{"id":85667,"date":"2026-05-11T13:41:57","date_gmt":"2026-05-11T11:41:57","guid":{"rendered":"https:\/\/trader-magazine.com\/?p=85667"},"modified":"2026-05-11T13:42:00","modified_gmt":"2026-05-11T11:42:00","slug":"peter-schiff-znovu-utoci-na-bitcoin-zlato-pry-vitezi","status":"publish","type":"post","link":"https:\/\/trader-magazine.com\/cs\/news\/peter-schiff-znovu-utoci-na-bitcoin-zlato-pry-vitezi\/","title":{"rendered":"Peter Schiff znovu \u00fato\u010d\u00ed na bitcoin. Zlato pr\u00fd v\u00edt\u011bz\u00ed"},"content":{"rendered":"\n

Peter Schiff znovu rozv\u00ed\u0159il kryptom\u011bnovou debatu. Americk\u00fd ekonom, investor a dlouhodob\u00fd zast\u00e1nce zlata vyu\u017eil soci\u00e1ln\u00ed s\u00ed\u0165 X k dal\u0161\u00ed kritice bitcoinu, kter\u00fd podle n\u011bj v roce 2026 zaost\u00e1v\u00e1 nejen za drah\u00fdmi kovy, ale tak\u00e9 za hlavn\u00edmi akciov\u00fdmi indexy.<\/p>\n\n\n\n

Schiff ve sv\u00e9m ned\u00e1vn\u00e9m p\u0159\u00edsp\u011bvku upozornil<\/a>, \u017ee od za\u010d\u00e1tku roku 2026 zlato pos\u00edlilo o 9 %, st\u0159\u00edbro o 11 %, index Nasdaq o 13 % a Russell 2000 o 14 %, zat\u00edmco bitcoin podle n\u011bj ztratil 11 %. Na tomto srovn\u00e1n\u00ed postavil dal\u0161\u00ed kritiku argumentu, \u017ee bitcoin funguje jako nez\u00e1visl\u00e9 aktivum nebo digit\u00e1ln\u00ed alternativa ke zlatu.<\/p>\n\n\n\n

Bitcoin jako \u201enekorelovan\u00e9 aktivum\u201c? Schiff se vysm\u00edv\u00e1 kryptom\u011bnov\u00fdm b\u00fdk\u016fm<\/strong><\/h2>\n\n\n\n

Jedn\u00edm z hlavn\u00edch argument\u016f zast\u00e1nc\u016f bitcoinu je dlouhodob\u011b tvrzen\u00ed, \u017ee BTC m\u016f\u017ee fungovat jako ochrana proti inflaci, alternativa k tradi\u010dn\u00edmu finan\u010dn\u00edmu syst\u00e9mu a digit\u00e1ln\u00ed uchovatel hodnoty. Schiff ale tento p\u0159\u00edb\u011bh dlouhodob\u011b odm\u00edt\u00e1. Podle n\u011bj bitcoin v praxi nepln\u00ed roli bezpe\u010dn\u00e9ho p\u0159\u00edstavu, proto\u017ee v dob\u011b, kdy rostou jak rizikov\u00e1 aktiva, tak drah\u00e9 kovy, dok\u00e1\u017ee s\u00e1m klesat.<\/p>\n\n\n\n

Pr\u00e1v\u011b proto jeho nejnov\u011bj\u0161\u00ed koment\u00e1\u0159e rychle p\u0159evzala kryptom\u011bnov\u00e1 m\u00e9dia. Server CryptoRank upozornil<\/a>, \u017ee Schiff si z bitcoinu utahoval ve chv\u00edli, kdy zlato, st\u0159\u00edbro i hlavn\u00ed americk\u00e9 indexy rostly, zat\u00edmco bitcoin se v roce 2026 pohyboval v z\u00e1poru. V dob\u011b psan\u00ed \u010dl\u00e1nku se bitcoin obchodoval kolem 80 818 dolar\u016f.<\/p>\n\n\n\n

To ale neznamen\u00e1, \u017ee m\u00e1 Schiff automaticky pravdu. Bitcoin z\u016fst\u00e1v\u00e1 extr\u00e9mn\u011b volatiln\u00ed aktivum a kr\u00e1tkodob\u00e9 srovn\u00e1n\u00ed s akciemi nebo zlatem m\u016f\u017ee b\u00fdt zav\u00e1d\u011bj\u00edc\u00ed.<\/p>\n\n\n\n

\u010ct\u011bte tak\u00e9: Zlato je mimo\u0159\u00e1dn\u011b podhodnocen\u00e9, m\u00edn\u00ed americk\u00fd miliard\u00e1\u0159<\/a><\/h3>\n\n\n\n

Schiff m\u00ed\u0159\u00ed i na Michaela Saylora a Strategy<\/strong><\/h2>\n\n\n\n

Druhou velkou linkou posledn\u00edch Schiffov\u00fdch koment\u00e1\u0159\u016f je kritika spole\u010dnosti Strategy, d\u0159\u00edve zn\u00e1m\u00e9 jako MicroStrategy, a jej\u00edho bitcoinov\u00e9ho modelu. Firma spojen\u00e1 s Michaelem Saylorem pat\u0159\u00ed mezi nejv\u011bt\u0161\u00ed korpor\u00e1tn\u00ed dr\u017eitele bitcoinu a dlouhodob\u011b stav\u00ed svou strategii na akumulaci BTC.<\/p>\n\n\n\n

