As per U.Today, Peter Schiff has reiterated his stance on Bitcoin, arguing for a clear distinction between the digital asset and traditional money. His comments arise amid discussions on inflation and the Federal Reserve's policies. Schiff criticizes Bitcoin's role as a monetary substitute, expressing concerns over its integration with state mechanisms. In contrast, BlackRock, the world's largest asset manager, views Bitcoin as a strategic asset, recommending a 1% to 2% allocation in investment portfolios. BlackRock's report highlights Bitcoin's low correlation with traditional markets, positioning it as a hedge against systemic risks. This perspective challenges Schiff's skepticism, indicating a shift in institutional attitudes towards cryptocurrency.