Bitcoin (BTC) declared dead 22 times, but... Peter Schiff: "It won't go to zero"

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Peter Schiff, who declared Bitcoin (Bitcoin, BTC) dead 22 times, has now admitted, “It won’t go to zero.”

According to the economic media outlet Benzinga on June 16 (local time), gold investor Peter Schiff and Anthony Pompliano, CEO of Professional Capital Management, clashed over Bitcoin's viability in a debate hosted by Fox Business.

Pompliano proposed a bet on whether Bitcoin would still exist in 10 years. He pressed, “If you think Bitcoin will disappear, let’s make a simple bet.”

Schiff replied, “I can’t make a bet. Bitcoin won’t go to zero. Probably.” Pompliano later stated on X (formerly Twitter), “I got Peter Schiff to admit on national television that Bitcoin is not going to zero.”

Pompliano continued, “Next, Schiff will reveal that he holds a significant amount of Bitcoin.” Schiff has strongly denied claims of secretly holding Bitcoin in the past.

Schiff has labeled Bitcoin a bubble and declared its death 22 times so far. However, in a March 2024 interview, he stated that he should have bought Bitcoin in 2010, considering its profit potential.

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