Peter Schiff Reiterates Anti-Bitcoin Stance In Interview

Peter Schiff Reiterates Anti-Bitcoin Stance In Interview

Gold advocate and longtime Bitcoin critic Peter Schiff renewed his attacks on Bitcoin during a recent interview with Tucker Carlson, arguing that the cryptocurrency industry is seeking government regulation and a government bailout not to restrain itself, but to gain legitimacy in the eyes of the public. Schiff said that calls for regulatory “clarity” in crypto amount to an attempt to secure government endorsement. According to Schiff, regulatio…

Peter Schiff Dismisses Bitcoin as Global Reserve Asset, Backs Gold’s Monetary Role

Economist and long-time gold advocate Peter Schiff has once again rejected the idea that Bitcoin could evolve into a global reserve asset, arguing that the cryptocurrency lacks the intrinsic value required of true money. According to Schiff, Bitcoins appeal remains rooted in speculation rather than real economic utility, making it unsuitable as a store of value for central banks or governments. Schiffs comments come amid renewed global debate ov…