update 18 August 2021

Has Peter Schiff Lost All His Bitcoin?

On the 19th of January 2019, Peter Schiff claimed to lose access to all his Bitcoin holdings. Schiff is the CEO of Euro Pacific Capital, as well as the founder chairman of SchiffGold. He is also a renowned Bitcoin critic, quite skeptical about the crypto, exceedingly bullish when it comes to gold, and likewise bearish on the USD.

On the 4th of July 2019, Schiff claimed to have three crypto assets, Bitcoin, Ethereum, and Bitcoin Cash. He also said he would HODL his Bitcoin without regard to whatever happens to its price. Today, he expressed his anger on Twitter, towards Bitcoin, following the alleged loss of access to the cryptocurrency wallet that holds his Bitcoin.

What Some Crypto Enthusiasts Think about Peter Schiff Issue

Some people in the cryptocurrency space are not convinced why Schiff thinks he has lost access to the wallet. He thinks the wallet has become corrupt because the password to it is not working.

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Anthony Pompliano, also known as Pomp, believes that Shiff has simply forgotten his password. Nevertheless, Schiff replied that he did not forget his password, and Pomp offered to help him recover his crypto asset. As per Schiff, the loss of access to his wallet was not due to his incorrect setup. He claimed that Eric Voorhees helped him set it up.