Peter Schiff: Gold Will Replace U.S. Dollar As Neutral Reserve Asset (But He Has His Own Strategic Bitcoin Reserve)

Natalie Brunell is joined by Peter Schiff, economist and gold advocate, for a fiery and wide-ranging conversation ahead of their live stage appearance at the Bitcoin Conference in Las Vegas.

Schiff doesn’t hold back, calling Bitcoin a “meme coin,” criticizing Trump’s economic policies, and warning that America is on the brink of economic collapse fueled by debt, inflation, and political dysfunction. Topics iinclude:

• Why Schiff is still anti-Bitcoin despite holding his own “Strategic Bitcoin Reserve”
• Gold vs. Bitcoin: trust, counterparty risk, and final settlement
• Schiff’s take on the "Big Beautiful Bill" and why it guarantees higher deficits
• The myth of “growing out of the debt” and what needs to happen instead
• Foreign central banks ditching dollars for gold and what it means for the dollar’s reserve status
• How Schiff would fix the U.S. economy (but why it won’t happen)

Guest Bio: Peter Schiff is the Founder, CEO and Global Strategist of Euro Pacific Capital and host of The Peter Schiff Show. He is an economic forecaster and investment advisor influenced by the free-market Austrian School of economics. His book, "The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country," warns that the 2008 crisis was just the prelude to a larger sovereign debt crisis in the United States that may lead to a collapse of the US dollar. Follow Peter on X at https://x.com/PeterSchiff. 

----

Coin Stories is powered by Bitwise. Bitwise has over $10B in client assets, 32 investment products, and a team of 100+ employees across the U.S. and Europe, all solely focused on Bitcoin and digital assets since 2017. Learn more at https://www.bitwiseinvestments.com 

----

Coin Stories is also powered by Bitdeer Technologies Group (NASDAQ: BTDR) is a publicly-traded leader in Bitcoin mining and high-performance computing. Learn more at https://www.bitdeer.com 

----

Natalie’s Bitcoin Product and Event Links:

• Secure your Bitcoin with collaborative custody and set up your inheritance plan with Casa: https://www.casa.io/natalie 
• Block's Bitkey Cold Storage Wallet was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES at https://bitkey.world  
• Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie 
• For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Get 5000 sats when you download using this link and promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/ 
• Safely self-custody your Bitcoin with Coinkite and the ColdCard Wallet. Get 5% off: https://store.coinkite.com/promo/COINSTORIES 
• River is where I DCA weekly and buy Bitcoin with the lowest fees in the industry: https://partner.river.com/natalie  
• Earn 2-4% back in Bitcoin on all your purchases with the orange Gemini Bitcoin credit card: https://www.gemini.com/natalie  
• Bitcoin 2026 will be here before you know it. Get 10% off Early Bird passes using the code HODL: https://b.tc/conference 
• Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America’s most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie  
• Your Bitcoin oasis awaits at Camp Nakamoto: A retreat for Bitcoiners, by Bitcoiners. Code HODL for discounted passes: https://massadoptionbtc.ticketspice.com/camp-nakamoto     

----

This podcast is for educational purposes and should not be construed as official investment advice.

----

VALUE FOR VALUE — SUPPORT NATALIE’S SHOWS

• Strike ID https://strike.me/coinstoriesnat/
• Cash App $CoinStories

#money #Bitcoin #investing