Peter Schiff says Bitcoin is not a hedge, claims gold will benefit instead. He argues that converting dollars to Bitcoin worsens dollar weakness and inflation risks. Coin Edition defends Bitcoin as a sound money alternative to fiat and central banks. Economist Peter Schiff has challenged the Coin Edition’s assertion that Bitcoin serves as an effective hedge against dollar weakness. The Dollar Index has fallen below 96.5, prompting Schiff to warn about potential consumer price increases in 2026 without immediate Federal Reserve intervention. Schiff argues that gold, not Bitcoin, will benefit from continued dollar weakness based on historical correlations and market behavior. He contends that Bitcoin maintains a negative correlation with gold, undermining its effectiveness as a traditional safe-haven asset during currency debasement periods. The economist suggests that risk asset sell-offs during dollar weakness could negatively impact Bitcoin prices. This view contrasts with cryptocurrency advocates who position Bitcoin as digital gold and a store of value independent of traditional financial systems. Your logic is flawed. A weak dollar will send gold m… The post Peter Schiff Rejects Bitcoin as Dollar Hedge, Says Gold Will Win in Times of Dollar Weakness appeared first on Coin Edition .