Peter Schiff Warns Bitcoin’s Rise Is ‘Biggest Bubble in History’. Schiff calls Bitcoin a "bubble" and predicts catastrophic losses for investors and the economy. He argues Bitcoin and blockchain are "popular delusions" and warns of a severe misallocation of resources. Schiff also dismisses the idea of a US Bitcoin reserve, claiming it would destabilize the economy and devalue the dollar. #Bitcoin #Crypto #PeterSchiff