Peter Schiff Destroys Bitcoin Again: “This Ends With a Bag Holder Bloodbath”

Peter Schiff delivers one of his most urgent warnings yet. In this explosive episode of Old Wealth, New Wealth, True Wealth, economist, author, and investor Peter Schiff breaks down why he believes the next financial crisis will dwarf 2008, why the U.S. sovereign debt bubble is nearing its breaking point, and why gold is entering a powerful long-term bull market while the dollar quietly unravels.

Host Nathan Barkocy dives deep with Peter on the real forces driving inflation, the collapse of confidence in U.S. monetary policy, and the dangerous misconception young investors have about “wealth” in an era of speculation. Schiff explains why Bitcoin is not digital gold, how real assets preserve value when currencies fail, and what the next generation must understand if they want to build lasting wealth instead of chasing illusions.

If you’re trying to navigate today’s economy, build wealth in your 20s and 30s, or understand how to position yourself before the storm hits, this is a conversation you can’t afford to miss.

Chapters
• The coming sovereign debt crisis
• Why gold is skyrocketing
• Bitcoin’s flaws
• How young entrepreneurs should build real wealth
• Why inflation is nowhere near “under control”
• Schiff’s blueprint for protecting your future

Watch until the end for Schiff’s insights on wisdom vs. knowledge, cross-generational learning, and why the next era of wealth will belong to those who understand real value.

Catch the full Old Wealth, New Wealth, True Wealth episode: The U.S. Debt Meltdown - Peter Schiff Predicts The Biggest Financial Crisis Yet ▶   • The U.S. Debt Meltdown: Peter Schiff Predi...  

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Welcome to Old Wealth, New Wealth, True Wealth, the podcast hosted by Nathan Barkocy, where legacy thinking meets modern entrepreneurship. This show explores the intersection of wealth-building, faith-driven purpose, and the real foundations of freedom. Whether you're building a business, growing your investments, strengthening your family legacy, or seeking deeper clarity on your calling, you’ve found the right place.

Each episode dives into meaningful conversations, practical strategies, and powerful insights from elite investors, founders, wealth strategists, and thought leaders. You'll learn how to build real assets, create generational impact, cultivate meaningful relationships, and pursue success without sacrificing your values. From navigating today's economic landscape to understanding the principles behind timeless wealth, this podcast equips you to become the kind of leader who builds prosperity from the inside out.

Don’t forget to subscribe and step into the journey of becoming who you were called to be—because True Wealth isn’t what you accumulate… it’s who you become.

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