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😱 Peter Schiff is once again 'burying' Bitcoin
The golden perma-bear has once again criticized BTC. According to him, despite the media hype, support from Wall Street, and even sympathy from politicians, Bitcoin is still lingering below the ATH of November 2021 — $69,000 🕯
Schiff traditionally bets on gold and predicts the collapse of crypto every cycle. But the market has already developed a conditional 'Schiff indicator': the louder he criticizes BTC, the more often it aligns not with the end, but with the accumulation phase ⏳
History shows — his tweets more often signal a day, rather than a burial.
#bitcoin #BTC #PeterSchiff #crypto
Subscribe — we fix not emotions, but cycles.
The golden perma-bear has once again criticized BTC. According to him, despite the media hype, support from Wall Street, and even sympathy from politicians, Bitcoin is still lingering below the ATH of November 2021 — $69,000 🕯
Schiff traditionally bets on gold and predicts the collapse of crypto every cycle. But the market has already developed a conditional 'Schiff indicator': the louder he criticizes BTC, the more often it aligns not with the end, but with the accumulation phase ⏳
History shows — his tweets more often signal a day, rather than a burial.
#bitcoin #BTC #PeterSchiff #crypto
Subscribe — we fix not emotions, but cycles.
Feed-Creator-b972dbf4d AVGINYATA:
Btc remains as strong as ever.When down accmulation starts.Expect steady++ to 126 in2006.Beyond 2006 18/24% growth.Compound to get 2040 price.
Peter Schiff: Trump’s Bitcoin Race With China Is a ‘Waste of Capital’
Economist and gold advocate Peter Schiff recently dismissed President Donald Trump's ambition to outcompete China in the cryptocurrency space, stating that the "Chinese leadership is too smart to care about Bitcoin". Schiff's remarks, made on February 4, 2026, argue that the U.S. is "wasting capital and resources" on digital assets while China focuses on industrial growth and gold accumulation.
Key Arguments from Peter Schiff
Schiff’s critique centers on what he views as a strategic misallocation of American resources compared to Chinese priorities:
Wasted Resources: He claims that the push to make the U.S. the "Bitcoin capital of the world" diverts capital away from productive sectors like manufacturing.
China's Focus on Gold: Schiff noted that while the U.S. promotes crypto, China has aggressively ramped up its gold reserves, marking 14 consecutive months of purchases as of early 2026.
The "Futile" Competition: He slammed Trump's argument that the U.S. must dominate blockchain technology to prevent China from leading, asserting that Beijing has no interest in Bitcoin given its 2021 ban on trading and mining.
Context: Trump vs. China Crypto Stance (2026)
The debate comes amidst a volatile period for the crypto market in early 2026:
Trump’s Policy: President Trump continues to advocate for a Strategic Bitcoin Reserve and pro-crypto regulations to maintain American technological dominance over China.
China’s Stance: Beijing remains committed to its total ban on cryptocurrency transactions, recently reaffirming this stance in response to renewed trading activity and stablecoin risks. Instead, China is prioritizing its central bank digital currency, the Digital Yuan.
Market Sentiment: Schiff's comments coincided with a "brutal sell-off" in February 2026, where Bitcoin nearly erased all gains made since Trump's second inauguration.
$BTC
$XAU
#PeterSchiff #WhenWillBTCRebound #Trump's #GoldStandard #CryptoNews
Economist and gold advocate Peter Schiff recently dismissed President Donald Trump's ambition to outcompete China in the cryptocurrency space, stating that the "Chinese leadership is too smart to care about Bitcoin". Schiff's remarks, made on February 4, 2026, argue that the U.S. is "wasting capital and resources" on digital assets while China focuses on industrial growth and gold accumulation.
Key Arguments from Peter Schiff
Schiff’s critique centers on what he views as a strategic misallocation of American resources compared to Chinese priorities:
Wasted Resources: He claims that the push to make the U.S. the "Bitcoin capital of the world" diverts capital away from productive sectors like manufacturing.
China's Focus on Gold: Schiff noted that while the U.S. promotes crypto, China has aggressively ramped up its gold reserves, marking 14 consecutive months of purchases as of early 2026.
The "Futile" Competition: He slammed Trump's argument that the U.S. must dominate blockchain technology to prevent China from leading, asserting that Beijing has no interest in Bitcoin given its 2021 ban on trading and mining.
