Peter Schiff admitted to unintentionally driving Bitcoin adoption, mentioning that he may have influenced more people to own Bitcoin than anyone else.
During the Bitcoin 2025 Conference, Peter Schiff criticized Bitcoin as a 'gigantic casino,' highlighting the wealth transfer aspect of the cryptocurrency market.
Peter Schiff condemned JD Vance and Trump for promoting Bitcoin as a hedge against inflation, advocating for gold and silver instead.
Despite Schiff's skepticism, countries like Russia are embracing cryptocurrencies with the approval of crypto-linked financial products by their central bank.