Schiff v\u0161ak tvrd\u00ed, \u017ee tento model je st\u00e1le rizikov\u011bj\u0161\u00ed. Kritizuje zejm\u00e9na n\u00e1stroj STRC, tedy preferen\u010dn\u00ed akcie s vysok\u00fdm v\u00fdnosem, kter\u00e9 Strategy vyu\u017e\u00edv\u00e1 k financov\u00e1n\u00ed dal\u0161\u00ed bitcoinov\u00e9 expozice. Podle serveru U.Today Schiff ozna\u010dil<\/a> tento model za \u201enejzjevn\u011bj\u0161\u00ed Ponziho sch\u00e9ma v historii\u201c, proto\u017ee podle n\u011bj stoj\u00ed na p\u0159edpokladu, \u017ee bitcoin mus\u00ed dlouhodob\u011b r\u016fst dostate\u010dn\u011b rychle, aby pokryl v\u00fdnosov\u00e9 z\u00e1vazky. <\/p>\n\n\n\n

U.Today z\u00e1rove\u0148 upozornil, \u017ee STRC je spojeno s v\u00fdnosem kolem 11,5 %. Schiff argumentuje t\u00edm, \u017ee pokud bitcoin nebude r\u016fst rychleji ne\u017e n\u00e1klady tohoto kapit\u00e1lu, Strategy se m\u016f\u017ee dostat pod tlak a bude muset bu\u010f prod\u00e1vat bitcoin, vyd\u00e1vat dal\u0161\u00ed n\u00e1stroje, nebo zvy\u0161ovat v\u00fdnosy pro investory. <\/p>\n\n\n\n

\u010ct\u011bte tak\u00e9: Kvantov\u00e9 po\u010d\u00edta\u010de mohou ji\u017e brzy prolomit Bitcoin b\u011bhem minut, varuje Google<\/a><\/h3>\n\n\n\n

Peter Schiff tweets funguj\u00ed jako protiv\u00e1ha bitcoinov\u00e9ho optimismu<\/strong><\/h2>\n\n\n\n

Schiffovy koment\u00e1\u0159e maj\u00ed v kryptom\u011bnov\u00e9m sv\u011bt\u011b zvl\u00e1\u0161tn\u00ed roli. Pro \u010d\u00e1st investor\u016f jsou jen opakuj\u00edc\u00ed se kritikou \u010dlov\u011bka, kter\u00fd bitcoin odm\u00edt\u00e1 u\u017e roky. Pro jin\u00e9 ale p\u0159edstavuj\u00ed u\u017eite\u010dn\u00e9 varov\u00e1n\u00ed p\u0159ed p\u0159\u00edli\u0161n\u00fdm optimismem, p\u00e1kou, finan\u010dn\u00edm in\u017een\u00fdrstv\u00edm a v\u00edrou, \u017ee cena BTC mus\u00ed dlouhodob\u011b jen r\u016fst.<\/p>\n\n\n\n

Jeho argumentace stoj\u00ed na jednoduch\u00e9m kontrastu: zlato m\u00e1 podle n\u011bj fyzick\u00e9 vyu\u017eit\u00ed, historickou roli uchovatele hodnoty a m\u00edsto v rezerv\u00e1ch centr\u00e1ln\u00edch bank, zat\u00edmco bitcoin je podle n\u011bj z\u00e1visl\u00fd hlavn\u011b na v\u00ed\u0159e investor\u016f. Podobn\u011b se vyj\u00e1d\u0159il u\u017e d\u0159\u00edve, kdy\u017e tvrdil, \u017ee pokud by lid\u00e9 p\u0159estali bitcoinu v\u011b\u0159it, jeho tr\u017en\u00ed cena by podle n\u011bj mohla spadnout na nulu. <\/p>\n\n\n\n

Tento n\u00e1zor je samoz\u0159ejm\u011b mezi p\u0159\u00edznivci kryptom\u011bn velmi sporn\u00fd. Bitcoin m\u00e1 omezenou nab\u00eddku, decentralizovanou s\u00ed\u0165 a v\u00edce ne\u017e patn\u00e1ctiletou historii fungov\u00e1n\u00ed bez centr\u00e1ln\u00ed autority. P\u0159esto plat\u00ed, \u017ee jeho cena je siln\u011b z\u00e1visl\u00e1 na d\u016fv\u011b\u0159e trhu, likvidit\u011b, makroekonomick\u00e9m prost\u0159ed\u00ed a ochot\u011b investor\u016f dr\u017eet rizikov\u011bj\u0161\u00ed aktiva.<\/p>\n","protected":false},"excerpt":{"rendered":"

Peter Schiff znovu rozv\u00ed\u0159il kryptom\u011bnovou debatu. Americk\u00fd ekonom, investor a dlouhodob\u00fd zast\u00e1nce zlata vyu\u017eil soci\u00e1ln\u00ed s\u00ed\u0165 X k dal\u0161\u00ed kritice bitcoinu, kter\u00fd podle n\u011bj v roce 2026 zaost\u00e1v\u00e1 nejen za drah\u00fdmi kovy, ale tak\u00e9 za hlavn\u00edmi akciov\u00fdmi indexy. Schiff ve sv\u00e9m ned\u00e1vn\u00e9m p\u0159\u00edsp\u011bvku upozornil, \u017ee od za\u010d\u00e1tku roku 2026 zlato pos\u00edlilo o 9 %, st\u0159\u00edbro o […]<\/p>\n","protected":false},"author":49,"featured_media":85668,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[242,52],"tags":[761,4940,695,5557,5228],"class_list":["post-85667","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kryptomeny","category-news","tag-bitcoin-cs","tag-ekonomika","tag-kryptomeny","tag-peter-schiff","tag-zlato"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t