Peter Schiff Predicts Bitcoin’s Downturn, Sees Gold & Silver as Winners

Peter Schiff, known for his gold-advocacy, has issued a bearish prediction regarding the future of Bitcoin. He believes that the leading cryptocurrency will experience a significant decline while traditional precious metals like gold and silver will surge in value. This prediction reflects Schiff’s long-standing skepticism towards Bitcoin’s intrinsic worth and potential for stability. Schiff’s recent statements highlight his conviction that these digital assets lack the inherent value of tangible, historical commodities.