【Peter Schiff Strikes Again: Is Silver Better Than Bitcoin? The Market Has Given an Answer!】
Whenever the market pulls back, this 'old-school gold and silver guru' Peter Schiff always makes an appearance - this time, not only does he continue to bash Bitcoin, but he also openly supports silver for the first time! He claims: 'If you can buy silver, why bother with Bitcoin?'
Currently, the BTC price is around $104,700, down nearly 4% from its peak. Meanwhile, silver has gained short-term support due to safe-haven sentiment. But here's the question -
Bitcoin's market cap still leads that of silver!
Bitcoin ranks 7th globally in assets, with a market cap of about $2.08 trillion; silver stands at $2.01 trillion. Even with the pullback, BTC still occupies a high ground!
More importantly:
Bitcoin is the world's most liquid, transparent, and distributed consensus-backed digital asset.
Silver is still constrained by geopolitical factors, mining costs, and traditional market structures.
The crypto community quickly fired back:
'Is the digital age still obsessed with silver? BTC is the ultimate asset that is changing the logic of global wealth transfer!'
And Peter responded: 'Bitcoin will only disrupt the fate of its holders.' - The familiar stubbornness makes a comeback.
Moreover, Schiff also criticized the monetary policies of beautiful countries, worrying about stagflation and uncontrolled interest rates. But ironically: it is precisely this macro backdrop that has bolstered Bitcoin's anti-central bank narrative.
Conclusion:
While silver is stable, BTC is soaring. Peter may be absent from the new round of wealth transfer tickets, while the market is voting with its feet.
