Bitcoin’s newest slide has reopened one of many market’s most persistent feuds – the conflict between Peter Schiff’s hard-money skepticism and Michael Saylor’s unshakeable Bitcoin conviction.
However this time, the tone is sharper, and the hole between their worldviews appears to be like wider than ever.
Schiff resurfaced in the course of the downturn with a recent warning about Technique’s heavy Bitcoin publicity. He identified that the corporate’s inventory has suffered a deep correction since final 12 months and argued that years of piling into Bitcoin with borrowed capital have left it weak now that the market is underneath stress. From his perspective, the corporate’s huge BTC stash – greater than 640,000 cash gathered at a wide ranging value – hasn’t generated the form of cushion traders would possibly count on.
$MSTR is down over 64% from its November 2024 excessive. Extra considerably, @saylor spent the final 5 years levering up the stability sheet by spending in extra of $47.5 billion shopping for over 640K Bitcoin at a mean value of $74K. That place now has a paper acquire of simply 27%.
— Peter Schiff (@PeterSchiff) November 14, 2025
What stirred much more controversy was Schiff’s insistence that Bitcoin itself behaves like fiat cash as a result of its worth will depend on perception relatively than intrinsic substance. As standard, the declare set off a well-recognized storm on-line, although Schiff appeared unfazed by the backlash.
Saylor, for his half, made no try to counter any of it. As a substitute, he posted a easy replace: Technique had been shopping for Bitcoin daily all through the market turbulence.
All of this unfolded throughout a heavy week for the crypto market, with Bitcoin briefly dipping towards the upper-$90,000 zone and analysts flagging renewed motion from older wallets. The noise round leverage, pressured sellers, and liquidity solely amplified the controversy round whether or not Technique’s Bitcoin-centric stability sheet is visionary or dangerously inflexible.
What makes this spherical of arguments attention-grabbing just isn’t the insults or the memes however the underlying disconnect. Schiff sees the downturn as proof that Bitcoin stays unstable and speculative. Saylor sees the identical value motion as a really perfect accumulation window. They’re not reacting to the identical alerts – they’re following completely totally different monetary philosophies.
And since neither man retreats from his place, each main value transfer turns into one other chapter in a rivalry that refuses to fade. Whether or not Technique’s long-term Bitcoin accumulation proves to be a generational triumph or a cautionary story continues to be unknown – however each side are already satisfied they know the ending.
