Peter Schiff Doesn't 'Hate Bitcoin' But Warns 'Millions' Will Lose More Than They Can Afford In 'Speculative Mania'
Peter Schiff Doesn't 'Hate Bitcoin' But Warns 'Millions' Will Lose More Than They Can Afford In 'Speculative Mania'
He believes this frenzy will ultimately lead to "millions" losing "sums far greater than they can afford," and will "tarnish the image of sound money and libertarian principles."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.
经济学家和市场评论员彼得·希夫对当前围绕比特币（加密货币：BTC）的投机狂热发出了严厉警告，声称数百万投资者将会失去超出他们承受能力的巨额资金。
What Happened: 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.
发生了什么：希夫试图强调他对资本错误配置的担忧，以及围绕数字货币的投机狂热将如何损害稳健货币原则的形象。
In a tweet on Wednesday, Schiff stated that he does not "hate Bitcoin itself," but is deeply concerned by "the speculative mania in Bitcoin that has caused a huge misallocation of capital."
在周三的一条推文中，希夫表示他并不"仇恨比特币本身，"但对"比特币中的投机狂热导致了巨大的资本错误配置"深感担忧。
He believes this frenzy will ultimately lead to "millions" losing "sums far greater than they can afford," and will "tarnish the image of sound money and libertarian principles."
他认为这种狂热最终将导致"数百万"人失去"超出他们承受能力的巨额资金，"并将"玷污稳健货币和自由主义原则的形象。"
Schiff's remarks came in response to a question about his seemingly negative view of Bitcoin.
希夫的言论是针对他对比特币似乎持有的负面观点的提问。
In an earlier tweet, Schiff predicted that when it becomes apparent that the U.S. government is not going to buy Bitcoin, investors who purchased it with this expectation will quickly sell, potentially triggering a sharp drop.
在之前的一条推文中，希夫预测，当美国政府显然不会购买比特币时，基于这一预期购买比特币的投资者将迅速卖出，这可能会引发急剧下跌。
He believes MicroStrategy (NASDAQ:MSTR) CEO Michael Saylor, will be forced to accelerate his leveraged Bitcoin buying in an attempt to "prevent a crash."
他相信MicroStrategy（纳斯达克：MSTR）首席执行官迈克尔·塞勒将被迫加速他杠杆买入比特币，试图"防止崩盘。"
However, Schiff argues that this approach will ultimately only delay the crash and will "cause MSTR to crash first."
然而，希夫认为这种方法最终只会延迟崩盘，并将"导致MSTR先崩盘。"
Also Read: CFTC Chairman Rostin Behnam To Step Down In February
另请阅读：CFTC主席Rostin Behnam将在二月辞职。
Why It Matters: Schiff's comments are driven by his long-standing belief that Bitcoin is not a legitimate store of value, and the current market is driven by irrational exuberance and misguided speculation.
这一点重要的原因在于，Schiff的言论源于他长期以来认为比特币不是一种合法的价值储存手段，当前市场则受到非理性繁荣和误导性投机的驱动。
Schiff sees gold as a haven in times of economic and geopolitical instability, emphasizing its intrinsic value and historical resilience.
Schiff将黄金视为在经济和地缘政治不稳定时期的避风港，强调其内在价值和历史韧性。
In December, Schiff disagreed with Michael Saylor's analogy comparing Bitcoin to real estate, stating the latter generates rents, but Bitcoin doesn't generate any income to make interest or principal payments.
在12月份，Schiff不同意Michael Saylor将比特币与房地产业进行类比，指出后者能够产生租金，而比特币则无法产生任何收入来进行利息或本金支付。
The Bitcoin critic also mulled the hypothetical introduction of a new government-backed cryptocurrency with a supply limit of 21 million.
这位比特币批评者还考虑了引入一种新的政府支持的数字货币的假设，其供应量限制为2100万。
A meme coin subsequently spawned was disavowed by Schiff, who commented that his post was "sarcastic."
随后出现的一种模因币被Schiff否认，他评论说他的发帖是“讽刺的”。
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Photo: Shutterstock
Photo: shutterstock