Context: Trump vs. China Crypto Stance (2026)
The debate comes amidst a volatile period for the crypto market in early 2026:
Trump’s Policy: President Trump continues to advocate for a Strategic Bitcoin Reserve and pro-crypto regulations to maintain American technological dominance over China.
China’s Stance: Beijing remains committed to its total ban on cryptocurrency transactions, recently reaffirming this stance in response to renewed trading activity and stablecoin risks. Instead, China is prioritizing its central bank digital currency, the Digital Yuan.
Market Sentiment: Schiff's comments coincided with a "brutal sell-off" in February 2026, where Bitcoin nearly erased all gains made since Trump's second inauguration.
$BTC
$XAU
#PeterSchiff #WhenWillBTCRebound #Trump's #GoldStandard #CryptoNews
🔥 PETER SCHIFF SLAMS TRUMP’S $BTC BITCOIN PUSH 🚨
Peter Schiff just ripped into former President Trump’s pro-Bitcoin stance, saying China doesn’t care about BTC and is focused on gold & real assets instead. �
🇺🇸 Trump recently pushed for the U.S. to become the Bitcoin capital of the world, warning China could take the lead. Schiff responded:
➡️ “Chinese leadership is too smart to care about Bitcoin. While US wastes capital & resources, they’re building factories and buying gold.” �
📊 Schiff’s key points:
💡 Bitcoin is in a bearish trend vs gold when priced in gold terms. �
💡 Gold remains a global safe haven with continued demand and reserves growth. �
💡 China isn’t racing for BTC — it’s expanding gold holdings and traditional assets. �
🚀 Trend Watch: With gold rising and BTC struggling to outperform in gold terms, this narrative shift is fueling intense debate across markets. �
#Peter_Schiff_News #PeterSchiff #china #TRUMP #Write2Earn
Peter Schiff just ripped into former President Trump’s pro-Bitcoin stance, saying China doesn’t care about BTC and is focused on gold & real assets instead. �
🇺🇸 Trump recently pushed for the U.S. to become the Bitcoin capital of the world, warning China could take the lead. Schiff responded:
➡️ “Chinese leadership is too smart to care about Bitcoin. While US wastes capital & resources, they’re building factories and buying gold.” �
📊 Schiff’s key points:
💡 Bitcoin is in a bearish trend vs gold when priced in gold terms. �
💡 Gold remains a global safe haven with continued demand and reserves growth. �
💡 China isn’t racing for BTC — it’s expanding gold holdings and traditional assets. �
🚀 Trend Watch: With gold rising and BTC struggling to outperform in gold terms, this narrative shift is fueling intense debate across markets. �
#Peter_Schiff_News #PeterSchiff #china #TRUMP #Write2Earn
Bitcoin Capital or Industrial Ghost Town? The High-Stakes Bet Between U.S. and China
Is the U.S. securing the future of finance, or is it being distracted by "digital gold" while the real world slips away? $ZKP
The current divide in global strategy is stark:
The U.S. Gambit: The Trump administration is positioning America as the "Bitcoin Capital," betting that a Strategic Bitcoin Reserve and a crypto-friendly dollar will ensure 21st-century dominance. $GIGGLE
The Schiff Critique: Peter Schiff warns this is a massive misallocation of resources. While the U.S. chases digital tokens, China is hoarding physical gold and expanding its industrial base.
The China Strategy: Beijing remains laser-focused on "hard" power—dominating global manufacturing (EVs, chips, batteries) and securing the world’s commodity supply. $G
The trillion-dollar question: Is Bitcoin a revolutionary asset that will protect American wealth, or is it a "speculative trap" that allows China to win the real-world economic war?
#EconomicWar #GlobalStrategy #PeterSchiff
Is the U.S. securing the future of finance, or is it being distracted by "digital gold" while the real world slips away? $ZKP
The current divide in global strategy is stark:
The U.S. Gambit: The Trump administration is positioning America as the "Bitcoin Capital," betting that a Strategic Bitcoin Reserve and a crypto-friendly dollar will ensure 21st-century dominance. $GIGGLE
The Schiff Critique: Peter Schiff warns this is a massive misallocation of resources. While the U.S. chases digital tokens, China is hoarding physical gold and expanding its industrial base.
