{"id":6667,"date":"2025-01-08T15:46:58","date_gmt":"2025-01-08T15:46:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6667"},"modified":"2025-01-08T15:46:58","modified_gmt":"2025-01-08T15:46:58","slug":"peter-schiff-doesnt-hate-bitcoin-but-warns-millions-will-lose-more-than-they-can-afford-in-speculative-mania","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6667","title":{"rendered":"Peter Schiff Doesn&#8217;t &#8216;Hate Bitcoin&#8217; But Warns &#8216;Millions&#8217; Will Lose More Than They Can Afford In &#8216;Speculative Mania&#8217;"},"content":{"rendered":"<div>\n<p>Economist and market commentator <strong>Peter Schiff<\/strong> has issued <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41891221\/peter-schiff-says-he-would-have-loaded-up-on-bitcoin-had-he-known-that-the-btc-bubble-would-get-this-big\">a stark warning<\/a> about the current speculative frenzy surrounding <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), asserting that millions of investors will lose sums far greater than they can afford.<\/p>\n<p><strong>What Happened: <\/strong>Schiff sought to highlight his concern about the misallocation of capital, and how the speculative mania around cryptocurrencies will damage the image of sound money principles.<\/p>\n<p>In a tweet on Wednesday, Schiff <a href=\"https:\/\/x.com\/PeterSchiff\/status\/1876856421863584124\">stated<\/a> that he does not &#8220;hate Bitcoin itself,&#8221; but is deeply concerned by &#8220;the speculative mania in Bitcoin that has caused a huge misallocation of capital.&#8221;<\/p>\n<p>He believes this frenzy will ultimately lead to &#8220;millions&#8221; losing &#8220;sums far greater than they can &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42878139\/peter-schiff-doesnt-hate-bitcoin-but-warns-millions-will-lose-more-than-they-can-afford-in\" alt=\"Peter\" schiff doesn bitcoin but warns will lose more than they can afford in mania>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economist and market commentator Peter Schiff has issued a stark warning about the current speculative frenzy surrounding Bitcoin (CRYPTO: BTC), asserting that millions of investors will lose sums far greater than they can afford. What Happened: Schiff sought to highlight his concern about the misallocation of capital, and how the speculative mania around cryptocurrencies will [&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-6667","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\/6667","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=6667"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6667\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}