--- title: "Economist Peter Schiff Warns of 80% Losses in TRUMP Coin, 55% Drop in Strategy Stock" description: "Economist Peter Schiff warns of significant risks in the cryptocurrency market, particularly regarding the TRUMP coin, which has lost 80% of its value. He criticizes the Strategic Bitcoin Reserve esta" type: "news" locale: "en" url: "https://longbridge.com/en/news/232814203.md" published_at: "2025-03-22T05:20:37.000Z" --- # Economist Peter Schiff Warns of 80% Losses in TRUMP Coin, 55% Drop in Strategy Stock > Economist Peter Schiff warns of significant risks in the cryptocurrency market, particularly regarding the TRUMP coin, which has lost 80% of its value. He criticizes the Strategic Bitcoin Reserve established by former President Trump, suggesting it misleads investors into risky crypto investments. Schiff also expresses concerns about Strategy's stock, which has dropped 55%, citing its reliance on Bitcoin volatility and increasing debt. He believes these trends could lead to substantial losses for investors and potentially a financial crisis if the Strategic Bitcoin Reserve fails. In early March, former U.S. President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve. This move was met with enthusiasm by crypto supporters but drew criticism from traditional economists. One of the most vocal critics is Peter Schiff, a well-known economist and long-time skeptic of cryptocurrencies. Schiff has expressed his concerns about the potential risks associated with the Strategic Bitcoin Reserve. He believes that the policy aims to mislead investors into pouring capital into the crypto industry, which he views as highly speculative and risky. Schiff has consistently preferred gold as a store of value over cryptocurrencies, including Bitcoin. He warns that the current crypto frenzy could lead to significant losses for many American investors, surpassing any previous speculative mania in history. Schiff's criticism extends to the TRUMP meme coin, which he cites as an example of the dangers of crypto investments. The TRUMP coin, which was initially valued at over $70 per coin, has since lost 80% of its value. Schiff argues that the coin's popularity was largely due to its association with Donald Trump, and that many investors were drawn in by the hype rather than a genuine understanding of the risks involved. He warns that similar scenarios could occur with other celebrity-endorsed crypto products, leaving investors with substantial losses. Schiff also expressed his doubts about the investment strategies of firms like Strategy, formerly known as microstrategy. He criticized the firm's risky growth plan, increasing debt, and reliance on Bitcoin price volatility. With Strategy's stock prices having plummeted by 55% from November of the previous year, Schiff believes that the firm is not in a healthy financial position. Schiff's stance on cryptocurrencies is well-documented, and he has consistently opposed governmental adoption of crypto initiatives, labeling them as wasteful spending. He has also denied that Bitcoin presents any long-term value, describing it as a non-real asset. Despite the praise for the Strategic Bitcoin Reserve from participants at the Blockworks Digital Assets Summit, Schiff remains steadfast in his criticism. The establishment of a Strategic Bitcoin Reserve has sparked significant debate, with both officials and civilians expressing opposition. While the Trump administration and some House representatives continue to push for crypto-friendly legislation, many economists, including Schiff, warn about the potential dangers of this initiative. If the Strategic Bitcoin Reserve fails to deliver the promised prosperity and profits, it could lead to a financial crisis, as Schiff predicts. ### Related Stocks - [MSTR.US - Strategy](https://longbridge.com/en/quote/MSTR.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 特朗普次子:从未如此看好比特币 料可升至 100 万美元 | 特朗普次子埃里克表示,他对比特币的前景非常看好,预计其价格将升至 100 万美元。他指出,比特币在过去十年平均每年上涨约 70%,并认为当前的市场波动是暂时的,未来将迎来长期扩张。尽管比特币价格曾低于 500 美元,但他认为其上涨潜力大于风 | [Link](https://longbridge.com/en/news/276416926.md) | | 特朗普主题 ETF 管理公司收购 MAGA 基金 | 约克维尔美国股票有限责任公司(Yorkville America Equities LLC)于 2 月 19 日宣布,计划收购 Point Bridge 美国优先 ETF(MAGA 基金),该公司管理着五只全新 Truth Social 品 | [Link](https://longbridge.com/en/news/276361684.md) | | 分析:比特币小幅走高,但复苏依然乏力 | 比特币小幅上涨,但复苏乏力,仍在关键移动均线下方交投。美国股市因与伊朗的紧张关系承压,市场情绪脆弱,存在下行风险。尽管如此,随着环境变化,潜在复苏的可能性不能排除。自 2 月 6 日触及 16 个月低点后,比特币价格已有所回升。 | [Link](https://longbridge.com/en/news/276431891.md) | | 高院否决、特朗普再加!美国关税税率现在变成什么样了? | 特朗普转用新法对全球加征 10% 关税,令美国与欧盟、日本、韩国等主要贸易伙伴达成的 “投资换关税” 协议有效性受到严重质疑。旧法源被推翻叠加新关税出炉,导致欧盟能源采购及日韩千亿级投资等承诺面临巨大执行不确定性,各国的实际贸易压力或许并未 | [Link](https://longbridge.com/en/news/276508727.md) | | 特朗普称他正考虑对伊朗实施有限打击 | 美国总统唐纳德·特朗普表示,他正在考虑对伊朗实施有限打击。 “我想我可以说,我正在考虑,” 特朗普说。 | [Link](https://longbridge.com/en/news/276455512.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.