Bye Bye Bitcoin: 'Bitcoin Will Die In 2025' Peter Schiff Predicts The End Of Crypto Born From 2008 Economic Crash - But Why?

Veteran economist Peter Schiff took to X (formerly Twitter) to declare that “Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it.” Schiff’s warning arrives as markets worldwide face severe volatility following the April 7 equity crash—dubbed “Black Monday”—and the U.S. President’s surprise 90‑day tariff pause.

He lambasted Bitcoin’s collapse—down over 27 per cent from January—and criticised the newly formed U.S. Strategic Bitcoin Reserve, which has lost more than 12 per cent since its March 6 launch, arguing that selling those holdings for gold would have yielded a 2 per cent gain. Schiff contrasted Bitcoin’s decline with gold’s rally, noting bullion surged above $3,175 on April 9, up $90 that day alone.

Market Impact and Broader Debate

Schiff’s critique extends to crypto heavyweights, mocking Michael Saylor’s MicroStrategy bets and predicting Ethereum will soon breach $1,000 after plunging nearly 20 per cent overnight below $1,500. He highlighted the dollar’s slump—2.3 per cent versus the euro and yen, and 3.9 per cent against the Swiss franc—questioning whether the U.S. is “winning the trade war” as gold stocks climbed 5 per cent and Treasury yields spiked.

With stagflation fears mounting and trade tensions escalating, Schiff’s gold‑over‑crypto stance resonates amid a broader clash between traditional safe havens and digital assets. His pronouncements fuel an ongoing debate over Bitcoin’s role in an uncertain economic landscape—pitting the perceived security of gold against the promise of decentralised finance.

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