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Tag Archives: Peter Schiff

Peter Schiff Tells Michael Saylor to Take $4.3B Loan to Buy U.S. Government Bitcoin

Renowned economist and outspoken Bitcoin skeptic Peter Schiff took to X on October 9 to weigh in on the U.S. government’s impending sale of 69,370 Bitcoin, worth roughly $4.3 billion. His post sparked lively responses from Bitcoin supporters and critics alike, reigniting debates over the virtual asset’s value. Silk Road Bitcoin Up For Grabs Schiff’s tweet follows a Supreme Court decision that cleared the way for the U.S. government to sell Bitcoin it seized from the defunct...

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Peter Schiff Questions Market’s Bitcoin Obsession as Gold Hits Record Highs

The yellow metal recently broke past the $2,630 mark, registering a new record high, but Peter Schiff, the well-known gold advocate, is concerned that investors aren’t paying attention. According to him, the market’s obsession with Bitcoin (BTC) has overshadowed the critical signals gold is sending about the state of the economy. Schiff Decries Bitcoin Attention “With so much attention focused on Bitcoin, investors are missing out on gold’s gains and the significance of its...

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Peter Schiff Takes a Dig at Bitcoin as BTC Price Tumbles Amid Rising Iran-Israel Tension

While the past several weekends went quite calmly for Bitcoin and the entire crypto market, this time, things are significantly different. Whether propelled by yesterday’s announcements by a few presidents of the US Federal Reserve or today’s reports of Iran preparing an attack against Israel, the reality is that BTC’s price has tumbled hard, and the altcoins have shed even more value. This seems like the perfect opportunity for a perma-bear like Peter Schiff to open up...

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Peter Schiff Predicts Bitcoin Crash as US ETF Frenzy Gets Slowly Priced In despite High Optimism

While Peter Schiff thinks Bitcoin price will crash before the ETF launch in the United States, analysts at AllianceBernstein issued a prediction of $150k in 2025 driven by the halving event and institutional inflows. The recent Bitcoin (BTC) breakout has significantly raised investors’ optimism for a continued bullish trend in the coming weeks toward the end of the year. Already, the altcoin market led by Ethereum (ETH), Solana (SOL), and Chainlink (LINK) has made significant gains in the...

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Peter Schiff: Crypto Only Works if It’s Backed by Gold

Peter Schiff is not entirely for crypto, nor is he entirely for gold. Rather, he’s for a combination of the two. In other words, the big financial answer to everybody’s problems is gold-backed crypto stationed on the blockchain. Peter Schiff on Gold and Crypto Schiff said in a recent interview that blockchain could make precious metals even stronger than they are presently. He’s not exactly a bitcoin fan, going so far as to say that bitcoin (by itself) is nothing...

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Peter Schiff’s Son Is No Longer A Bitcoin Believer

Once a fervent and laser-eyed Bitcoin (BTC) bull, Spencer Schiff – son of crypto critic and gold bug Peter Schiff – is now in agreement with his father that Bitcoin’s price is headed to zero. His reasoning, however, greatly differs from his father’s, who he believes is “completely wrong about the economy.” No Longer A Bitcoin Believer? Spencer Schiff voiced his new take on Bitcoin in response to ZeroHedge on Twitter, who published a blog post predicting an incoming “Great...

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Warning! Peter Schiff’s Twitter Account Compromised, Lures to Phishing Site

Long-term gold proponent and arguably the most popular full-time Bitcoin basher – Peter Schiff – has had his Twitter account comrpomised. According to Blockfence, Peter Schiff’s Twitter account has been compromised and hijacked. The perpetrator already published a tweet that leads to a phishing website. It’s advised not to click or interact with the link. ⚠️Warning⚠️@PeterSchiff‘s twitter got compromised. Scammers are using it to promote a fake $GOLD presale. However, note...

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