Peter Schiff claims Michael Saylor’s strategy would have delivered stronger returns without Bitcoin, arguing the crypto bet has dragged on Microstrategy’s performance despite its high‑profile adoption.
Newly-pardoned Binance CEO Changpeng Zhao and gold advocate Peter Schiff have agreed to a public debate on Bitcoin’s outlook, signaling an unlikely détente between the crypto industry and its critics.
Peter Schiff criticized Trump’s crypto agenda, calling Bitcoin a “Ponzi scheme” and warning investors of risks. Schiff urged caution, questioning policy effectiveness and market stability ahead of potential regulatory moves.
In a recent statement, financier Peter Schiff expressed his understanding of Bitcoin’s value, contrasting it with skepticism towards USD-pegged stablecoins. He proposed exploring a gold-backed token, advocating for tangible asset backing in digital currencies.