2025-12-05 17:20:19

On December 4, Dubai hosted a long-awaited "rival showdown" that had been anticipated for 12 years—the "Gold vs Bitcoin" debate of the century.

The main character, Peter Schiff, is no stranger to fame. In 2006-2007, he was the only analyst bold enough to publicly warn about the subprime mortgage collapse live on CNN. His accurate prediction earned him the nickname "Dr. Doom."

But his feud with Bitcoin runs even deeper. Back in 2013, when BTC was still at $300, he began attacking it as a "Ponzi scheme." As the price soared all the way to over $100,000 in 2025, his stance never wavered. This earned him a nickname in the crypto community—"Peter Bitcoin $0."

Interestingly, in 2025, he spent several months on social media relentlessly challenging a major figure in the crypto world. Ultimately, this ideological clash spanning twelve years finally took center stage under the Dubai spotlight.

A gold believer vs a digital currency enthusiast—what sparks will fly in this debate?

BTC-1.59%

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DancingCandles

· 10h ago

Peter is really the poster child for a reverse indicator. The more he says BTC is going to zero, the more it pumps. Hilarious. --- Still arguing for gold in 2012? That level of persistence is impressive, just a pity the direction was wrong, haha. --- Doomsday Doctor has made so many predictions—will he finally make a comeback in Dubai this time? I bet 5u he won't. --- The crypto community calling him "Bitcoin $0" is just perfect. Every time he's proven wrong, it's another point on the board. --- Honestly, I can't understand Peter's logic. What can gold do that BTC can't? Other than strip-mining the earth. --- This debate is pure entertainment—the ending was written long ago: Bitcoin keeps rising, and he keeps ranting. --- Gold vs Bitcoin? Isn't that just traditional finance vs the future? This debate was overdue. --- I just want to know how he's going to spin his "BTC is bankrupt" argument this time. That's what I'm here for.

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degenonymous

· 12-05 17:45

Haha, Peter "Bitcoin $0" is truly a brilliant nickname. I have to give a thumbs up to the crypto community's namers for this one. --- So, his empty prediction from 2013 still hasn't come true—now that's some real stubbornness. --- Bro, it's time to face reality. Gold is still sitting there, and BTC is already at a hundred thousand. --- Looking forward to this debate, but it’ll probably be the same old arguments, nothing new. --- A classic remnant of traditional finance—when you can’t keep up with the times, you just start arguing. --- I just want to know how he’ll spin his 12-year failed prediction. That’s the real highlight. --- Gold vs. Bitcoin isn’t a binary choice, everyone. Allocating both is the right answer. --- Peter’s level of obsession... it’s kind of pathological, honestly. --- This Dubai event is bound to be a disaster. The whole crypto space is waiting to see him embarrass himself. --- To be fair, his 2007 prediction was actually accurate, but when it comes to Bitcoin, he’s way off the mark.

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fomo_fighter

· 12-05 17:45

This guy is really tenacious. It's been 12 years and he's still grinding with Bitcoin. I have to salute him.

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MetaMaskVictim

· 12-05 17:44

Now when I look at Peter Schiff's face, I just remember how he used to bash BTC, but crypto folks have a really strong memory, haha.

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LootboxPhobia

· 12-05 17:43

The old gold guy is still being stubborn, I can't stop laughing.

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WhaleStalker

· 12-05 17:31

Haha, this guy Peter is really something. He’s been bashing from $300 all the way to $100,000 and still stubbornly holding onto gold. That kind of persistence deserves an award.

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