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January 22, 2025

Peter Schiff Calls Bitcoin a Meme Coin and Goldbugs Push Back: The Crypto Debate Heats Up

Prominent Bitcoin critic Peter Schiff reignited discussions over the legitimacy of Bitcoin by labeling it a meme coin without intrinsic value. On Tuesday, Schiff took to X to respond to Anthony Pompliano’s commentary on meme coins. He pointed out the similarities between Bitcoin and newer meme assets, such as TRUMP. This statement has sparked responses from both Bitcoin supporters and critics alike. Many Bitcoin advocates argue that the crypto asset has real value and utility that separates it from traditional meme coins. Coin after coin, these discussions continue to shape the perception and future of Bitcoin in the ever-evolving cryptocurrency landscape.

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