During a recent interview, economist Peter Schiff warned that once Michael Saylor of Strategy Inc. stops his Bitcoin purchasing frenzy, people will lose faith in the cryptocurrency and start selling. Schiff believes Saylor's continuous accumulation has been a significant driving force behind Bitcoin's current high valuation. He stated, "He is a huge factor in Bitcoin's rise, not just for buying the cryptocurrency but because people anticipate his ongoing purchases." Schiff also mentioned that the crash has already occurred, emphasizing that wealth is merely an illusion. According to him, when measured against gold, the S&P 500 has actually decreased by 70% since 2000, indicating a deteriorating economic foundation underneath the apparent wealth created by the dollar.