{"id":15389,"date":"2024-03-14T10:00:45","date_gmt":"2024-03-14T10:00:45","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=15389"},"modified":"2024-03-14T08:06:15","modified_gmt":"2024-03-14T08:06:15","slug":"peter-schiff-wishes-he-had-bought-more-bitcoin","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/","title":{"rendered":"Peter Schiff Wishes He Had Bought More Bitcoin"},"content":{"rendered":"

Peter Schiff, once a staunch critic of Bitcoin<\/strong><\/a>, has had a change of heart, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010. In a recent interview on Impact Theory with Real Vision’s Raoul Pal, Peter Schiff expressed his hindsight, acknowledging that he missed out on a potential windfall.<\/p>\n

Previously branding Bitcoin<\/a> as a “pure ponzi” with no intrinsic value, Schiff now reveals that he contemplated purchasing Bitcoin when it was trading at around $1, but ultimately dismissed the idea as “ridiculous.” Despite his admission of regret, Schiff maintains his skepticism towards Bitcoin’s fundamentals, suggesting that if he had invested, he would have done so purely as a speculative move, banking on others’ willingness to pay higher prices.<\/p>\n

Schiff’s ongoing aversion to Bitcoin stems from his belief that it lacks substance and relies solely on speculative demand. Despite occasional acknowledgments that Bitcoin has defied his expectations by not collapsing, Schiff remains critical of its long-term viability.<\/p>\n

\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a> channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Peter Schiff, once a staunch critic of Bitcoin, has had a change of heart, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010. In a recent interview on Impact Theory with Real Vision’s Raoul Pal, Peter Schiff expressed his hindsight, acknowledging that he missed out on<\/p>\n","protected":false},"author":6,"featured_media":13618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,60],"class_list":["post-15389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"yoast_head":"\nPeter Schiff Wishes He Had Bought More Bitcoin - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Peter Schiff, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peter Schiff Wishes He Had Bought More Bitcoin - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Peter Schiff, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-14T10:00:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-14T08:06:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/\",\"name\":\"Peter Schiff Wishes He Had Bought More Bitcoin - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp\",\"datePublished\":\"2024-03-14T10:00:45+00:00\",\"dateModified\":\"2024-03-14T08:06:15+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"description\":\"Peter Schiff, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010.\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp\",\"width\":864,\"height\":486,\"caption\":\"peter schiff bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Peter Schiff Wishes He Had Bought More Bitcoin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Peter Schiff Wishes He Had Bought More Bitcoin - Coin Engineer","description":"Peter Schiff, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/","og_locale":"en_US","og_type":"article","og_title":"Peter Schiff Wishes He Had Bought More Bitcoin - Coin Engineer","og_description":"Peter Schiff, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010.","og_url":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/","og_site_name":"Coin Engineer","article_published_time":"2024-03-14T10:00:45+00:00","article_modified_time":"2024-03-14T08:06:15+00:00","og_image":[{"width":864,"height":486,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp","type":"image\/webp"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/","url":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/","name":"Peter Schiff Wishes He Had Bought More Bitcoin - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp","datePublished":"2024-03-14T10:00:45+00:00","dateModified":"2024-03-14T08:06:15+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"description":"Peter Schiff, admitting that he now regrets not buying the cryptocurrency when it was first introduced to him in 2010.","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/02\/tempory-39.webp","width":864,"height":486,"caption":"peter schiff bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/peter-schiff-wishes-he-had-bought-more-bitcoin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Peter Schiff Wishes He Had Bought More Bitcoin"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/15389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=15389"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/15389\/revisions"}],"predecessor-version":[{"id":15390,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/15389\/revisions\/15390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/13618"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=15389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=15389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=15389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}