Cryptocurrency critic Peter Schiff admits regretting not buying BTC

Gold enthusiast and cryptocurrency critic Peter Schiff has finally admitted that he regrets not buying Bitcoin (BTC). Schiff stated that as early as 2010, he considered investing up to $50,000 in Bitcoin when the asset's trading price was still well below $1. He ultimately refused to purchase, calling the idea "absurd." Schiff has long argued that the asset cannot compare to precious metals, and his argument remains unchanged that Bitcoin has no potential use cases, making its value purely speculative and thus posing a risk of its price dropping to zero.