Schiff on Coin Telegraph: Bitcoin Leverage Is a Trap
Interviews | SchiffGold | 19 May, 2026
In a recent interview on the Coin Telegraph YouTube channel, Peter takes aim at the growing use of leverage to buy Bitcoin, focusing on Strategy’s (formerly Microstrategy) debt-fueled strategy and its risks for ordinary investors. He warns that borrowing to buy a volatile asset creates fragile finance that can wipe out retirements, and he contrasts Bitcoin’s speculative appeal with his preferred hedges against currency debasement.
Bitcoin
Crypto
debt
gold
investing
leverage
Michael Saylor
Ponzi finance
silver
Strategy