- Peter Schiff questions if BTC holders share Saylor’s ‘ride to zero’ risk tolerance
- Schiff highlights Gold’s +18% YTD gain versus Bitcoin’s -11% YTD performance
- Critic dismisses Bitcoin reserve news; BTC dips below $82k amid tariff concerns
Financial analyst and noted Bitcoin critic Peter Schiff again challenged Bitcoin supporters this week, questioning their commitment in the ongoing market volatility.
Responding to Michael Saylor’s statement about being prepared to “ride Bitcoin to zero,” Schiff asked on X (formerly Twitter) if other investors—and importantly, Strategy ($MSTR) shareholders—truly share that extreme level of risk tolerance.
Saylor, a vocal Bitcoin advocate, had restated his long-held position during a recent interview. This led Schiff to question the broader crypto community’s actual readiness to accept the possibility of a complete loss on their Bitcoin investments, highlighting the difference between claiming preparedness and facing such an event unprepared.
He specifically questioned if MicroStrategy shareholders implicitly signed up for a potential zero outcome.
Schiff Points to Gold Outperforming Bitcoin Year-to-Date
Schiff connected his risk tolerance questions to recent market performance, echoing earlier posts where he compared Bitcoin unfavorably to gold. He noted Bitcoin was down 11% year-to-date at the time, while gold had gained 18% over the same period in 2025. Schiff used this disparity to criticize what he sees as misplaced investor enthusiasm for Bitcoin.
He also dismissed the significance of recent headlines regarding a potential U.S. Strategic Bitcoin Reserve. Schiff argued gold continues to perform strongly without needing similar “media fanfare,” while Bitcoin traders seem overly focused on policy narratives rather than fundamentals.
Related: Bitcoin Critic Peter Schiff Calls Trump’s Strategic Bitcoin Reserve “Bogus,” Questions Real Impact
He questioned whether such policy developments truly signify long-term strength for Bitcoin, suggesting market participants might be overlooking underlying value indicators.
Bitcoin Price Context
As these debates continue, Bitcoin’s price recently dipped below the $82,000 level. At press time, BTC traded around $81,673, reflecting a roughly 1.8% decline over the previous 24 hours. Its market capitalization stood near $1.62 trillion, with circulating supply close to 19.84 million BTC.
Source: CoinMarketCap
Related: Peter Schiff Slams “Bitcoin Pump” Council Scoffs at Gold for Bitcoin Idea
Bitcoin, sometimes viewed as a hedge, was not immune to the sell-off happening from Donald Trump’s tariff stance. And so the bitcoin market correction appears linked to fears about trade friction and global economic instability fueled by the US’ tariff proposals.
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