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    "too vulnerable" — Peter Schiff, 2017. Bitcoin prediction poster (BTC $14,550 at the time).
    “too vulnerable” — Peter Schiff, 2017. Poster by Buttcoiners.

    “There is no value in bitcoin, you can’t use it as money, it’s too slow, too expensive and too vulnerable.”

    $14,550·
    Peter Schiff

    Peter Schiff

    Investment Broker & Gold Bug

    Bitcoin since the quote

    Then

    $14,550

    Now

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    Change

    —

    The context

    On , Peter Schiff (Investment Broker & Gold Bug) made this statement while Bitcoin traded at $14,550.

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    "too vulnerable" — Peter Schiff, 2017. Bitcoin prediction poster (BTC $14,550 at the time).
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    Peter Schiff (2017). "too vulnerable" — Peter Schiff on Bitcoin. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/quote/too-vulnerable-peter-schiff-bitcoin

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