The China Strategy: Beijing remains laser-focused on "hard" power—dominating global manufacturing (EVs, chips, batteries) and securing the world’s commodity supply. $G
The trillion-dollar question: Is Bitcoin a revolutionary asset that will protect American wealth, or is it a "speculative trap" that allows China to win the real-world economic war?
#EconomicWar #GlobalStrategy #PeterSchiff
🚨🇨🇳 PETER SCHIFF DROPS A BOMB 🚨
Peter Schiff says China is “too smart” to care about Bitcoin.
Instead?
They’re buying and stacking GOLD 🥇
While retail debates memes and narratives, sovereigns are quietly moving into hard assets.
Paper promises fade.
Code debates rage.
Gold gets accumulated.
Pay attention to what nations do — not what influencers say.
#GoldOverBitcoin #ChinaMoves #PeterSchiff #HardAssets #WealthPreservation
$XAU $XAG $BTC
Peter Schiff says China is “too smart” to care about Bitcoin.
Instead?
They’re buying and stacking GOLD 🥇
While retail debates memes and narratives, sovereigns are quietly moving into hard assets.
Paper promises fade.
Code debates rage.
Gold gets accumulated.
Pay attention to what nations do — not what influencers say.
#GoldOverBitcoin #ChinaMoves #PeterSchiff #HardAssets #WealthPreservation
$XAU $XAG $BTC
ishaquebaloch:
well come sir still under standing
Peter Schiff has taken aim at Trump’s pro-Bitcoin stance, arguing that it reflects misplaced priorities. The economist said China is focusing on building real strength through gold accumulation and industrial growth, rather than diverting capital into crypto assets.
He contrasted the U.S. excitement around digital currencies with China’s ongoing gold purchases, noting that Beijing continued to steadily increase its official reserves throughout 2025, based on World Gold Council data.
Schiff’s remarks reinforce his long-standing skepticism toward Bitcoin and come as debate heats up over whether cryptocurrencies or traditional assets should play a central role in shaping national economic policy.
$BTC
#BitcoinDebate #PeterSchiff #CryptoNews #GoldVsBitcoin #GlobalEconomy
He contrasted the U.S. excitement around digital currencies with China’s ongoing gold purchases, noting that Beijing continued to steadily increase its official reserves throughout 2025, based on World Gold Council data.
Schiff’s remarks reinforce his long-standing skepticism toward Bitcoin and come as debate heats up over whether cryptocurrencies or traditional assets should play a central role in shaping national economic policy.
$BTC
#BitcoinDebate #PeterSchiff #CryptoNews #GoldVsBitcoin #GlobalEconomy
🚨Economist Peter Schiff criticized former President Trump’s push for U.S. dominance in $BTC and digital assets, calling it misguided as China focuses on building factories and buying gold($XAU ). 🇺🇸🇨🇳
While the U.S. holds around 198,000 BTC, China’s holdings from seizures are close to 190,000-194,000 BTC.🤯
Meanwhile, China continues expanding its gold reserves, reaching 2,306 tonnes valued at over $319 billion by December 2025, signaling a preference for traditional assets over crypto.🏅🤨
#TrumpEndsShutdown #PeterSchiff #GoldSilverRebound #BTC #china
While the U.S. holds around 198,000 BTC, China’s holdings from seizures are close to 190,000-194,000 BTC.🤯
Meanwhile, China continues expanding its gold reserves, reaching 2,306 tonnes valued at over $319 billion by December 2025, signaling a preference for traditional assets over crypto.🏅🤨
#TrumpEndsShutdown #PeterSchiff #GoldSilverRebound #BTC #china
CHINA IS SKIPPING $BTC FOR GOLD ACCORDING TO PETER SCHIFF 🚨
Beijing is doubling down on physical metal. Schiff claims $BTC is too speculative while geopolitical tensions rise. They are prioritizing traditional hedges for monetary security. This highlights a massive divergence in global reserve strategy right now. Western crypto adoption versus Eastern gold hoarding. Big moves incoming.
#GoldVsBTC #PeterSchiff #Geopolitics #ReserveHedge 🤯
Beijing is doubling down on physical metal. Schiff claims $BTC is too speculative while geopolitical tensions rise. They are prioritizing traditional hedges for monetary security. This highlights a massive divergence in global reserve strategy right now. Western crypto adoption versus Eastern gold hoarding. Big moves incoming.
