In a recent statement, Schiff stated, "Bitcoin emerged from the financial crisis of 2008. Ironically, the financial crisis of 2025 will be its downfall." Schiff's remarks coincide with renewed economic instability, as global markets are shaken by banking failures, inflationary pressures, and investor uncertainty. Despite Bitcoin's original purpose as a decentralized hedge against systemic risks, Schiff argues that it has not fulfilled its promise. Schiff has a history of predicting Bitcoin's demise, making bearish calls in 2013, 2017, and 2020, but remains unconvinced by Bitcoin's resilience. As economic uncertainties loom in 2025, Schiff views Bitcoin not as a safe haven, but as a potential casualty. Only time will tell if his latest prediction is more accurate than his previous ones, but one thing is certain: Schiff is not changing his stance.
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