🚨 Peter Schiff: From Bitcoin Hater to Potential Believer?
Peter Schiff — the man who predicted the 2008 financial crisis and made $70M in the process — might be changing his tone on Bitcoin.
For years, Schiff has been crypto’s harshest critic:
🔸 Called Bitcoin “digital fool’s gold”
🔸 Predicted it would crash to zero
🔸 Mocked investors chasing BTC gains
But things are shifting. Schiff now has his own booth at Bitcoin 2025, and his recent takes on BTC are surprisingly neutral. 👀
🧠 Why Schiff Still Deserves Respect
Long before crypto booms, Peter Schiff built his legend by calling:
✅ The 2006 housing bubble
✅ The 2008 global recession
✅ Several trade war missteps, including the EU tariff delay
He’s not just a loud voice — he’s a strategic thinker with real wins. Schiff built his fortune by acquiring a failed broker in 1996 and turning it into Euro Pacific Capital, a major wealth engine.
His investing philosophy is simple but powerful:
• Buy real assets, not just paper money
• Stick to productive economies
• Protect wealth from inflation
• Ignore the Fed’s short-term spin
• Buy low, sell high
💣 The BTC Wallet That Changed Everything?
Rumor has it Schiff lost access to his BTC wallet in 2020 — corrupted, unrecoverable, and holding a significant sum. Could that loss have driven his long-held grudge?
Either way, Bitcoin is maturing — with institutional adoption, ETFs, and sovereign interest rising.
Even crypto’s harshest skeptic now walks among believers.
If Peter Schiff is softening on BTC… are we nearing a major market turning point?
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