Peter Schiff
The economist, stock broker, and uber libertarian and constant fixture for right wing economics Peter Schiff, when he’s not being visited by the Internal Revenue Service over being involved with an alleged global illicit money scheme, is a consistent bear on crypto. Called Dr. Doom for correctly predicting the 2008 financial crisis, Schiff has also become an antagonistfor bitcoin bros due to his constant predictions of crypto collapse.
Early on in bitcoins lifespan, he compared the cryptocurrency to the tulip mania bubble of 17th century Holland, where contract prices for tulip bulbs reached artificially high levels before collapsing a few years later.
Still, like many financial gamers, it didn’t stop Schiff from having at least some coins in his wallet. Then in 2020, Schiff claimed that his crypto wallet “got corrupted” and that his password no longer worked, invalidating the worth of his bitcoin. Of course, several crypto folks called him out, saying this is mostly on him for getting locked out of his own account.
Yet, the latest crypto slump has given Schiff a breath of vitality, especially for his solid anti-crypto stance on Twitter. His favorite comment is telling the lingering HODLers to sell with the verve of a rooster cawing every other minute, asking if anyone is awake yet.