#GoldVsBTC #PeterSchiff #Geopolitics #ReserveHedge 🤯
Here’s a 💥 Peter Schiff Doubles Down on Bearish BTC Treasury View
Legendary gold bug Peter Schiff just took a shot at Bitcoin and corporate BTC strategies, saying:
> Strategy is down about 3% on its Bitcoin investment. I’m sure the losses over the next five years will be much greater.”
Let’s unpack that.
📉 What Schiff Is Arguing
Schiff’s point isn’t just that Bitcoin lost some value — it’s a broader criticism of:
🔹 Holding Bitcoin as a **corporate treasury reserve**
🔹 Long-term viability of institutional BTC stacking
🔹 Bitcoin as a “safe asset” compared to traditional hedges like gold
To him, a 3% unrealized loss today is just a teaser — and bigger losses could come later if BTC remains volatile or macro pressures persist.
🧠 Why This Matters (or Doesn’t)
From Schiff’s POV:
* BTC behaves like a speculative risk asset
* Corporates that banked on BTC as a “store of value” may regret it if volatility keeps biting
* Bitcoin treasuries are a speculative gamble, not a risk-off strategy
But from the crypto crowd:
* Short-term unrealized losses are part of any long-term treasury strategy
* Bitcoin volatility is well-known — it’s baked into risk models
* Institutional accumulation often leans on time horizon, not price stability*l
So you have two worldviews:
🟨 Traditional macro skeptic
🟦 Crypto long-term believer
Both can read the same chart — and see different stories.
🧨 Crypto Community Mood
Schiff:
> “Loss now means bigger losses later.”
Hodler:
> “Unrealized losses don’t matter until you sell.”
Traders:
> “We care about levels, leverage, and liquidity — not ideology.”
🔥 Viral Angle
This is classic macro clash energy:
Gold bugs vs Bitcoin believers
Volatility skeptics vs Diamond hands
Throwback financial theory vs Digital native conviction
👉 When big names take public stances…
➡️ Traders move
➡️ Narrative shifts
➡️ BTC volatility reacts
#Bitcoin #BTC #PeterSchiff #Macro #DigitalGold $BTC
Legendary gold bug Peter Schiff just took a shot at Bitcoin and corporate BTC strategies, saying:
> Strategy is down about 3% on its Bitcoin investment. I’m sure the losses over the next five years will be much greater.”
Let’s unpack that.
📉 What Schiff Is Arguing
Schiff’s point isn’t just that Bitcoin lost some value — it’s a broader criticism of:
🔹 Holding Bitcoin as a **corporate treasury reserve**
🔹 Long-term viability of institutional BTC stacking
🔹 Bitcoin as a “safe asset” compared to traditional hedges like gold
To him, a 3% unrealized loss today is just a teaser — and bigger losses could come later if BTC remains volatile or macro pressures persist.
🧠 Why This Matters (or Doesn’t)
From Schiff’s POV:
* BTC behaves like a speculative risk asset
* Corporates that banked on BTC as a “store of value” may regret it if volatility keeps biting
* Bitcoin treasuries are a speculative gamble, not a risk-off strategy
But from the crypto crowd:
* Short-term unrealized losses are part of any long-term treasury strategy
* Bitcoin volatility is well-known — it’s baked into risk models
* Institutional accumulation often leans on time horizon, not price stability*l
So you have two worldviews:
🟨 Traditional macro skeptic
🟦 Crypto long-term believer
Both can read the same chart — and see different stories.
🧨 Crypto Community Mood
Schiff:
> “Loss now means bigger losses later.”
Hodler:
> “Unrealized losses don’t matter until you sell.”
Traders:
> “We care about levels, leverage, and liquidity — not ideology.”
🔥 Viral Angle
This is classic macro clash energy:
Gold bugs vs Bitcoin believers
Volatility skeptics vs Diamond hands
Throwback financial theory vs Digital native conviction
👉 When big names take public stances…
➡️ Traders move
➡️ Narrative shifts
➡️ BTC volatility reacts
#Bitcoin #BTC #PeterSchiff #Macro #DigitalGold $BTC
🚨 SAYLOR BOUGHT THE TOP? SCHIFF ROASTS $BTC BUY! 🚨
⚠️ MICHAEL SAYLOR JUST ADDED 855 $BTC FOR $75.3M NEAR $88K.
• $BTC immediately dipped below $75K after the purchase.
• Peter Schiff is hammering Saylor for buying high and missing the dip.
• $MSTR stack margin is razor thin—only 2.8% profit cushion.
