Bitcoin vs Silver Crash: Peter Schiff’s Double Standards Exposed by Experts

Gold bug Peter Schiff just got called out—and the crypto community is taking notes. While Schiff routinely bashes Bitcoin over volatility, his beloved silver just took a nosedive that would make any crypto trader blush. Experts are highlighting the glaring hypocrisy.

The Selective Outrage

Schiff's financial commentary often reads like a broken record: Bitcoin is a bubble, it's too volatile, it has no intrinsic value. Yet when traditional commodities like silver experience their own brutal corrections, the criticism is curiously muted. It's a classic case of old-guard finance applying one set of rules to disruptive tech and another to its own legacy assets.

A Tale of Two Assets

Let's be clear—both markets have their moments. Silver can get hammered by industrial demand shifts or dollar strength. Bitcoin can swing on regulatory whispers or macro sentiment. The difference isn't in the volatility; it's in the narrative. One gets labeled a dangerous gamble, while the other's downturns are framed as 'buying opportunities.' The double standard is so obvious it's almost charming.

The Real Debate Isn't About Volatility

This spat exposes a deeper fault line. The argument was never really about price stability. It's about control. Decentralized digital assets bypass the very gatekeepers—banks, brokers, and yes, gold bugs—who built their empires on scarcity of access. No wonder they're nervous.

So next time a traditionalist scoffs at crypto's price action, maybe ask them how their precious metals portfolio is doing. After all, in the grand casino of finance, everyone's playing the same game—some just hate that the new table has better odds.

A sharp sell-off in silver has unexpectedly reignited one of crypto’s longest-running debates.

Finance expert and author‘s tweet is garnering attention after responding to comments from longtime Bitcoin critic, who weighed in on silver’s sudden drop. Silver plunged as much as, falling from $84 to $72 after CME margin hikes triggered forced liquidations and wiped out billions in Leveraged positions.

Schiff’s conclusion was clear.

“Following a 14% silver correction, silver stocks are even better buys now.”

Perera’s response questioned why the same logic doesn’t apply to Bitcoin.

Same Market Mechanics, Different Judgment

In his tweet, Perera pointed out that Bitcoin’s recentwas driven by thebehind silver’s crash – leverage, margin calls, and forced liquidations.

Silver’s decline was treated as a buying opportunity. Bitcoin’s pullback, according to Schiff, was proof that it’s a “scam” and “going to zero.”

Perera asked a simple question: how can identical market behavior lead to such different verdicts?

A Long Record of Bitcoin Warnings

Perera backed his argument with history. He listed Schiff’s repeated Bitcoin criticisms over the years – from calling it a “fraud” at $5, “tulip mania” at $1,000, and “too expensive” at $3,800, to again labeling it a “scam” near $90,000.

The most pointed part of Perera’s “rant” focused on incentives.

He noted that, Schiff’s son, and Schiff regularly. At the same time, Schiff’s anti-Bitcoin posts generate far more engagement than his Gold commentary.

“Bitcoin IS your marketing strategy.”

Crypto Community Reacts

The broader crypto community echoed the sentiment. One user wrote that bitcoin outrage fuels visibility, while another said: Bitcoin “isn’t the target – it’s the engine.”

Let’s be honest , Bitcoin is Peter Schiff’s biggest engine for growth.

Peter built his brand on Bitcoin audience.

By constantly trashing BTC, he guarantees himself a flood of replies and views from the crypto community that his gold analysis alone simply doesn't generate.

The…

Perera’s critique didn’t try to prove Bitcoin’s value. Instead, it challenged whether the same rules are being applied across markets and that question is what’s keeping the debate alive.