Peter Schiff Challenges Bitcoin’s Investment Status, Raises Concerns Over Volatility

Economist Peter Schiff has once again voiced his skepticism about Bitcoin’s classification as digital gold, arguing that its volatility undermines its suitability for investment. In a recent social media post, Schiff highlighted the cryptocurrency’s drastic price swings and market instability, suggesting that these characteristics mislead investors into viewing it as a secure haven asset. This renewed debate raises concerns about Bitcoin’s long-term viability as a stable investment option.