
Veteran economist Peter Schiff renewed his attack on MicroStrategy, labeling it a scam and insisting it will fail regardless of Bitcoin’s trajectory, while proposing a debate with Michael Saylor in Dubai this December.
Economist and outspoken Bitcoin critic Peter Schiff has again condemned MicroStrategy’s corporate model, calling it a scam and predicting its eventual bankruptcy regardless of Bitcoin’s long-term success. In comments on X, Schiff challenged MicroStrategy CEO Michael Saylor to debate at Binance Blockchain Week in Dubai in early December. Both are scheduled to speak at the event, setting the stage for a direct confrontation over Bitcoin’s viability and MicroStrategy’s strategy.