Highlight Clip Peter Schiff Slams STRC as A Ponzi Scheme? On May 13, 2026, Euro Pacific Asset Management Chief Economist and long-time Bitc…
Highlight Clip
Peter Schiff Slams STRC as A Ponzi Scheme?
On May 13, 2026, Euro Pacific Asset Management Chief Economist and long-time Bitcoin critic Peter Schiff stated in a Cointelegraph interview that, despite Bitcoin trading near $82,000, Michael Saylor’s STRC operation is essentially a Ponzi scheme. He argued that legitimate finance relies on earnings to repay debt, whereas if Saylor refuses to sell Bitcoin, he must rely on raising new capital from investors to pay off existing obligations.
Schiff further analyzed that if Saylor were to dump Bitcoin to cover the 11.5% interest, it would crash the market; conversely, if he is forced to liquidate during a downturn to repay debt, the result would be massive principal losses.
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