Schiff's $10K Bitcoin Fantasy: A 92% Crash Would Finally Disappoint HODLers (But Strategy's Still Buying)

Peter Schiff, the eternal Bitcoin contrarian, has done it again. The gold maximalist recently claimed that if Bitcoin ends 2026 at $10,000, "it will still be the best-performing asset over ten years." Classic Schiff—finding a silver lining so broad it's basically a cloud. The man who called Bitcoin "better than lottery tickets" in 2013 is still out here calculating hypothetical apocalypse scenarios while BTC holders collect lambos. We love a determined hater.

Taking a swipe at Michael Saylor's Strategy, Schiff quipped, "I'm sure @Saylor will rely on that to keep pumping Bitcoin and issuing more shares of $MSTR to buy it. But a 92% decline will make it the worst-performing investment for most HODLers." Ah yes, the old "even if you lose 92%, you're still winning" defense. Schiff really said: "Sure, you might get rekt, but at least you'll be rekt in style." Meanwhile, MSTR continues printing more shares faster than the Fed prints money—just another day in the degensphere.

Despite Bitcoin outperforming Schiff's beloved gold and silver during periods of market stress, the Euro Pacific Capital chief continues to dismiss the flagship crypto as a credible alternative to traditional stores of value. He's even urged investors to 'buy silver' while Bitcoin sentiment has climbed steadily among institutional players. Schiff's gold standard has underperformed Bitcoin for a decade, yet here we are, watching him tell people to buy the shiny rock while BlackRock files