The market is questioning the timing. Will Saylor double down or finally face the heat? The tension is real.
#Bitcoin #MichaelSaylor #PeterSchiff #CryptoNews #MSTR
🔥
⚠️ MICHAEL SAYLOR JUST ADDED 855 $BTC FOR $75.3M NEAR $88K.
• $BTC immediately dipped below $75K after the purchase.
• Peter Schiff is hammering Saylor for buying high and missing the dip.
• $MSTR stack margin is razor thin—only 2.8% profit cushion.
The market is questioning the timing. Will Saylor double down or finally face the heat? The tension is real.
#Bitcoin #MichaelSaylor #PeterSchiff #CryptoNews #MSTR
🔥
Peter Schiff's wife is buying Bitcoin!
Peter Schiff is a well-known Bitcoin hater. And when someone pointed out in a conversation that his wife is buying Bitcoin behind his back, Schiff openly admitted it:
"Actually she did. No one is perfect."
So that’s how it works: he dumps Bitcoin, and she buys the dip 😁
#peterschiff #Bitcoin❗ #BitcoinHalvingTrends #BTC☀️ #BTC $BTC
Peter Schiff is a well-known Bitcoin hater. And when someone pointed out in a conversation that his wife is buying Bitcoin behind his back, Schiff openly admitted it:
"Actually she did. No one is perfect."
So that’s how it works: he dumps Bitcoin, and she buys the dip 😁
#peterschiff #Bitcoin❗ #BitcoinHalvingTrends #BTC☀️ #BTC $BTC
🚨 US Government's $4.38B Bitcoin Stash: To Sell or Not to Sell? 💼💰
As Uncle Sam takes full custody of 69,370 Bitcoins seized from the Silk Road, speculation is heating up! 🚀 Critics like #peterschiff are having a field day, suggesting the government might offload the stash before the 2024 elections—just like Germany’s crypto sell-off! 🇩🇪
Schiff even took a playful jab at Bitcoin mega-bull #MichaelSaylor , saying #MicroStrategy should borrow $4.3B and buy the whole lot! 😆 But the big question remains:Will Saylor step in? 🧐
With Bitcoin potentially dropping below $50K if a liquidation happens, traders are on edge. 🛑 And with the election around the corner, selling off Bitcoin could sway those crypto-friendly voters! 🗳
#Bitcoin❗ $BTC
Schiff even took a playful jab at Bitcoin mega-bull #MichaelSaylor , saying #MicroStrategy should borrow $4.3B and buy the whole lot! 😆 But the big question remains:Will Saylor step in? 🧐
With Bitcoin potentially dropping below $50K if a liquidation happens, traders are on edge. 🛑 And with the election around the corner, selling off Bitcoin could sway those crypto-friendly voters! 🗳
#Bitcoin❗ $BTC
“Goodbye Bitcoin Reserve” – Peter Schiff Mocks BTC’s Digital Gold Status Once Again
Peter Schiff, the well-known economist and outspoken Bitcoin critic, has once again taken aim at the leading cryptocurrency. This time, he questioned BTC’s reputation as “digital gold,” suggesting that its role as a strategic reserve is rapidly losing credibility.
Schiff Fires Back: “Gold Soars, Bitcoin Drops”
In a recent comment, Schiff argued that Bitcoin is failing to act as a hedge against inflation, especially as concerns over stagflation and tariffs intensify.
“Tariff uncertainty is weighing on financial markets. Gold is hitting record highs while Bitcoin is falling. Goodbye strategic Bitcoin reserve,” he remarked sarcastically.
According to Schiff, the very idea of holding Bitcoin as a reserve asset may no longer make sense.
Crypto Community Fires Back: “Bitcoin Is More Than Just a Daily Chart”
His remarks, unsurprisingly, sparked backlash across the crypto world. On-chain analyst Erik Huisman fired back:
“While people like Trump and Larry Fink are playing 4D chess, Peter’s staring at a daily chart. Grow up, Peter. Real leaders see something you clearly don’t.”
Prominent Bitcoin advocate Dan Held also joined the conversation, mocking Schiff with a meme and suggesting that Schiff’s constant criticisms have lost their impact.
The Ironic Twist: Schiff Shows Interest in Holding BTC?
What raised eyebrows even more was that on his 62nd birthday, Peter Schiff surprised many by expressing interest in holding BTC in a hardware wallet — a remarkable shift for someone known for attacking Bitcoin for years.
