Peter Schiff on the Bitcoin Crash: “Get the Hell Out”

Challenged on why two or three down years would matter for Bitcoin when gold and the Nasdaq have had similar streaks before recoveries, Peter Schiff says the difference is the backdrop.

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Chapters: 00:00 Jensen Huang Isn’t the Pin That Pricks the AI Trade 01:30 Rate Hikes Are Too Little Too Late 02:36 Money Supply Is Still Expanding Too Fast 04:29 We Need Monetary Rehab 06:40 The Fed Can’t Do the Right Thing 07:36 Traders Have the Gold Sell-Off Wrong 09:27 Gold Is Going Through the Roof 12:09 Bitcoin as a Trump Trade 13:53 The Best News Bitcoin Ever Had, and the Price Went Down 15:08 The Party’s Over for Bitcoin 17:37 When a Market Can’t Go Up on Good News 19:28 A Massive Washout in Bitcoin

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.