Schiff to BTC Holders: Are You in for Saylor’s ‘Ride to Zero’ Gamble?

Peter Schiff questions if BTC holders share Saylor’s ‘ride to zero’ risk tolerance
Schiff highlights Gold’s +18% YTD gain versus Bitcoin’s -11% YTD performance
Critic dismisses Bitcoin reserve news; BTC dips below $82k amid tariff concerns

Financial analyst and noted Bitcoin critic Peter Schiff again challenged Bitcoin supporters this week, questioning their commitment in the ongoing market volatility.

Responding to Michael Saylor’s statement about being prepared to “ride Bitcoin to zero,” Schiff asked on X (formerly Twitter) if other investors—and importantly, Strategy ($MSTR) shareholders—truly share that extreme level of risk tolerance.

During an interview @saylor said he was prepared to ride Bitcoin to zero. How many other HODLers are also prepared to ride Bitcoin to zero? I wonder how many $MSTR shareholders are willing to ride it to zero. Is being prepared to ride Bitcoin to zero better than being surprised?
— Peter Schiff (@PeterSchiff) March 30, 2025

Saylor, a vocal Bitcoin advocate, had restated his long-held position during a recent interview. This led Schiff to question the broader crypto community’s actual readiness to accept the p…

The post Schiff to BTC Holders: Are You in for Saylor’s ‘Ride to Zero’ Gamble? appeared first on Coin Edition.

Source: https://coinedition.com/schiff-to-btc-holders-are-you-in-for-saylors-ride-to-zero-gamble/