Popular Economist Peter Schiff Warns Bitcoin Is Near Bear Market Territory
Veteran economist Peter Schiff is doubling down on his long-standing skepticism of Bitcoin, claiming it’s near bear market territory — not in dollar terms, but against gold. Since mid-August, BTC’s value in gold has dropped nearly 20%, erasing gains and testing 2021 peak ratios.

A Tale of Two Assets: Bitcoin vs. Gold
Schiff’s argument hinges on BTC/Gold ratio, not USD price.
Asset | 2025 Performance |
---|---|
Gold | +36% YTD, +40% over 12 months |
Bitcoin (BTC) | +96% over 1 year, but down from highs near $124K |
🔹 Key Insight
- 📉 BTC priced in gold has dropped ~20% since mid-August
- 📊 At its 2021 peak, BTC bought ~50x more gold — today, that ratio is down double digits
- 🏦 Schiff: “Gold holds value across cycles — Bitcoin swings wildly.”
But critics counter:
“Gold doesn’t predict markets. Bitcoin doesn’t just store value — it powers them.”
Schiff’s Broader Critique: Gold Over Crypto
Schiff remains a gold purist.
“Even if I had to choose between Bitcoin and Ethereum, I’d pick Bitcoin — but I’d rather have gold.”
His core beliefs:
- ✅ Gold = real, physical, inflation-resistant
- ❌ Bitcoin = speculative, volatile, unproductive
- 💡 Crypto = tech play, not a store of value
With gold hitting all-time highs in 2025, his argument has short-term appeal.
The Flaw in Schiff’s Logic: Digital Wealth Needs Digital Tools
Gold won’t:
- 🧠 Predict market trends
- 📊 Power DeFi lending
- 🔗 Enable cross-border smart contracts
- 🤖 Run AI-driven analytics
That’s where next-gen crypto comes in.
Could Ozak AI Be the Real Hedge of the Future?
While Schiff looks to the past, Ozak AI (OZ) is building the future.
From the official site:
“Ozak is Predictive AI powered decentralized network for advanced data analytics & interpretation.”
✅ Why It Stands Out
- 🔐 CertiK-Audited & Secured — full transparency and safety
- 🧠 AI-Powered Predictive Analytics — real utility for traders
- 💰 Presale Live (Phase 4) — $OZ at $0.012
- 🎯 10 Billion Supply (Hard Cap) — deflationary model
- 🤝 10% Referral Bonus — community-driven growth
- 🧱 70% of tokens to presale & community — fair, decentralized distribution
With $2.5M+ raised, Ozak AI is building the intelligence layer for the next wave of DeFi, RWA, and institutional finance.
Final Outlook: Gold Is Safe — But Ozak AI Is Strategic
Peter Schiff isn’t wrong about volatility — he’s just looking at the wrong future.
Because in 2025,
The best hedge isn’t what you hide under the mattress…
It’s what you build with: intelligence, security, and utility.
And right now,
that’s Ozak AI.