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Peter Schiff Questions Bitcoin Long Term Edge As Returns Trail Stocks And Gold
Bitcoin’s long-term value is under fresh scrutiny as Peter Schiff questions its performance against stocks and precious metals. His remarks have reignited debate among investors, with supporters like Michael Saylor arguing that different timeframes tell a very different story about Bitcoin’s growth and its place in modern portfolios. Schiff questions Bitcoin’s five-year performance: Peter Schiff pointed to recent data comparing Bitcoin with other assets. He stated that Bitcoin rose only 12% over five years, while traditional markets and metals saw stronger gains. He noted that the Nasdaq increased by 57.4% and ... (full story)
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