Economist Peter Schiff, who is madly in love with gold, laughs at Bitcoin— by investors due to the sharp rise in the price of the precious metal.
Since the beginning of 2025, BTC has increased in price by 18,61%, while the value of XAU has increased by 36,63% over the same period. Therefore, people who invested in gold earned more profit than those who bought bitcoins. Schiff could not ignore this fact and did not fail to prick members of the crypto community.
Gold just hit a new all-time high of $3,600. It’s moving in exactly the way you’d expect with the U.S. government cutting interest rates and rising inflation. And Bitcoin is flat. Compared to XAU kriptovalyuta has fallen 15% from its 2021 peak. If you chose BTC, you bet on the wrong horse, Peter wrote.
Bitcoin- Investors predictably counterattacked Schiff, pointing out his mistakes, at least as it seemed to them. For example, one commentator claimed that the digital asset will outpace the precious metal in terms of growth in the long term, because the value of BTC will rise to $1 million faster than the price of XAU to $5,000.
However, the graph of the dynamics of the BTC rate change clearly shows the weakening of the bullish trend. Thus, in 2017 kriptovalyuta increased by 2,005%, from 2020 to 2021 by 1,664%, and from 2022 to 2025 by only 688%. If the current trend continues, the amount of profit from investing in bitcoin and gold will equalize over a long period.
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