.
The collection pattern appears to be different. It’s like the early days of Stacks or Matic, the smart money that drives the new ‘GDP’ of the Bitcoin network. By enabling developers to write in Rust and run dApps that reside on Bitcoin, the project creates intrinsic value that may be difficult to extract even for a solid gold bug.
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This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments, including pre-sales and Layer 2 tokens, carry significant risks due to market volatility. Always do your own due diligence.
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