See what he posted on X
https://x.com/PeterSchiff/status/1943349876999246070Bitcoin is not an asset to be compared with silver because silver is in lower class to bitcoin but he compared them recently with his rubbish talks.
He said silver has long term value in addition to what he posted on X. We shall see what will happen in the next 10 to 20 years and know which one has the highest value.
He still indirectly said bitcoin is a ponzi or pyramidal scheme recently.
Saw this tweet the very first day it was there, it was when bitcoin wanted to break into the $115k price then I just simply scroll to the next tweet because Peter Schiff has long been a bitcoin critic and all this things are definitely not surprising because he has long been discovered as one, he is even called as inverse Schiff because anything he says about bitcoin, bitcoin does the opposite of it. He was the saying it would be dream to see bitcoin above $100k now with bitcoin well above that price that even a war couldn’t stop it, he is saying it is the perfect time, like bitcoin is shitcoin that will dump soon
There is no problem diversifying if that’s his concern but Atleast it should be to a well performing asset if someone is looking for upward movement. I have nothing again Silver and it is a good asset but when we are talking about moving to it because it will pump and the asset your selling off is bitcoin. It is a dump take to me, because bitcoin is clear ahead interms of growing in price