Peter Schiff
speaker
879 appearances
1 recordings
1 series
first heard Jul 2026
last heard 23 Jul
Peter Schiff’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
That's basically reality.
Over the last what?
Five years.
Five years?
Okay, so Michael Saylor is the biggest buyer of Bitcoin in the world.
He's been buying for over five years.
And he's down, his average cost is 75,000 on 60 some odd billion worth of Bitcoin.
And Bitcoin is 65,000.
He's down 10,000 per Bitcoin after having bought it over five years.
So if his experience is typical of other people who have been average, well, I mean, he's been buying every week for years and years and years and he's losing money, losing money.
Well, yeah, obviously he spent a lot more money when Bitcoin was higher than he did when- Hence why he is down.
Yes, yes.
That's how math works.
Okay, I guess I will concede that point.
Okay, that's great.
But-
Bitcoin first got to 64,000 in April of 2021.
Okay.
It's barely higher than that now.
Bitcoin got to 69,000 in November of 2021.
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