Peter Schiff Tops Bitcoin 'Obituary' List, Ranks Ahead of Warren Buffett and Jamie Dimon

Economist Peter Schiff leads a satirical "Bitcoin obituary list" with 18 predictions of Bitcoin's demise, ahead of Warren Buffett and Jamie Dimon. Schiff's skepticism of Bitcoin has been consistent, but the cryptocurrency has risen 40% since his latest prediction in April. Despite this, Schiff remains a contrarian and continues to express his views on Bitcoin.

Economist Peter Schiff has once again made headlines by leading a satirical "Bitcoin obituary list," where he ranks first for predicting the cryptocurrency's demise 18 times. Schiff's long-standing skepticism of Bitcoin has been well-documented, but the cryptocurrency has shown remarkable resilience, rising 40% since his latest prediction in April [1].

The list, humorously titled "Hall of Fame," ranks critics based on the number of times they declared Bitcoin "dead." Schiff, who is known for his gold bug views, topped the list with 18 obituaries. His last prediction came in April, when he suggested that the financial crisis of 2025 could mark the end of Bitcoin. However, Bitcoin has since surged, trading at $113,216 at the time of writing, up 1.75% in the last 24 hours [1].

Schiff's views on Bitcoin are not without irony. He has acknowledged that his teachings on economics and sound money inadvertently led many to invest in Bitcoin, describing it as an "unintended consequence." He even participated in the Bitcoin 2025 conference, intending to present "contrarian opinions" on the apex cryptocurrency [1].

Meanwhile, the cryptocurrency market continues to evolve. Tokyo-listed Metaplanet, for instance, has been aggressively accumulating Bitcoin, aiming to reach 210,000 BTC by 2027. As of the latest filing, Metaplanet holds 18,991 BTC, acquired through bond programs and share issuances. The company's strategy involves treating Bitcoin as a primary reserve asset and using disciplined treasury operations to grow holdings [2].

Despite Schiff's skepticism and Metaplanet's ambitious accumulation, Bitcoin's future remains uncertain. The cryptocurrency's volatility and regulatory environment pose significant risks. However, Schiff's continued presence on the "Bitcoin obituary list" serves as a reminder that even the most skeptical of voices can be proven wrong by the market's unpredictable nature.

References:
[1] https://www.benzinga.com/crypto/cryptocurrency/25/08/47300723/peter-schiff-leads-bitcoin-obituary-list-ahead-of-warren-buffett-and-jamie-dimon-at-least-i-made-the-top
[2] https://en.coinotag.com/metaplanet-may-pursue-210000-btc-target-by-2027-after-boosting-bitcoin-stash-to-18991-btc-via-bonds-shares/