Peter Schiff says AI is a threat to Bitcoin

LATEST: Peter Schiff argues that AI is a threat to Bitcoin rather than a bullish catalyst.
His view runs against the growing narrative that AI agents, automated payments and machine-to-machine commerce could expand crypto adoption.
The debate comes as AI and crypto increasingly overlap across payments, infrastructure and autonomous agents.
For $BTC, the question is whether AI ultimately creates new demand for decentralized money or strengthens competing financial technologies instead.