Was it symbolic? A genuine change of heart? No one knows for sure.
Market Snapshot
Bitcoin has been highly volatile in recent days. After briefly touching $88,000, it dropped to $83,000, then rebounded slightly to $83,148.79, marking a 0.28% gain over 24 hours.
Conclusion: Is Schiff Softening His View, or Just Playing the Same Old Tune?
Given the turbulent market and Schiff’s recent comments, some wonder if the long-time critic is rethinking his stance on Bitcoin — or simply doubling down on his usual skepticism.
Regardless, the crypto community remains firm: Bitcoin continues to be viewed as digital gold by its believers, even amid price swings. And short-term volatility isn’t enough to shake long-term conviction.
#BTC , #BitcoinReserve , #GOLD , #CryptoNewss , #PeterSchiff
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Schiff Fires Back: “Gold Soars, Bitcoin Drops”
In a recent comment, Schiff argued that Bitcoin is failing to act as a hedge against inflation, especially as concerns over stagflation and tariffs intensify.
“Tariff uncertainty is weighing on financial markets. Gold is hitting record highs while Bitcoin is falling. Goodbye strategic Bitcoin reserve,” he remarked sarcastically.
According to Schiff, the very idea of holding Bitcoin as a reserve asset may no longer make sense.
Crypto Community Fires Back: “Bitcoin Is More Than Just a Daily Chart”
His remarks, unsurprisingly, sparked backlash across the crypto world. On-chain analyst Erik Huisman fired back:
“While people like Trump and Larry Fink are playing 4D chess, Peter’s staring at a daily chart. Grow up, Peter. Real leaders see something you clearly don’t.”
Prominent Bitcoin advocate Dan Held also joined the conversation, mocking Schiff with a meme and suggesting that Schiff’s constant criticisms have lost their impact.
The Ironic Twist: Schiff Shows Interest in Holding BTC?
What raised eyebrows even more was that on his 62nd birthday, Peter Schiff surprised many by expressing interest in holding BTC in a hardware wallet — a remarkable shift for someone known for attacking Bitcoin for years.
Was it symbolic? A genuine change of heart? No one knows for sure.
Market Snapshot
Bitcoin has been highly volatile in recent days. After briefly touching $88,000, it dropped to $83,000, then rebounded slightly to $83,148.79, marking a 0.28% gain over 24 hours.
Conclusion: Is Schiff Softening His View, or Just Playing the Same Old Tune?
Given the turbulent market and Schiff’s recent comments, some wonder if the long-time critic is rethinking his stance on Bitcoin — or simply doubling down on his usual skepticism.
Regardless, the crypto community remains firm: Bitcoin continues to be viewed as digital gold by its believers, even amid price swings. And short-term volatility isn’t enough to shake long-term conviction.
#BTC , #BitcoinReserve , #GOLD , #CryptoNewss , #PeterSchiff
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Peter Schiff sounds the alarm again: is Bitcoin a new bubble? 💣💎
Famous cryptocurrency critic Peter Schiff compared Bitcoin to the dot-com bubble of the 2000s, stating that the market cap of BTC at $2 trillion has already surpassed the peak of internet companies at $1.7 trillion. In his opinion, this could herald a massive crash in the crypto market. 📉💥
But the crypto community disagreed:
1️⃣ Bitcoin is "digital gold", a unique asset with no competitors. 💰
2️⃣ On December 16, BTC reached a record: one coin = 40 ounces of gold. 🚀
The biggest risk?
MicroStrategy and its $46.8 billion in BTC. Michael Saylor's company is making a big bet on Bitcoin, and if Schiff is right, the consequences could be massive. 🤔
Reality: Institutional investments and the current market dynamics suggest otherwise. So far, BTC continues to hold its ground, while Schiff remains in the role of the "voice of alarm". 🔔
Who is right? Time will tell. What do you think? 💬👇
#BitcoinBubble
#CryptoNews
#PeterSchiff
#DigitalGold
$BTC $ETH
Famous cryptocurrency critic Peter Schiff compared Bitcoin to the dot-com bubble of the 2000s, stating that the market cap of BTC at $2 trillion has already surpassed the peak of internet companies at $1.7 trillion. In his opinion, this could herald a massive crash in the crypto market. 📉💥
But the crypto community disagreed:
1️⃣ Bitcoin is "digital gold", a unique asset with no competitors. 💰
2️⃣ On December 16, BTC reached a record: one coin = 40 ounces of gold. 🚀
The biggest risk?
