Peter Schiff Says Bitcoin U-Turn Claims Are Lies

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Peter Schiff, the outspoken gold investor and critic of Bitcoin, recently addressed rumors suggesting he had reversed his negative stance on Bitcoin

Schiff clarified that his admittance of regret for not purchasing Bitcoin in 2010 does not mark any sort of U-turn on crypto.

Schiff further stressed that his hypothetical wish to have invested in Bitcoin early on does not alter his overall critical view of the cryptocurrency.Schiff also commented on the performance of cryptocurrency ETFs, specifically pointing out the Valkyrie Bitcoin Miners ETF, which has seen a 35% decline since its December 2023 peak.

 

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