Peter Schiff Counters Bitcoin's Safe Haven Narrative Amid Forecast Of Impending Fiat Train Wreck: 'There Is No Riskier Asset'
Peter Schiff Counters Bitcoin's Safe Haven Narrative Amid Forecast Of Impending Fiat Train Wreck: 'There Is No Riskier Asset'
The remark was in reaction to serial entrepreneur and Bitcoin advocate Renowned economist and market commentator Peter Schiff labeled Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, as the riskiest asset on Tuesday.
著名經濟學家和市場評論員彼得·希夫週二將比特幣（數字貨幣：BTC），世界上最大的數字貨幣，稱爲風險最高的資產。
What Happened: Schiff took to X to voice his concerns about the leading digital asset, stating, "There is no riskier asset than Bitcoin (not counting the 20,000 altcoins)."
發生了什麼：希夫在X上表達了他對這一領先數字資產的擔憂，他表示：「沒有比比特幣更風險的資產（不算20000種山寨幣）。」
Risk-off assets are investments that tend to perform well when the market sentiment is negative. Schiff's observation implied that Bitcoin was nowhere near being a safe haven like gold, an asset he strongly advocates for.
風險規避資產是在市場情緒負面時表現良好的投資。希夫的觀察暗示，比特幣遠不如黃金這樣的安全避風港，後者是他強烈提倡的資產。
The remark was in reaction to serial entrepreneur and Bitcoin advocate Alan Knitowski, who argued that the leading cryptocurrency would soon become "risk-off" and decoupled from the effects of fiat currencies such as the dollar.
這一言論是對連續創業者和比特幣支持者艾倫·尼特科夫斯基的反應，他認爲領先的數字貨幣將很快成爲「風險規避型」，並與美元等法定貨幣的影響脫鉤。
There is no riskier asset than Bitcoin (not counting the 20K altcoins)
— Peter Schiff (@PeterSchiff) January 8, 2025
沒有比比特幣更風險的資產（不算2萬種山寨幣）
—— 彼得·希夫 (@PeterSchiff) 2025年1月8日
The conversation started when Schiff brought up Japan's benchmark 10-year Treasury bond yield of 1.18%. He warned that sustained increases in yields might "wreak havoc" on global bonds and risk assets.
對話始於希夫提到日本基準10年期國債收益率爲1.18%。他警告說，收益率的持續上升可能會對全球債券和風險資產造成「嚴重損害」。
According to TradingView, Bitcoin's Sharpe ratio, a measure of risk-adjusted returns, was -1.11 as of this writing, suggesting that the expected return was lower than that of a risk-free investment, such as a Treasury yield.
根據TradingView的數據，截至撰寫本文時，比特幣的夏普比率（衡量風險調整後收益的指標）爲-1.11，這表明其預期收益低於國債收益等無風險投資的收益。
Interestingly, gold, which is considered a risk-free investment, had a Sharpe ratio around similar levels, around -1.07.
有趣的是，黃金被認爲是無風險投資，夏普比率大約在-1.07左右。
See Also: Ethereum Co-Founder Vitalik Buterin Offloads Nearly A Million In Memecoins To Benefit Charities — Dogecoin's Sister Coin NEIRO Plunges 3% After Sale
另請參見：以太幣聯合創始人維塔利克·布特林出售近百萬美元的memecoins以支持慈善事業——狗狗幣的姐妹幣NEIRO在出售後下跌3%。
Why It Matters: This isn't the first time Schiff has expressed skepticism about Bitcoin. He has previously warned about the speculative frenzy surrounding the cryptocurrency, asserting that it could lead to significant losses for investors.
重要性：這並不是施夫第一次對比特幣表示懷疑。他之前曾警告過圍繞這一數字貨幣的投機狂潮，聲稱這可能給投資者帶來重大損失。
He said that he doesn't "hate Bitcoin itself," but was deeply concerned about the potential financial fallout from the speculative mania.
他說他並不「討厭比特幣本身」，但對投機狂潮可能帶來的財務後果深感擔憂。
Despite his criticisms, Schiff once admitted that he would have invested in Bitcoin had he anticipated the size of the current "bubble."
儘管他批評比特幣，施夫曾承認如果他預見到當前「泡沫」的規模，他會選擇投資比特幣。
Price Action: At the time of writing, Bitcoin was exchanging hands at $96,401.25, down 5.26% in the last 24 hours, according to data from Benzinga Pro.
價格動態：在寫作時，比特幣的交易價格爲96,401.25美元，在過去24小時內下跌了5.26%，數據來自Benzinga Pro。
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譯文內容由第三人軟體翻譯。
