{"id":6792,"date":"2025-01-09T12:16:58","date_gmt":"2025-01-09T12:16:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6792"},"modified":"2025-01-09T12:16:58","modified_gmt":"2025-01-09T12:16:58","slug":"peter-schiff-counters-bitcoins-safe-haven-narrative-amid-forecast-of-impending-fiat-train-wreck-there-is-no-riskier-asset","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6792","title":{"rendered":"Peter Schiff Counters Bitcoin&#8217;s Safe Haven Narrative Amid Forecast Of Impending Fiat Train Wreck: &#8216;There Is No Riskier Asset&#8217;"},"content":{"rendered":"<div>\n<p>Renowned economist and market commentator\u00a0<strong>Peter Schiff<\/strong> labeled <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), the world\u2019s largest cryptocurrency, as the riskiest asset on Tuesday.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0 Schiff took to X to voice his concerns about the leading digital asset, stating, \u201cThere is no riskier asset\u00a0than Bitcoin (not counting the\u00a020,000 altcoins).\u201d <\/p>\n<p>Risk-off assets are investments that tend to perform well when the market sentiment is negative. Schiff\u2019s observation implied that Bitcoin was nowhere near being a safe haven like gold, an asset he strongly advocates for.<\/p>\n<p>The remark was in reaction to serial entrepreneur and Bitcoin advocate <strong>Alan Knitowski<\/strong>, who argued that the leading cryptocurrency would soon become \u201crisk-off\u201d and decoupled from the effects of fiat currencies such as the dollar.<\/p>\n<figure ...>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42894166\/peter-schiff-counters-bitcoins-safe-haven-narrative-amid-forecast-of-impending-fiat-train-\" alt=\"Peter\" schiff counters bitcoin safe haven narrative amid forecast of impending fiat train wreck: is no riskier asset>Full story available on Benzinga.com<\/a><\/p>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned economist and market commentator\u00a0Peter Schiff labeled Bitcoin (CRYPTO: BTC), the world\u2019s largest cryptocurrency, as the riskiest asset on Tuesday. What Happened:\u00a0 Schiff took to X to voice his concerns about the leading digital asset, stating, \u201cThere is no riskier asset\u00a0than Bitcoin (not counting the\u00a020,000 altcoins).\u201d Risk-off assets are investments that tend to perform well [&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-6792","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\/6792","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=6792"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6792\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}