Peter Schiff Has Advice For Iranians Dealing With Collapse Of Their Currency And Instead Of Bitcoin He Wants Them To Choose A Crypto Like This

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show, Schiff said that if he were to transact anonymously through an app in Iran, given the currency crisis and internet ban, he would choose tokenized gold over Bitcoin.“I’d rather have a cryptocurrency backed up by real money,” Schiff stated, adding that Bitcoin is backed by nothing.Don't Miss:Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In at $0.85/ShareSam Altman Says AI Will Transform the Economy — This Platform Lets Investors Back Private Tech EarlyAccording to the Bitcoin critic, the best option in Iran would be to use a stablecoin. “There are plenty of those that you could get into. And in fact, the best stable coin, believe, would be a tokenized gold,” he said.The Iranian Rial has become nearly worthless against the dollar, pushing people toward cryptocurrencies, including Bitcoin, as a hedge.Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?While internet shutdowns expose a vulnerability, there have been claims that Iranians are using Bitchat, a decentralized messaging app developed by Jack Dorsey’s Block Inc., and its clones, to send BTC via Bluetooth.‼️ warning: iranian bitchat clone raises multiple red flags:– full clone of our code but zero attribution or credit for our work.– not open-source. the app could be spying on you without your knowledge. NEVER USE A CLOSED-SOURCE PRIVACY MESSENGER!– asks for money. bitchat is… pic.twitter.com/byLlA9LqmoSee Also: This investment firm leverages expert insights and a $1.85 billion track record to help accredited investors capitalize on 2026 multifamily market trends—read the full forecast now.It’s worth highlighting that Bitcoin failed to live up to its oft-repeated "digital gold" reputation in 2025, while precious metals-backed cryptocurrencies proved far more reliable.Tether Gold (CRYPTO: XAUT) and PAX Gold (CRYPTO: PAXG) are both up over 70% over the past year, while the apex cryptocurrency is down 4%.Asset1-Year Gains +/-Price (Recorded at 9:45 a.m. ET)Bitcoin-4.17%$95,430.78Tether Gold               +71.66%$4,591PAX Gold               +70.96%$4,608.10Photo: Shutterstock/GraphixTreasureCGU et Politique de confidentialitéPrivacy & Cookie SettingsMore InfoS&P 5006,940.01 -4.46 (-0.06%)Dow 3049,359.33 -83.07 (-0.17%)Nasdaq23,515.39 -14.61 (-0.06%)Russell 20002,677.74 +3.18 (+0.12%)VIX15.86 +0.02 (+0.13%)Gold4,669.20 +73.80 (+1.61%)Actions du momentBTC-USD Bitcoin USD 92,792.72 -2,230.76 (-2.35%)GC=F Gold Feb 26 4,669.20 +73.80 (+1.61%)SI=F Silver Mar 26 93.08 +4.54 (+5.13%)ETH-USD Ethereum USD 3,206.52 -99.73 (-3.02%)XRP-USD XRP USD 1.96 -0.09 (-4.56%)PortefeuilleConnectez-vous pour accéder à votre portefeuilleSe connecterLes plus performantsIBRX ImmunityBio, Inc. 5.52 +1.57 (+39.75%)AGX Argan, Inc. 383.66 +54.00 (+16.38%)RIOT Riot Platforms, Inc. 19.23 +2.64 (+15.92%)ASTS AST SpaceMobile, Inc. 115.77 +14.52 (+14.34%)FIGR Figure Technology Solutions, Inc. 73.91 +9.00 (+13.86%)Les moins performantsZGN Ermenegildo Zegna N.V. 9.56 -1.46 (-13.25%)SSL Sasol Limited 6.31 -0.84 (-11.75%)TLN Talen Energy Corporation 371.66 -47.41 (-11.31%)CEG Constellation Energy Corporation 307.71 -33.42 (-9.80%)GTM ZoomInfo Technologies Inc. 9.04 -0.97 (-9.65%)Les plus liquidesWMT Walmart Inc. 119.70 +0.50 (+0.42%)NVDA NVIDIA Corporation 186.11 -1.01 (-0.54%)IBRX ImmunityBio, Inc. 5.52 +1.57 (+39.75%)ONDS Ondas Inc. 12.14 -0.71 (-5.50%)INTC Intel Corporation 46.99 -1.28 (-2.65%)Principaux événements économiquesÉvénements concernant les bénéficesÉvénements concernant mes bénéficesÉvénements concernant les bénéfices