Peter Brandt Validates Bitcoin Dominance, Disses Altcoins

On July 26, 2025, veteran trader Peter Brandt said Bitcoin could be the future of money.

He made the statement on X, where he also referred to other cryptocurrencies as posers. As a macro trader, Peter Brandt has developed a special affinity for BTC as the dominant digital currency.

Bitcoin is the Only Real Crypto

Peter Brandt, a well-known market trader, shared fresh thoughts on Bitcoin on July 26, 2025. Posting on X, he said, Bitcoin is crypto, and crypto is Bitcoin.

He also said that all other digital coins are posers, indicating that he does not see value in most altcoins.

In another post on the same day, Brandt stated that he agrees that the future may be built around Bitcoin.

It is worth noting that this came after a follower praised Bitcoin and shared some books on crypto trading.

Brandt replied to thank the user and said he agrees with the idea that it could play a significant role in the years ahead.

Brandt’s view is not new. He has often backed Bitcoin over the years while remaining critical of other coins.

However, this time, his comments came with a message to younger people. He warned Gen Z not to rely too much on crypto or fast trading to fix their financial problems.

He said decisions made by older generations have hurt many in the Gen Z league. However, using trading apps or hoping to get rich from digital coins may not ultimately benefit them.

Instead, he urged them to focus on learning, building fundamental skills, and thinking long-term about money.

Peter Brandt also shared that while he had made money trading futures, it took time and came with risk.

He said that getting rich quickly from crypto is rare and may not work for most people.

Peter Brandt on Investment Diversification

Likewise, Brandt said he feels bad for younger people who are trying to build a better life.

However, he said that buying random coins or trading stocks on mobile apps will not solve deep-seated financial problems.

He pointed out that even though he supports Bitcoin, it should not be seen as a get-rich-quick scheme.

He said, owning some crap coins and trading stocks and simulated futures contracts will not be the thing that makes things right for many.

Likewise, he said that being smart with money takes time, effort, and a genuine understanding of how markets work.

He used his own life as an example. Brandt said that while he made gains trading, it came with mistakes, lessons, and slow growth.

He wants younger traders to see the full picture, not just the parts that go viral online.

Peter Schiff Shares a Different View on Bitcoin

Around the same time, another financial voice and critic, Peter Schiff, also shared his thoughts.

On July 22, 2025, he said holding too much U.S. cash is a mistake. Schiff said people should look into foreign stocks instead.

One user, Sunny Po, replied that Schiff’s advice had not worked well and said Bitcoin had done better than his picks.

Schiff replied, saying most of his funds had done better than BTC so far this year.

This showed the ongoing split between voices like Brandt, who back Bitcoin, and others like Schiff, who do not.

However, while they differ, both aim to guide people in managing their finances. It is worth noting that Peter Brandt has made it clear that he views Bitcoin as the future of money.

In related news, Arthur Hayes predicted that BTC could rise to $250,000 by the end of the year, driven by credit growth and recent U.S. policy changes.