{"id":20011,"date":"2025-04-01T10:46:37","date_gmt":"2025-04-01T10:46:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20011"},"modified":"2025-04-01T10:46:37","modified_gmt":"2025-04-01T10:46:37","slug":"bitcoin-is-digital-risk-not-digital-gold-asserts-peter-schiff-as-apex-crypto-gets-negatively-correlated-with-the-yellow-metal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20011","title":{"rendered":"Bitcoin Is &#8216;Digital Risk,&#8217; Not &#8216;Digital Gold,&#8217; Asserts Peter Schiff As Apex Crypto Gets Negatively Correlated With The Yellow Metal"},"content":{"rendered":"<div>\n<p>Influential economist\u00a0<strong>Peter Schiff<\/strong>\u00a0questioned <strong>Bitcoin\u2019s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) repeated comparisons to gold on Monday, deeming the apex cryptocurrency \u201canti-gold\u201d rather than \u201cdigital gold.\u201d<\/p>\n<p><strong>What Happened:<\/strong>\u00a0In his YouTube podcast, Schiff stated that Bitcoin behaves nothing like gold, and is, in fact, more akin to \u201cdigital risk\u201d than \u201cdigital gold.\u201d<\/p>\n<p>\u201cI mean, if it\u2019s digital gold, it should have something in common with gold. It should trade similarly to Gold. It should have some kind of positive correlation. It doesn\u2019t have any,\u201d Schiff emphasized. \u201cIt\u2019s the opposite. It\u2019s anti-gold. So why do we need a strategic reserve of it?\u201d<\/p>\n<p>Schiff even compared Bitcoin with penny stocks, the high-risk equities known for their speculative nature. \u201cIf we don\u2019t have a reserve of penny stocks, then why should we have a reserve of Bitcoin?\u201d he asked.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udd34 LIVE! The Peter Schiff Show Podcast \u2013 Ep 1019<a ...><\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/04\/44580634\/bitcoin-is-digital-risk-not-digital-gold-asserts-peter-schiff\" alt=\"Bitcoin\" is risk not gold asserts peter schiff as apex crypto gets negatively correlated with the yellow metal>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Influential economist\u00a0Peter Schiff\u00a0questioned Bitcoin\u2019s (CRYPTO: BTC) repeated comparisons to gold on Monday, deeming the apex cryptocurrency \u201canti-gold\u201d rather than \u201cdigital gold.\u201d What Happened:\u00a0In his YouTube podcast, Schiff stated that Bitcoin behaves nothing like gold, and is, in fact, more akin to \u201cdigital risk\u201d than \u201cdigital gold.\u201d \u201cI mean, if it\u2019s digital gold, it should have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20011","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20011"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20011\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}