Ah, the saga of Peter Schiff-our beloved banker with a penchant for predicting financial doom and gloom, now bravely venturing into the wild frontier of social media polls. Needless to say, the latest experiment in digital democracy has gone spectacularly awry. Imagine, tens of thousands of folks, apparently immune to Schiff’s old-school charm, voting for Bitcoin over gold-a whopping 59% out of 21,000+. A slap to the face of his gold-loving crusade, which he insists is the pinnacle of financial salvation. 💀
Apparently, Schiff’s latest commentary suggests that Bitcoin voters are merely pawns in a pyramid scheme, “voting to bolster the bullish narrative,” because, after all, who wouldn’t want to build castles on the shifting sands of crypto? 🏗️
“Peter Schiff can’t even convince his own followers that gold is better than Bitcoin.” – Bitcoin Junkies (@BitcoinJunkies) December 22, 2025
In true Schiff style, he claims that Bitcoin is merely a distraction, siphoning off capital from the noble cause of enduring metals. “If Bitcoin ceased to exist,” he muses with the conviction of a man who’s clearly never missed a chance to be wrong, “the billions would flood into gold naturally.” Fancy that-magically, gold’s shining potential is just waiting behind the crypto curtain to be unleashed. 🎩✨
Schiff’s Unlikely Triumphs
Now here’s where it gets amusing-our dear gold bug, ever the contrarian, challenges skeptics with a dash of statistical bravado. He points to Bitcoin’s dramatic 40% loss relative to gold over four years as proof that it’s all just a bubble, bursting at the seams. Meanwhile, gold, like a seasoned old warhorse, has surged from roughly $1,800 to a staggering $4,400 per ounce-a move so impressive it makes Bitcoin look like a tired puppy chasing its tail.
In November 2021, Bitcoin was riding high at $69,000, but now, its slight decline to around $88,000 is seen as a “chop sideways”-perhaps an expensive walk in the park for the crypto faithful. Conversely, gold and silver have rocketed-silver over 130% this year. Meanwhile, Bitcoin’s performance resembles a sideways shuffle, with Schiff grinning in the corner, claiming victory for the old guard.
So, is Schiff really winning, or just enjoying the illusion of it? One thing’s for certain-it’s a spectacle worthy of Waugh himself, full of dry wit, financial absurdity, and a dash of the eternal human folly to chase fleeting promises.
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2025-12-22 10:44