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Peter Schiff Concedes Bitcoin Won't Hit Zero, Attacks Strategy's Latest Buy

6/8/2026

Peter Schiff, the gold advocate and long-time Bitcoin skeptic, acknowledged during a debate that $BTC "will not go to zero" — a notable softening of his position — while simultaneously criticizing Strategy's most recent Bitcoin purchase.

A Partial Retreat, Not a Conversion The concession is narrow. Schiff did not endorse Bitcoin or revise his broader critique of the asset.

His acknowledgment that the price floor sits above zero amounts to a technical admission rather than a fundamental change of view.

For a figure who has spent years predicting Bitcoin's collapse, the statement is nonetheless a marker.

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