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Economist and cryptocurrency critic Peter Schiff has accused STRC of being a 'classic centralized Ponzi scheme' operated by MSTR. On May 11, Schiff took to social media to criticize Michael Saylor, claiming that Saylor avoided addressing his allegations about STRC. Schiff contrasted his views on Bitcoin, which he describes as a decentralized Ponzi structure, with STRC, which he believes is a centralized scheme.Schiff's comments highlight ongoing tensions between cryptocurrency skeptics and proponents. Michael Saylor, a prominent Bitcoin advocate, has previously dismissed Schiff's criticisms, suggesting that Schiff's negative stance extends to the entire cryptocurrency space.

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