Peter Schiff Doubles Down on Gold Criticism After Embarrassing Binance Stage Moment
According to Odaily, Peter Schiff recently commented on the X platform that gold and silver have risen due to a new round of quantitative easing (QE). He criticized Bitcoin for not experiencing a similar increase, suggesting that it should be "eliminated."
This criticism comes on the heels of a now-viral moment at the #BinaBlockchainWeek in Dubai 2025. During a live debate about #BTCVSGOLD with figures like @CZ , Schiff was handed a gold bar on stage. Instead of confidently affirming its authenticity, he hesitated, scrutinized it, and remarked, It's heavy... I don't know... maybe it's not real gold! The scene, captured in memorable event imagery, showed the prominent gold advocate seemingly unable to verify the very asset he relentlessly promotes over Bitcoin.
The irony was not lost on the audience or the crypto community. Schiff's on-stage uncertainty starkly contrasted with his absolute criticism of Bitcoin, highlighting a practical weakness in his "physical gold" argument while Bitcoin's digital and verifiable nature requires no such physical assay.
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