
Peter Schiff Criticizes Bitcoin; Spars with Dogecoin Support
On May 1, 2025, Peter Schiff, a well-known Bitcoin critic and gold advocate, reiterated his negative outlook on Bitcoin, asserting that an anticipated financial crisis in 2025 could spell its end. This stance has sparked debate within the cryptocurrency community, highlighting his consistent negative stance on Bitcoin. Notably, this contrasts with his past supportive remarks about Dogecoin, causing some to question his credibility.
Schiff Predicts Bitcoin’s End by 2025 Crisis
Peter Schiff’s consistent criticism of Bitcoin remains evident as he predicts its demise by 2025’s financial crisis. His past support for Dogecoin has drawn skepticism regarding his contradictory stance on cryptocurrencies. Schiff, an American economist and financial commentator, continues predicting Bitcoin’s demise, fueling ongoing debates. His recent Twitter post has married old financial fears with contemporary crypto arguments, emphasizing his persistent belief.
“Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it.” — Peter Schiff, Chief Economist and Global Strategist, Euro Pacific Capital
Source: https://www.kanalcoin.com/peter-schiff-bitcoin-dogecoin-critique/