Peter Schiff Says Bitcoin Buyers Have Only One (Unlikely) Hope To Bail Them Out

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin's (CRYPTO: BTC) slide through key support levels has brought long-time critic and gold advocate Peter Schiff back into the spotlight—and he's not mincing words. What Happened: Economist and prominent gold advocate Schiff argued on X that Bitcoin's only path to a new all-time high now hinges on a highly unlikely scenario: the U.S. government stepping in and purchasing massive amounts of BTC for its St ...