彼得·希夫（Peter Schiff）对比特币的批评加倍，称其为“主要熊市”

著名的黄金倡导者和长期的比特币评论家彼得·席夫（Peter Schiff）在他最近的一份声明中对比特币发表了重大评论。

Prominent gold advocate and long-time Bitcoin critic Peter Schiff has made a major comment about Bitcoin in one of his recent statements.

著名的黄金倡导者和长期的比特币评论家彼得·希夫（Peter Schiff）在他最近的一份声明中对比特币发表了重大评论。

The outspoken critic of the flagship cryptocurrency claimed that Bitcoin is in a “major bear market,” highlighting its performance against gold since its November 2021 peak.

旗舰加密货币的直言不讳的批评家声称，比特币处于“主要熊市”状态，自2021年11月的高峰以来，它强调了其对黄金的表现。

Peter Schiff Says Bitcoin Lost 30% Value Priced in Gold

彼得·希夫（Peter Schiff）说，比特币损失了30％的价值

In a recent tweet, Schiff highlighted that despite several developments that should have been positive for Bitcoin’s price, the cryptocurrency has lost significant value when measured against gold.

Schiff在最近的一条推文中强调说，尽管有几个进展应该对比特币的价格是积极的，但是当针对黄金衡量时，加密货币的价值却失去了显着价值。

“Since its peak price in November of 2021, despite all the ETFs, massive leveraged buying by $MSTR, the election of the first Bitcoin president, and the creation of a Bitcoin Strategic Reserve, Bitcoin has lost 30% of its value priced in gold,” Schiff stated.

Schiff说：“尽管有所有ETF，尽管所有ETF，但MSTR的大量杠杆购买，第一位比特币总统的选举以及创建比特币战略储备，比特币损失了其价值的30％，其价值的30％。”

Since its peak price in November of 2021, despite all the ETFs, massive leveraged buying by $MSTR, the election of the first Bitcoin president, and the creation of a Bitcoin Strategic Reserve, Bitcoin has lost 30% of its value priced in gold. Bitcoin is in a major bear market.

自2021年11月的高峰价格以来，尽管所有ETF，$ MSTR的大量杠杆购买，第一位比特币总裁的选举以及创建比特币战略储备，比特币损失了其价值的30％。比特币处于主要熊市。

— Peter Schiff (@PeterSchiff) April 11, 2025

- 2025年4月11日

Schiff’s comments come as Strategy’s recent Bitcoin acquisitions have fallen into the red. Saylor had also raised $722 million in March to accelerate his Bitcoin bet.

席夫（Schiff）的评论发表在战略最近的比特币收购中。塞勒（Saylor）还在三月份筹集了7.22亿美元，以加速他的比特币下注。

According to data from Saylortracker, the company’s purchases made on March 31, March 24, February 24, and February 10, 2025, are all currently showing losses ranging from 2.2% to 15.44%. Only their March 17 purchase of 130 BTC shows a modest 0.43% gain.

根据Saylortracker的数据，该公司于3月31日，2月24日和2025年2月10日进行的购买，目前显示的损失范围为2.2％至15.44％。只有他们3月17日购买130 BTC的收益显示出0.43％的增益。

Schiff’s critique centers on challenging the popular “digital gold” narrative that has been used to promote Bitcoin as a store of value similar to physical gold. According to Schiff, Bitcoin’s underperformance against gold over the past several years contradicts this positioning.

席夫（Schiff）的批评集中在挑战流行的“数字黄金”叙事中，该叙述被用来推广比特币，作为类似于实物黄金的价值存储。根据席夫（Schiff）的说法，比特币在过去几年中对黄金的表现不佳与这种位置相矛盾。

In an earlier tweet, Schiff directly attacked this comparison: “Bitcoin is crashing harder than stocks, yet people still call it ‘digital gold.’ But if it were truly digital gold, wouldn’t it act more like gold?” He further characterized Bitcoin as behaving like a high-risk asset, just like penny stocks, rather than a stable store of value.

