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Peter Schiff: Bitcoin is a Scam, Trump’s Coin is Down 96% (Part 4)

Posted

July 14, 2026

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In this VladTV interview, economist and gold advocate Peter Schiff explains why he believes Bitcoin, crypto tokens, and Bitcoin ETFs remain a massive bubble despite Wall Street adoption, El Salvador’s purchases, and Donald Trump’s pro-crypto positioning. Schiff compares Bitcoin’s performance against gold, criticizes Michael Saylor and Strategy’s Bitcoin treasury model, and predicts possible SEC scrutiny and civil lawsuits over “digital credit” products and investor losses. He also discusses Trump-linked crypto hype, noting Trump Media’s Bitcoin-related plunge of 96% and sharp declines in Trump and Melania coins. The conversation covers Satoshi Nakamoto’s untouched 1.1 million BTC wallet, stablecoins like Tether, Sam Bankman-Fried, Celsius, CNBC, AI bubble concerns, and why Schiff believes tokenized gold—not Bitcoin—could become the future of digital money. Watch for a sharp debate on Bitcoin, gold, blockchain, regulation, and the next phase of crypto markets.

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Peter SchiffVladStocks MemberBitcoin ETFsWall StreetEl SalvadorsDonald TrumpsMichael SaylorStrategys Bitcoin

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