Peter Schiff Reflects On Crypto Christmas Disappointment: Economist Says Bitcoin ‘Malfunctioned On The Launch Pad’ Instead Of Going To The Moon
Posted On December 26, 2025
Renowned economist Peter Schiff reiterated his long-standing skepticism of Bitcoin (CRYPTO: BTC) on Thursday, contrasting the leading cryptocurrency’s 2025 slump with the surge in silver prices.
Bitcoin’s 2025 Misfire?
In an X post, Schiff argued that Bitcoiners had nothing to celebrate this Christmas as the asset failed to deliver on its early 2025 promise.
“When the year began, HODLers were confident Bitcoin was poised to moon. Instead, it malfunctioned on the launch pad as precious metals took off,” Schiff said. “It was the crypto Christmas that wasn’t.”
The previous metals advocate stated that “selling Bitcoin and buying silver” turned out to be the “best trades” of the year.
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