在较早的推文中，希夫直接攻击了这一比较：“比特币比股票更难崩溃，但人们仍然称其为“数字黄金”。但是，如果它确实是数字黄金，它会更像黄金吗？”他进一步将比特币表征为像高风险的资产一样，就像一分钱股票一样，而不是稳定的价值存储。

The gold advocate’s argument is strengthened by data showing MicroStrategy’s recent Bitcoin purchases are now underwater. Their largest recent acquisition of 22,048 BTC at an average price of $86,969 on March 31, 2025, has lost over $97 million in value, representing a 5.08% decline. Similarly, their February 24 purchase of 20,356 BTC at $97,514 is down 15.44%, resulting in a loss exceeding $307 million.

通过数据表明，微观策略最近购买的比特币采购现在已经在水下来加强黄金倡导者的论点。他们最近最大的收购为22,048 BTC，平均价格为2025年3月31日的86,969美元，价值损失了超过9700万美元，下降了5.08％。同样，他们2月24日以97,514美元的价格购买了20,356 BTC，下降了15.44％，损失超过3.07亿美元。

Schiff questions the rationale behind including such a volatile asset in strategic reserves, stating that this narrative “is crumbling fast” as Bitcoin fails to demonstrate the stability expected from a gold-like asset.

席夫（Schiff）质疑背后的基本原理包括在战略储备中包括这种波动的资产，并指出，由于比特币未能证明像黄金般的资产预期的稳定性，这种叙述“正在迅速崩溃”。

Strategy’s Recent Bitcoin Acquisitions Show Significant Losses

策略最近的比特币采集显示出巨大的损失

This was not the first time Peter Schiff criticized Strategy. Earlier in March, Schiff criticized Strategy’s Bitcoin strategy amidst the Bitcoin crash.

这不是彼得·希夫（Peter Schiff）第一次批评战略。 3月初，希夫批评了比特币崩溃中策略的比特币战略。

Strategy led by Bitcoin advocate Michael Saylor has continued his aggressive Bitcoin accumulation strategy throughout 2025. However, recent purchases are now showing negative returns.

由比特币倡导者迈克尔·塞勒（Michael Saylor）领导的策略一直在2025年继续他的积极的比特币积累策略。但是，最近的购买现已显示出负面的回报。

According to the figures, Strategy’s largest recent Bitcoin purchase occurred on March 31, 2025, when the company acquired 22,048 BTC at an average price of $86,969 per coin. This was a total investment of $1.92 billion. At current prices, this investment has declined in value by $97,469,326.40, or 5.08%.

根据该数据，战略最大的最近购买比特币的购买发生在2025年3月31日，当时该公司以每枚硬币为86,969美元的平均价格收购了22,048 BTC。这是一笔19.2亿美元的投资。以目前的价格，这项投资的价值下降了97,469,326.40美元，即5.08％。

The company’s February purchases have fared even worse. The February 24 acquisition of 20,356 BTC at $97,514 per coin has lost 15.44% of its value, translating to a paper loss of $307,333,345.80. Similarly, the February 10 purchase of 7,633 BTC at $97,255 is down 15.01%, or $111,441,335.65.

公司2月的购买情况甚至更糟。 2月24日以每枚硬币97,514美元的价格收购20,356 BTC的收购损失了其价值的15.44％，转化为纸质损失307,333,345.80美元。同样，2月10日以97,255美元的价格购买7,633 BTC的价格下跌了15.01％，即$ 111,441,335.65。

These losses come despite the various positive developments for Bitcoin that Schiff referenced. This includes ETF approvals and institutional adoption.

尽管希夫提到的比特币有各种积极的发展，但这些损失仍在。这包括ETF批准和机构采用。

Schiff Questions Bitcoin’s Role In Investment Portfolios

Schiff质疑比特币在投资组合中的作用

Peter Schiff has expanded his criticism beyond Bitcoin’s price performance to question its fundamental role as an investment asset. In

彼得·希夫（Peter Schiff）将批评扩大到比特币的价格绩效之外，以质疑其作为投资资产的基本作用。在