Economist and outspoken Bitcoin critic Peter Schiff has once again taken aim at the crypto community, highlighting what he sees as the superior performance of traditional assets.
In a post shared on social media late July 22, Schiff claimed that his investments in gold and silver mining stocks have outpaced Bitcoin’s 2025 gains by a wide margin.
“Bitcoin is up 27% so far in 2025, while the $GDX is up 61%,” Schiff wrote, referring to the VanEck Gold Miners ETF. He also added that he holds more capital in mining stocks than many so-called Bitcoin “whales” have in the cryptocurrency, ending his message with a jab: “Have fun staying poor, Bitcoiners!”
The remark has reignited the long-standing feud between gold advocates and crypto enthusiasts. While Bitcoin has been praised as “digital gold” by its supporters, Schiff has repeatedly argued that it lacks intrinsic value and remains a speculative asset vulnerable to market hype.
His tweet comes as both Bitcoin and gold-related assets have rallied this year amid ongoing global economic uncertainty. However, Schiff’s emphasis on GDX’s performance suggests he believes the gold sector offers better long-term fundamentals.
With Bitcoin continuing to attract institutional investors and gold hitting new highs, the debate between the two camps shows no sign of slowing down. For now, Schiff is making it clear which side he thinks is winning.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/peter-schiff-attacks-bitcoin-investors-again-have-fun-staying-poor/