why is peter schiff against bitcoin

Last Updated on May 11, 2024 by Paganoto

Why Crypto Is A Losing Game with Economist Peter Schiff

Why Crypto Is A Losing Game with Economist Peter Schiff

As an investment advisor and financial expert for decades, Peter thinks this is not the case. This is precisely the reason why Peter doesn't believe in cryptocurrency. It's not backed by anything other than people buying it, which undermines its value.

Should You Invest in Bitcoin? Here's What Peter Schiff Thinks

Should You Invest in Bitcoin? Here's What Peter Schiff Thinks

Peter Schiff is a long-term Bitcoin (BTC) skeptic who doesn’t look likely to change his mind. In short, Schiff believes the cryptocurrency …

Why Peter Schiff Thinks His Son Is Wrong to Go All In on Bitcoin

Why Peter Schiff Thinks His Son Is Wrong to Go All In on Bitcoin

Like many Bitcoin skeptics, the famous investor and commentator’s objection to Bitcoin is that it has no intrinsic value. He said, “At the end …

Peter Schiff wins debate over whether gold is a better store of …

Peter Schiff wins debate over whether gold is a better store of …

During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic …

Bitcoin Expert Peter Schiff Has Bad News For Crypto Enthusiasts

Bitcoin Expert Peter Schiff Has Bad News For Crypto Enthusiasts

Schiff, who is chief economist and global strategist for Euro Pacific Capital, is also not afraid to challenge bitcoin evangelists, as he has …

Economist Peter Schiff Explains Why He Expects Bitcoin to …

Economist Peter Schiff Explains Why He Expects Bitcoin to …

Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether.

Bitcoin Skeptic Peter Schiff Will Sell Troubled Euro Pacific …

Bitcoin Skeptic Peter Schiff Will Sell Troubled Euro Pacific …

Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. “My bank was not put into …

“Do not buy this crypto dip”: Economist Peter Schiff

“Do not buy this crypto dip”: Economist Peter Schiff

Schiff explained in a tweet that Bitcoin and Ether are set to crash even further and the global crypto market cap would fall to $800 billion. He …