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Economist Peter Schiff: Bitcoin should be purchased, a tokenized gold platform and a new bank will be launched

Oct 23, 2025 09:58:54

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ChainCatcher news, according to market news, economist Peter Schiff stated that if he had bought Bitcoin when he first heard about it, he would have gained the most profit in his career, and he said, "In hindsight, I should have done that." However, he also believes that most investors will ultimately lose money on Bitcoin.

Peter Schiff announced the launch of a tokenized gold platform and a new neobank. The platform allows gold to be used as a payment medium, enabling users to send and receive payments and use a debit card, with gold automatically sold for settlement during transactions. Schiff stated that accounts and payment tools priced in gold will be provided.

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