Peter Schiff Wishes He Had Bought Bitcoin Earlier

The American stockbroker and gold investor, Peter Schiff, has repeatedly called bitcoin a bubble and said he still doesn’t believe in its long-term future. He had rejected the opportunity to invest in bitcoin when it was trading at a few dollars in 2010. One of bitcoin’s long held critics, he wished he’d bought some regardless of his belief in its long-term thesis. “Do I wish I had made the decision to have thrown $10,000, $50,000, $100,000 into it?” Schiff said on an Impact Theory podcast on Wednesday in a debate with crypto investor Raoul Pal. He presumed that he would be worth hundreds of millions if he did, and was also not sure what he would do in that situation.