當中央銀行選擇黃金時，比特幣的地位受到挑戰

彼得·希夫（Peter Schiff）質疑為什麼中央銀行在準備與美元轉變時，為什麼偏愛黃金而不是比特幣。

Peter Schiff, a renowned economist and staunch critic of Bitcoin, expressed skepticism over the role of the world's leading cryptocurrency as central banks continue to increase their gold reserves.

著名的經濟學家和比特幣的堅定批評家彼得·希夫（Peter Schiff）對中央銀行繼續增加黃金儲備的世界領先的加密貨幣對世界領先的加密貨幣的作用表示懷疑。

Central Banks Prefer Gold Over Bitcoin

中央銀行更喜歡黃金而不是比特幣

Schiff questioned why central banks are favoring gold when preparing for a shift from the U.S. dollar. His remarks come amid growing global concerns over economic shifts and weakening confidence in fiat currencies.

希夫質疑為什麼中央銀行在準備與美元轉變時偏愛黃金。他的言論出現在全球對經濟轉變和削弱對法定貨幣的信心的關注之中。

Recently, central banks from countries like China and Russia have boosted their gold holdings rather than buying Bitcoin. This decision suggests they are seeking stability through time-tested assets and remain skeptical of Bitcoin's long-term role.

最近，來自中國和俄羅斯等國家的中央銀行提高了黃金持有量，而不是購買比特幣。這一決定表明，他們正在通過經過時間測試的資產尋求穩定，並對比特幣的長期角色持懷疑態度。

Schiff went on to say that although Bitcoin is touted as a digital alternative, central banks continue to treat it as speculative. With Bitcoin's price reaching new highs, the absence of institutional adoption from central banks is striking.

席夫繼續說，儘管比特幣被吹捧為數字替代品，但中央銀行繼續將其視為投機性。隨著比特幣的價格達到新高，中央銀行缺席的機構採用令人震驚。

If gold is the past and #Bitcoin is the future, why are foreign central banks that are preparing for a future where the US dollar is no longer the reserve currency, replacing their dollar reserves with gold and not #Bitcoin?

如果黃金是過去的，#bitcoin是未來，為什麼要為美元不再是儲備貨幣的未來做準備的外國中央銀行，用黃金而不是#bitcoin代替了他們的美元儲備？

— Peter Schiff (@PeterSchiff) May 24, 2025

- 2025年5月24日，彼得·希夫（@peterschiff）

Rising Interest Rates May Test Bitcoin's Resilience

利率上升可能會測試比特幣的彈性

The economist warned that Bitcoin may face a significant test as long-term interest rates continue to rise. He criticized digital asset supporters and tech market participants for neglecting these growing financial pressures.

這位經濟學家警告說，隨著長期利率繼續上升，比特幣可能面臨重大測試。他批評數字資產支持者和科技市場參與者忽略了這些不斷增長的財務壓力。

As yields on 10-year U.S. government bonds rose above 4.5%, financial markets responded with increased caution. Rising interest rates may attract capital away from Bitcoin into safer, yield-generating assets.

隨著美國10年政府債券的收益率上升到4.5％以上，金融市場的謹慎措施提高。利率上升可能會吸引資本從比特幣進入更安全，產生的資產。

Schiff argued that higher borrowing costs could strain Bitcoin's speculative appeal and expose underlying weaknesses. With economic conditions tightening, he believes the breaking point for Bitcoin could be approaching quickly.

席夫認為，較高的借貸成本可能會損害比特幣的投機性吸引力，並揭露潛在的弱點。隨著經濟狀況的緊縮，他認為比特幣的破裂點可能會很快接近。

While Bitcoin supporters remain optimistic, Schiff emphasized that macroeconomic shifts could trigger market corrections. He said the crypto market remains vulnerable to rate shocks and tightening liquidity. This sentiment reflects broader concerns about Bitcoin's ability to act as a hedge under current conditions.

儘管比特幣支持者保持樂觀，但席夫強調宏觀經濟轉變可能會觸發市場的校正。他說，加密貨幣市場仍然容易受到衝擊和收緊流動性的影響。這種情緒反映了對比特幣在當前條件下充當對沖的能力的更廣泛的擔憂。

U.S. Financial Health Concerns: Schiff Blames Spending, Debt Downgrade

美國財務健康問題：Schiff責任支出，債務降級

Schiff also expressed pessimism over the U.S. government's financial health, criticizing recent events that he views as warnings for future instability. He referred to a large spending bill passed by Congress, which he claimed would expand the national debt without real solutions.

希夫還對美國政府的財務狀況表示悲觀，批評最近的事件，他認為這是對未來不穩定的警告。他提到了國會通過的一項大型支出法案，他聲稱該法案將在沒有真正解決方案的情況下擴大國家債務。

Moreover, Moody's downgraded U.S. government debt by one notch, signaling reduced credit confidence. These developments have hurt confidence in U.S. markets, with stocks, bonds, and the dollar all falling last week.

此外，穆迪（Moody）以一個檔次降低了美國政府債務，表明信用信心降低了。這些發展損害了對美國市場的信心，上週股票，債券和美元都在下跌。

Meanwhile, gold and silver prices rose, signaling a move toward safer assets as uncertainty grows. Bitcoin rose in value, yet Schiff dismissed the rally as disconnected from underlying economic fundamentals.

同時，黃金和白銀的價格上漲，表明隨著不確定性的增長，朝著更安全的資產轉移。比特幣的價值上升，但席夫（Schiff）駁斥了集會與潛在的經濟基本面脫節。

Despite Bitcoin's current momentum, Schiff forecasted that continued weakness in U.S. markets could strengthen precious metals. He asserted that gold, silver, and platinum remain safer options for capital preservation amid growing debt and monetary uncertainty.

儘管比特幣目前具有勢頭，Schiff預測，美國市場的持續疲軟可以增強貴金屬。他斷言，由於債務不斷增長和貨幣不確定性，黃金，白銀和白金仍然是更安全的資本保存選擇。