Peter Schiff Criticizes Bitcoin’s Inflation Hedge Claims Despite Price Surge

Economist Peter Schiff has once again challenged Bitcoin’s reputation as an inflation hedge, citing its volatile price action and historical behavior as reasons for skepticism. While Bitcoin recently broke through the $80,000 threshold, Schiff argues that its performance more closely resembles tech stocks than a safe haven asset against inflationary pressures. Instead, Schiff advises investors to prioritize gold in their portfolios, highlighting gold’s strong price rally since the start of 2025.