“But for all practical purposes, for most investors, it will feel like zero... Bitcoin will lose over 99% of its market value, even if it still trades above zero.”
Peter Schiff, Stock Broker / Economist · Bitcoin since: +23%
As published by Benzinga
A little perspective.
Bitcoin on that day$65,601June 16, 2026
$100 at that price$122.52At our latest price check
Illustrative value using a Bitcoin price of $80,377, checked Oct 29, 2026, 8:23 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Peter Schiff appears in 26 recorded obituaries. 28 declarations were recorded in 2026.
Keep the receipt.
Bitcoin Is Dead. “Peter Schiff Explains Why Bitcoin Isn't Going To Zero, But For Most Investors 'It Will Feel Like Zero'” — Peter Schiff, Benzinga, June 16, 2026. Bitcoin: $65,600.64. https://bitcoindeaths.com/posts/2026-06-16-peter-schiff-explains-why-bitcoin-isnt-going-to-zero-but-for-most-investors-it-will-feel-like-zero