Economist Peter Schiff has raised concerns about Bitcoin's recent performance, noting its 28% decline from its all-time high while traditional assets like equities and precious metals remain strong. Schiff suggests this trend indicates a market shift from 'fake' to 'real' assets, highlighting that investors who switched from Bitcoin to silver earlier this year would have seen a 70% increase in purchasing power. Despite these warnings, crypto proponents argue that Bitcoin's volatility is part of its nature as a decentralized store of value, pointing to ongoing institutional interest and historical recovery trends.