MicroStrategy and its $46.8 billion in BTC. Michael Saylor's company is making a big bet on Bitcoin, and if Schiff is right, the consequences could be massive. 🤔
Reality: Institutional investments and the current market dynamics suggest otherwise. So far, BTC continues to hold its ground, while Schiff remains in the role of the "voice of alarm". 🔔
Who is right? Time will tell. What do you think? 💬👇
#BitcoinBubble
#CryptoNews
#PeterSchiff
#DigitalGold
$BTC $ETH
OPINION: EuroPac chief Peter Schiff calls Bitcoin a “fraud” and predicts MicroStrategy would go bankrupt over its BTC holdings during a four-hour podcast criticizing the cryptocurrency on X Spaces.
#BTC #PeterSchiff #BTCAlert
$BTC
#BTC #PeterSchiff #BTCAlert
$BTC
#USCryptoReserve
Update?????
Peter Schiff ‘Said’
Donald Trump, the first crypto President,
#trump #PeterSchiff #Xrp🔥🔥 #ADA
Update?????
Peter Schiff ‘Said’
Donald Trump, the first crypto President,
#trump #PeterSchiff #Xrp🔥🔥 #ADA
Peter Schiff has once again criticized Michael Saylor as Bitcoin falls below the critical $80K level. Schiff, a longtime skeptic of Bitcoin, questioned its "safe haven" status after the market plunged due to President Trump's new tariffs. Schiff challenged Saylor to prevent Bitcoin from crashing further by buying more with borrowed money, pointing out that if Bitcoin drops more than other assets during market sell-offs, it fails to provide real value to investors.
#PeterSchiff #MichaelSaylor #bitcoin #crypto
#PeterSchiff #MichaelSaylor #bitcoin #crypto
🔍 Peter Schiff Backtracks on Bitcoin Reserve Support!
📢 Economist Peter Schiff has renounced his previous support for a $BTC reserve, blaming "Bitcoin pumpers" for spreading misinformation.
🏛 Initially countering Trump’s push for an $XRP reserve, Schiff now claims Bitcoin promoters manipulated the market to drive prices higher.
⬇️ Is this a genuine concern or just another anti-BTC narrative?
#Bitcoin #Crypto #PeterSchiff #Ripple #XRP
📢 Economist Peter Schiff has renounced his previous support for a $BTC reserve, blaming "Bitcoin pumpers" for spreading misinformation.
🏛 Initially countering Trump’s push for an $XRP reserve, Schiff now claims Bitcoin promoters manipulated the market to drive prices higher.
⬇️ Is this a genuine concern or just another anti-BTC narrative?
#Bitcoin #Crypto #PeterSchiff #Ripple #XRP
#PeterSchiff wants to launch a stablecoin backed by gold
Financial commentator Peter Schiff said he intends to create his own stablecoin backed by gold - as opposed to tokens pegged to the dollar.
🔍 What happened:
- Schiff called the dollar an “imperfect” fiat currency.
- He believes that if a third-party custodian is to be introduced, it is better to choose gold rather than the dollar.
- In response to a comment in X, he confirmed: “I intend to launch my own.”
💡 Context:
- Gold stablecoins already exist - Tether Gold (XAUT), PAX Gold (PAXG) - and have grown by more than 28% since the beginning of the year.
- Schiff has long been critical of the dollar and doubts the ability of stablecoins to maintain its dominance.
- His statement came amid the discussion of a bill on stablecoins in the United States.
#Gold
Financial commentator Peter Schiff said he intends to create his own stablecoin backed by gold - as opposed to tokens pegged to the dollar.
🔍 What happened:
- Schiff called the dollar an “imperfect” fiat currency.
- He believes that if a third-party custodian is to be introduced, it is better to choose gold rather than the dollar.
- In response to a comment in X, he confirmed: “I intend to launch my own.”
💡 Context:
- Gold stablecoins already exist - Tether Gold (XAUT), PAX Gold (PAXG) - and have grown by more than 28% since the beginning of the year.
- Schiff has long been critical of the dollar and doubts the ability of stablecoins to maintain its dominance.
- His statement came amid the discussion of a bill on stablecoins in the United States.
#Gold
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