---
title: "Trump the tulip king? Peter Schiff compares crypto hype to 17th century ‘madness’"
url: https://diffcoin.com/trump-the-tulip-king-peter-schiff-compares-crypto-hype-to-17th-century-madness/
description: "Gold evangelist Peter Schiff is seeing red over Bitcoin — and he’s blaming President Donald Trump for wrapping a “decentralized Ponzi scheme” in the…"
published: 2025-07-19
updated: 2025-07-19
author: "Mila"
site: "Diffcoin"
---

# Trump the tulip king? Peter Schiff compares crypto hype to 17th century ‘madness’

Gold evangelist Peter Schiff is seeing red over Bitcoin — and he’s blaming President Donald Trump for wrapping a “decentralized Ponzi scheme” in the American flag. 
 
[Source link](https://crypto.news/trump-tulip-king-schiff-likens-crypto-1630-madness/)
