JD Vance Said Bitcoin Created Wealth, Peter Schiff Says It Did No Such Thing: 'What Has Happened Is A Massive Transfer Of …'

SAUNDERS: Trump and Vance in bitcoin bromance

The Trump administration’s cryptocurrency fascination is explained all for you.

JD Vance Said Bitcoin Created Wealth, Peter Schiff Says It Did No Such Thing: 'What Has Happened Is A Massive Transfer Of …'

Economist and market commentator Peter Schiff slammed Vice President JD Vance’s support for Bitcoin (CRYPTO: BTC) at an ongoing cryptocurrency conference Wednesday. What Happened: Schiff took to X to challenge several remarks made by Vance at the Bitcoin 2025 conference in Las Vegas. Schiff disputed Vance’s assertion that Bitcoin has created new wealth. “What has happened is a massive transfer of wealth from those who bought Bitcoin and crypto e…

Peter Schiff Slams Trump-Vance Crypto Stance as Misguided Hedge Strategy

JD Vance aims to double U.S. Bitcoin users from 50 to 100 million. Peter Schiff argues Bitcoin isn’t real wealth and gold is safer. Trump’s media firm plans a $2.5B raise, including a Bitcoin treasury. US Vice President JD Vance made a strong pitch for Bitcoin (BTC) and cryptocurrencies in a headline-grabbing speech in Las Vegas. Vance told the crowd that 50 million Americans already own Bitcoin, and their goal is to double that number to 100 mi…