Binance CEO Changpeng Zhao and Ethereum co-founder Charles Hoskinson have taken aureate bug Peter Schiff to task for his professionalized Bitcoin (BTC) naysaying.

On May 6, Zhao, better known in the industry as CZ, responded to Schiff'southward online access that he likes to "rile up" folk in the crypto space, quipping that:

"He [Schiff] tweets more #bitcoin than gold. And his commenters/followers are all bitcoin people. He is the sheep in wolf's skin."

Schiff — a libertarian economist and broker/dealer who made his name as a vocal public advocate of gold — has in recent years devoted pregnant airspace to criticizing Bitcoin. In his admission yesterday, he wrote that in one case Bitcoin ostensibly "collapses," his crypto-adversarial stance will be obsolete:

"So I need to make hay while the sunday shines, as information technology won't shine for long."

Picking up CZ'south thread, Hoskinson, who went on to found the altcoin Cardano (ADA) after his early piece of work at Ethereum, responded:

"I've known him [Schiff] since 2007. Dr. Doom has the same former pattern. The sky is falling, the economy is doomed! Only golden can save us. Everything else is a scam. Bitcoin is bad considering reasons xyz. Same pitch for a decade."

Hoskinson tellingly grouped Schiff with "Dr. Doom," the nickname earned by the well-known economist Dr. Nouriel Roubini for his successful prediction of the 2008 financial crisis.

Roubini, similar Schiff, has become a quasi-professional cryptocurrency contrarian, making frequent appearances on the crypto conference circuit to spar with developers and advocates of decentralized finance.

Both men'southward public image, CZ and Hoskinson imply, has evolved to feed on the industry they aspire to debunk.

In contempo weeks, Schiff has gone on record to taunt Bitcoin investors during the COVD-19 marketplace mayhem, claiming that "only fools" are choosing the cryptocurrency.

True to form, Dr. Doom this week aired a personal broadcast exclusively devoted to "Crypto, Shitcoins & Blockchain are The Female parent of All Bubbles Now Gone Bust."