Peter Schiff Questions Bitcoin’s Safe Haven Status Amid Economic Uncertainty

Economist Peter Schiff challenges the notion of Bitcoin as a safe haven asset during economic downturns, arguing that its performance in recent crises casts doubt on its stability. His perspective aligns with the growing preference for gold as a traditional safeguard against market volatility. During the 2025 financial crisis, both gold and Bitcoin experienced significant shifts, fueling debates regarding their relative resilience. Schiff’s analysis emphasizes the historical record of gold outperforming Bitcoin during economic fluctuations, suggesting that this trend could continue in future crises.