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Peter Schiff: Bitcoin Was Born in the 2008 Crisis—And Could Die in the 2025 One
Peter Schiff has stirred fresh debate over Bitcoin’s future, arguing that the same kind of financial turmoil that gave rise to Bitcoin in 2008 could now mark its downfall in 2025. As markets reel from escalating tariffs and volatility, Bitcoin has dropped 27% from its recent high, while gold remains steady. Schiff took aim at the U.S. Strategic Bitcoin Reserve, calling it misguided, and reiterated his support for gold as the more reliable hedge. His remarks come amid growing global economic instability and ongoing questions about crypto’s long-term resilience.