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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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