{"id":48003,"date":"2021-08-20T13:32:59","date_gmt":"2021-08-20T10:32:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48003"},"modified":"2025-09-02T00:05:53","modified_gmt":"2025-09-01T21:05:53","slug":"peter-schiff-if-i-could-go-back-i-would-buy-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/peter-schiff-if-i-could-go-back-i-would-buy-bitcoin\/","title":{"rendered":"Peter Schiff: If I Could Go Back, I Would Buy Bitcoin"},"content":{"rendered":"

Bitcoin-sceptic and gold advocate Peter Schiff, in an interview with Coin Stories<\/a>, acknowledged that the price of the first cryptocurrency could rise to $100,000 and that he regrets not buying the asset in 2011.<\/p>\n

The entrepreneur said that a rise to $1 million is quite possible, but made clear that he still considers the asset a bubble<\/a>. In his view, the coin will never become a widely accepted means of payment, and the only use for it would be speculation.<\/p>\n

Schiff did not dispute the fact that the first cryptocurrency has been among the most lucrative assets in dollar-denominated price growth since its inception. He also expressed regret that he did not invest in Bitcoin in 2011 when he first learned of it.<\/p>\n

When asked about his disappointments in finance, the president of Euro Pacific Capital replied: <\/p>\n

\n

“Obviously, I would have liked to buy Bitcoin when I first heard about it \u2014 that would have been a serious mistake. Could I have invested $100,000 in it? Of course. I mean, I invested that money in other things that turned out badly.”<\/p>\n<\/blockquote>\n

According to Schiff, he could have become one of Bitcoin’s billionaires, having learned about the asset at an early stage.<\/p>\n

\n

“If I could go back in time, I would do it,” \u2014 added the entrepreneur.<\/p>\n<\/blockquote>\n

Earlier, Schiff congratulated those who managed to invest in Bitcoin before the price surge, and prompted Wall Street to succumb to “this mania”.<\/p>\n

In April 2021, his son Spencer moved<\/a> 100% of his investment portfolio into the first cryptocurrency.<\/p>\n

Subscribe to ForkLog news on VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin-sceptic and gold advocate Peter Schiff told Coin Stories in an interview that the price of the first cryptocurrency could rise to $100,000 and that he regrets not buying the asset in 2011.<\/p>\n","protected":false},"author":1,"featured_media":48004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Schiff regrets not investing in Bitcoin in 2011.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1415,1138,1298],"class_list":["post-48003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-celebrities","tag-opinions","tag-peter-schiff"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"Schiff regrets not investing in Bitcoin in 2011.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48003"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48003\/revisions"}],"predecessor-version":[{"id":48005,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48003\/revisions\/48005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48004"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}