Peter Schiff Warns Americans Will Be The ‘Biggest Losers’ When The Crypto Bubble Bursts: ‘Being Bitcoin Capital Comes With A Heavy Cost’
Posted On November 13, 2025
Economist and market commentator Peter Schiff said Wednesday that the U.S. is already the world’s Bitcoin (CRYPTO: BTC) “capital,” making Americans the most vulnerable during an inevitable market crash.
Schiff Spells Doom For US Crypto Investors
In an X post, Schiff weighed in on President Donald Trump’s commitment to make the U.S. the “world leader” in cryptocurrency.
“Unfortunately, we already are. That means the U.S. economy will be hit the hardest by the bursting of the crypto bubble,” the perennial Bitcoin critic argued.
Schiff added that “Americans will be the biggest losers” when this happens. “Being the Bitcoin capital comes with a heavy cost,” he stated.
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