Schiff Challenges Bitcoin Logic: If a ‘Genius’ Like Saylor Can’t Profit, Who Can?

Peter Schiff, the long-time Bitcoin critic and CEO of Euro Pacific Capital, has reignited the debate over cryptocurrency investment by pointing to MicroStrategy’s massive unrealized losses. In a recent post on X, Schiff argued that if a highly regarded figure like MicroStrategy founder Michael Saylor cannot turn a profit on Bitcoin, ordinary investors should reconsider their exposure to the asset.