Peter Schiff, a prominent gold advocate and vocal critic of Bitcoin, recently raised doubts about the future of the leading cryptocurrency. Known for his skepticism towards Bitcoin, Schiff is even considering speaking at a Bitcoin conference in 2025. This unexpected turn of events came after a conversation with David Bailey, CEO of Bitcoin Magazine, at a pool party in Puerto Rico.
Schiff, known for his bullish stance on gold, has long been critical of Bitcoin, often expressing his doubts about its value and potential. He has consistently questioned Bitcoin’s long-term viability as a currency, even going so far as to declare it a “fraud” in the past. However, the potential speaking engagement at the Bitcoin conference suggests a possible shift in his views, or at least a willingness to engage with the Bitcoin community.
The Bitcoin conference, organized by BTC Inc., is scheduled to take place in Las Vegas from May 27-29, 2025. The event is a continuation of the successful Bitcoin 2024 conference held in Nashville, which drew over 22,000 attendees, including former President Donald Trump. The 2024 conference saw Trump raise $25 million for his campaign during his appearance.
Despite his skepticism, Schiff has not entirely ruled out Bitcoin’s future. In a recent podcast, he reiterated his stance, stating he remains “open-minded” about Bitcoin but has yet to be convinced by its proponents. While Schiff’s decision to speak at the conference raises questions about his current stance, it is clear that the ongoing debate surrounding Bitcoin’s long-term viability continues to attract attention from both supporters and detractors alike. The conference will undoubtedly provide a platform for further discussions and debate about the future of Bitcoin.
