彼得·希夫（Peter Schiff）警告邁克爾·塞勒（Michael Saylor）：“黃金會吃比特幣”

財務專家和長期比特幣評論家彼得·希夫（Peter Schiff）再次對他對比特幣（BTC）長期生存能力的懷疑。在最近的帖子中

Financial expert and long-time Bitcoin critic Peter Schiff has once again expressed his skepticism about the long-term viability of Bitcoin (BTC). In a recent post, Schiff directed his remarks at Bitcoin advocate Michael Saylor, the executive chairman of MicroStrategy (NASDAQ:MCR). He argued that Bitcoin has been losing value when measured against gold, an asset he believes will outlast digital currencies.

財務專家和長期比特幣評論家彼得·希夫（Peter Schiff）再次表示對比特幣（BTC）長期生存能力的懷疑。在最近的帖子中，希夫（Schiff）在比特幣倡導者邁克爾·塞勒（Michael Saylor）（NASDAQ：MCR）執行主席Michael Saylor發表了講話。他認為，比特幣在針對黃金的衡量時一直在失去價值，他認為這項資產會超過數字貨幣。

Peter Schiff Warns Michael Saylor: “Gold Will Eat Bitcoin”

彼得·希夫（Peter Schiff）警告邁克爾·塞勒（Michael Saylor）：“黃金會吃比特幣”

In a recent post on the X platform, Bitcoin critic Peter Schiff tagged MicroStrategy CEO Michael Saylor (NYSE:MCR), emphasizing that Bitcoin has been in a bear market for years when measured against gold. Schiff stated that Bitcoin’s value against gold has dropped by 24% since 2021, declining from 36.3 ounces per BTC to 27.7 ounces per BTC.

在X平台上最近的一篇文章中，比特幣評論家彼得·希夫（Peter Schiff）標記了MicroStrategy首席執行官Michael Saylor（NYSE：MCR），強調比特幣在針對黃金的衡量時已經在熊市中一直處於熊市。席夫（Schiff）表示，自2021年以來，比特幣對黃金的價值下降了24％，從每BTC的36.3盎司下降到每BTC的27.7盎司。

Schiff pointed out that many investors fail to see Bitcoin’s real depreciation because they assess it in U.S. dollars rather than gold. He argued that Bitcoin’s declining purchasing power in terms of gold indicates a long-term downtrend, despite periodic price rallies.

席夫指出，許多投資者沒有看到比特幣的真正折舊，因為他們以美元而不是黃金進行評估。他認為，儘管定期集會，比特幣在黃金方面的購買力下降表明長期下降。

More so, the Bitcoin critic added,

更重要的是，比特幣評論家補充說，

“Gold is the Apex predator that will eat Bitcoin.”

“黃金是可以吃比特幣的頂點捕食者。”

More so, Peter Schiff recently criticized Michael Saylor’s Bitcoin strategy, arguing that MicroStrategy’s aggressive BTC acquisitions expose the company to severe financial risks. He pointed out that the firm’s 55% stock decline and increasing debt levels could push it toward bankruptcy if Bitcoin price continues to drop.

更重要的是，彼得·希夫（Peter Schiff）最近批評了邁克爾·塞勒（Michael Saylor）的比特幣戰略，認為微觀策略的積極收購使該公司面臨著嚴重的財務風險。他指出，如果比特幣價格繼續下跌，該公司的55％股票下跌和債務水平提高可能會將其推向破產。

Bitcoin in a Stealth Bear Market, Schiff Claims

Schiff聲稱，隱身熊市的比特幣

According to Peter Schiff, Bitcoin has been in a prolonged stealth bear market when analyzed against gold instead of fiat currencies. He asserted that while Bitcoin price in USD has experienced fluctuations, its value relative to gold has steadily decreased.

根據彼得·希夫（Peter Schiff）的說法，當對黃金而不是法定貨幣分析時，比特幣一直處於長時間的隱形熊市場狀態。他斷言，儘管美元的比特幣價格經歷了波動，但其相對於黃金的價值穩步下降。

Schiff maintains that Bitcoin’s volatility and speculative nature make it unreliable as a store of value. He insists that gold has maintained purchasing power for thousands of years, whereas Bitcoin’s long-term sustainability remains uncertain.

Schiff堅持認為，比特幣的波動性和投機性使其作為價值存儲不可靠。他堅持認為，黃金已經維持了數千年的購買力，而比特幣的長期可持續性仍然不確定。

Addressing Michael Saylor, Schiff emphasized that history favors gold over digital assets. He argued that while Bitcoin supporters claim it is “digital gold,” it lacks intrinsic value and remains susceptible to market speculation.

在邁克爾·塞勒（Michael Saylor）向邁克爾·塞勒（Michael Saylor）講話時，斯基夫強調，歷史比數字資產更有利於黃金。他認為，儘管比特幣支持者聲稱它是“數字黃金”，但它缺乏內在價值，並且仍然容易受到市場投機的影響。

However, while Peter Schiff continues to dismiss Bitcoin as an inferior asset, its supporters maintain that it is a revolutionary financial tool. A recent report highlights that 95% of U.S. spot Bitcoin ETF investors continue to hold their positions despite Bitcoin 25% price drop in 2025.

但是，儘管彼得·希夫（Peter Schiff）繼續將比特幣視為劣等資產，但其支持者堅持認為這是一種革命性的金融工具。最近的一份報告指出，儘管比特幣在2025年的價格下跌25％，但美國95％的現場比特幣ETF投資者仍在保持頭寸。

According to Bloomberg data, while ETF inflows have declined to $35 billion, institutional players, including Goldman Sachs, maintain exposure to Bitcoin ETFs.

根據彭博社數據，儘管ETF流入量已下降到350億美元，但包括高盛（Goldman Sachs）在內的機構參與者保持了對比特幣ETF的影響。

Meanwhile, despite the criticism, MicroStrategy (NASDAQ:MCR) remains committed to its Bitcoin acquisition strategy, announcing plans to raise $21 billion through a preferred stock offering. The company stated that the funds would be used for Bitcoin purchases and corporate expenses.

同時，儘管受到了批評，但MicroStrategy（NASDAQ：MCR）仍致力於其比特幣收購策略，宣布計劃通過優先股的產品籌集210億美元。該公司表示，這些資金將用於比特幣購買和公司支出。