Peter Schiff Claims He Has Lost All His Bitcoin

News / 19.01.2020

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

He claimed to have three crypto assets (BTC, ETH, and BCH) on July 4, 2019. He also said he would HODL his Bitcoin without regard to whatever happens to its price.

On Twitter today, he expressed his anger towards BTC, following the alleged loss of access to the cryptocurrency wallet that holds his Bitcoin:

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

Anthony Pompliano, also known as Pomp, believes that Schiff has simply forgotten his password.

However, Schiff replied that he did not forget his password and Pomp offered to help him with the recovery of his crypto asset:

According to 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:


Featured image courtesy of SchiffGold. Source: Cryptopress.

Dacosta Osei-Tutu, a first degree holder in Nursing, who couples his Nursing career with blockchain blogging, has a great passion for the blockchain technology and aims to play a vital role in applying this revolutionary technology to disrupt the healthcare system in Africa.