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As for Peter Schiff and the media in general, I don't consider what they say to be a truth. They only want us to hear what they want us to hear, every news or opinion of an individual has a purpose behind it. The harsh truth is that the ruling class do not want ordinary people like us to hold valuable assets like Bitcoin, so it is understandable that they try to defame and criticize Bitcoin in the media.
That's what I think, too. A few years ago he said Bitcoin was a bubble, today he says that it should've bought and we all think: oh! we were right and he was wrong! little pat on the back. And in a few months/years he will say something completely different (or not) depending on his interests.
I don't follow his career with a great interest, so maybe I'm wrong, he is honest and he doesn't give a f*** on what people think. But I agree somehow with SeriourlyGiveaway's opinion about the hidden agenda of many of these renowned people.