meta_pixel
Tapesearch Logo
Log in
CoinDesk Podcast Network

Peter Schiff Argues Most Crypto Companies Are Headed for Bankruptcy | Markets Outlook

CoinDesk Podcast Network

CoinDesk

Daily News, Business News, Tech News, News

4.8689 Ratings

🗓️ 5 December 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

SchiffGold Founder Peter Schiff on CoinDesk Live from Binance Blockchain Week. SchiffGold Founder and Euro Pacific Asset Management Chief Economist Peter Schiff joins CoinDesk Live, presented by Celo, at Binance Blockchain Week to discuss his views on the current crypto market and his debate with CZ. In a no holds barred interview, Schiff compares the modern digital asset boom to the 2005-2006 subprime mortgage bubble and argues that most crypto companies are headed for bankruptcy. - This episode was hosted by Jennifer Sanasie and Sam Ewen.

Transcript

Click on a timestamp to play from that location

0:00.0

Our next guest is in town for debate with CZ, founder of Shipgold and Chief Economist for Euro Pacific Asset Management.

0:13.0

Peter Schiff joins us now. Peter, nice to see you again.

0:16.0

Well, nice to be seen.

0:18.0

All right, the last time you and I spoke, you said when you come to crypto conferences, people come

0:22.6

up to you all the time and thank you for introducing them to the path of looking for hard

0:30.1

assets and that sometimes leads them to Bitcoin.

0:32.6

Has that happened here yet?

0:33.6

Well, you know, I haven't really heard people say that. A lot of people have come up to me

0:39.1

and just asked her selfies and said, you know, hey, I'm a big fan. I've been following you, but

0:46.0

nobody has really mentioned that I'm the reason that they own crypto yet. But I'm sure that's the

0:52.1

case. But that was what happening to me very frequently in the U.S. But I'm sure that's the case. But that was happening to me very frequently in the U.S.

0:57.9

when I was at the conference in May. And probably because I think a lot more people know about me

1:04.7

in the United States because that's where I'm based and that's where I initially got popular.

1:09.5

So I probably had a lot of influence among Americans who found their way to Bitcoin.

1:16.9

You know, when I first got popular, it was after the financial crisis hit.

1:21.0

So 2009, 2010, 2011.

1:24.0

And that's when Bitcoin kind of came on the scene very you know underneath the

1:28.3

radar but as people started finding out about it you know 2013 14 15 you know

1:34.0

17 a lot of those people were people who had already been reading my stuff and

1:39.8

following me and yeah that's they eventually ended up at Bitcoin. And had I not opened their eyes to

1:46.7

sound money and Austrian economics and this, you know, understanding the Fed and fiat money,

1:53.7

they may never have, you know, gotten into Bitcoin, or at least not at the time that they did.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.