Peter Schiff's Bitcoin Critique: Why the Influential Economist Remains a Crypto Bear

Peter Schiff, a prominent economist and gold advocate, has reinforced his critical stance on Bitcoin, solidifying his position as one of the cryptocurrency's most vocal bears. Despite market rallies, Schiff consistently warns investors about Bitcoin's volatility and lack of intrinsic value, contrasting it with physical assets like gold. His influential commentary continues to shape debates on digital versus traditional stores of value, impacting sentiment among both traditional finance circles and the crypto community. This analysis delves into Schiff's key arguments and their lasting influence on the financial discourse.