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.
經濟學家和市場評論員彼得·希夫對當前圍繞比特幣（加密貨幣：BTC）的投機狂熱發出了嚴厲警告，聲稱數百萬投資者將會失去超出他們承受能力的巨額資金。
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.
發生了什麼：希夫試圖強調他對資本錯誤配置的擔憂，以及圍繞數字貨幣的投機狂熱將如何損害穩健貨幣原則的形象。
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."
在週三的一條推文中，希夫表示他並不"仇恨比特幣本身，"但對"比特幣中的投機狂熱導致了巨大的資本錯誤配置"深感擔憂。
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."
他認爲這種狂熱最終將導致"數百萬"人失去"超出他們承受能力的巨額資金，"並將"玷污穩健貨幣和自由主義原則的形象。"
Schiff's remarks came in response to a question about his seemingly negative view of Bitcoin.
希夫的言論是針對他對比特幣似乎持有的負面觀點的提問。
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.
在之前的一條推文中，希夫預測，當美國政府顯然不會購買比特幣時，基於這一預期購買比特幣的投資者將迅速賣出，這可能會引發急劇下跌。
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（納斯達克：MSTR）首席執行官邁克爾·塞勒將被迫加速他槓桿買入比特幣，試圖"防止崩盤。"
However, Schiff argues that this approach will ultimately only delay the crash and will "cause MSTR to crash first."
然而，希夫認爲這種方法最終只會延遲崩盤，並將"導致MSTR先崩盤。"
Also Read: CFTC Chairman Rostin Behnam To Step Down In February
另請閱讀：CFTC主席Rostin Behnam將在二月辭職。
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.
這一點重要的原因在於，Schiff的言論源於他長期以來認爲比特幣不是一種合法的價值儲存手段，當前市場則受到非理性繁榮和誤導性投機的驅動。
Schiff sees gold as a haven in times of economic and geopolitical instability, emphasizing its intrinsic value and historical resilience.
Schiff將黃金視爲在經濟和地緣政治不穩定時期的避風港，強調其內在價值和歷史韌性。
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將比特幣與房地產業進行類比，指出後者能夠產生租金，而比特幣則無法產生任何收入來進行利息或本金支付。
The Bitcoin critic also mulled the hypothetical introduction of a new government-backed cryptocurrency with a supply limit of 21 million.
這位比特幣批評者還考慮了引入一種新的政府支持的數字貨幣的假設，其供應量限制爲2100萬。
A meme coin subsequently spawned was disavowed by Schiff, who commented that his post was "sarcastic."
隨後出現的一種模因幣被Schiff否認，他評論說他的發帖是「諷刺的」。
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Photo: Shutterstock
Photo: Shutterstock
