✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #3
Peter Schiff Dismisses Bitcoin's Long-Term Gains as Meaningless
Original: Peter Schiff Calls Bitcoin’s Long-Term Performance ‘Meaningless’: There’s a Difference Between Bubble ‘Blowing Up’ and Air Coming Out
Economist and longtime bitcoin critic Peter Schiff said bitcoin's long-term price performance is 'meaningless', arguing there is a difference between a bubble 'blowing up' and air slowly coming out of it. Schiff, a prominent gold advocate, has repeatedly predicted bitcoin's collapse, and his latest remarks have reignited debate with crypto supporters who point to the asset's sustained gains over more than a decade.
Why now: Schiff's ongoing public feud with the bitcoin community regularly draws attention whenever he attacks the asset's track record.
Evidence
- Peter Schiff Calls Bitcoin’s Long-Term Performance ‘Meaningless’: There’s a Difference Between Bubble ‘Blowing Up’ and Air Coming Out · Yahoo Finance
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