Peter Schiff Says “I Could Have Made a Lot of Money With Bitcoin”

Peter Schiff said he “could have made a lot of money with Bitcoin,” according to a report originally published by BeInCrypto. The comment brings a prominent Bitcoin critic back into the wider discussion over the cryptocurrency’s long-term performance and the challenge of judging an asset before major market moves occur.

Schiff’s statement refers to potential gains rather than describing an actual Bitcoin investment or realized profit. It also highlights the distinction between recognizing an asset’s past returns and endorsing it as an investment. Schiff has long been associated with criticism of Bitcoin and support for gold as a store of value.

Bitcoin is a decentralized digital asset that operates without a central issuer. Its market history has included substantial price swings, making debates over missed opportunities, risk, and valuation a recurring feature of public commentary about the cryptocurrency. Schiff’s remark adds to that continuing discussion without, on its own, establishing a change in his broader view of Bitcoin.