Peter Schiff Predicts Bitcoin Will Eventually Be Worth $0 as BTC Slides
Peter Schiff — a long-time gold proponent and vocal Bitcoin critic — reiterated his view that Bitcoin will ultimately fall to zero, a forecast that drew fresh attention on Monday as BTC slipped amid a wider risk-off mood at the start of December. The selloff coincided with cautious macro headlines and reduced appetite for higher-risk assets, intensifying near-term volatility in crypto markets.
The prediction matters more for sentiment than valuation: Schiff’s high-profile comments can amplify retail nervousness even though many analysts point to continued institutional interest and on-chain resilience. Traders should expect headlines to drive short-term moves, while longer-term fundamentals and adoption debates continue to shape Bitcoin’s outlook. No investment advice is offered.