Peter Schiff Says Bitcoin Investors ‘Missed Out’ On Stocks As BTC Craters 12% In 1 Week
Posted On June 2, 2026
Peter Schiff renewed his criticism of Bitcoin (CRYPTO: BTC) after the cryptocurrency slipped below $68,000, arguing investors would have generated far larger returns elsewhere over the last five years.
BTC Failure To Outperform
Schiff’s comments in a X post on June 2 sparked pushback from crypto traders who accused him of ignoring Bitcoin’s massive long-term gains after previously discouraging investors from buying the asset near $1,000.
“Saying BTC investors missed out on huge gains is pretty shameless,” the trader responded. “You are the guy who advised people not to buy BTC when it was $1,000.”
Schiff highlighted that Bitcoin …
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