No matter how cautious you are, these can happen to man. I cannot reach my wallet, which has some crypto, as my phone has failed.

Interesting article, but the skeptic in me is wondering if it's actually true.  Sounds to me like there might be a chance of him recovering his bitcoin if someone can figure out what the problem is.  It also sounds like a perfect statement to make if you wanted to slam bitcoin--by pointing out how easy it is to lose it.

And the little devil that sits on my shoulder is gleefully wondering how much bitcoin Schiff had in that wallet.  I've never been a fan of the man, since he's been blowing hot air for years now about gold and bitcoin and I'm just tired of his nonsense.  If he hates bitcoin but bought and lost it anyway, then screw him.  

My third curiosity is about which wallet he's using and how strong his password was.  If it wasn't really strong, there's a good chance he could remember it.  Anyway, this "news" is interesting but has a funny smell to it.

Edit:

Ah, you beat me to that statement.  That did occur to me as well as I said.

Because Peter did not lost his password. His wallet forgot his password. Well, that's according to him. LOL to the logic of this old man. So I agree with you that this might actually be just another silly attempt on his end to discredit Bitcoin.

He said he lost his password. Just like that. And now he is once again barking at Bitcoin no end about owning Bitcoin as a bad idea. He was simply looking for another reason to attack Bitcoin at a particular time when Bitcoin is bullish and proving him wrong for the nth time.

Pomp came to the rescue but the old man insisted that nothing could be done about it anymore. He seems afraid that Pomp could actually recover his Bitcoin and find out that it was just a mere 0.000001BTC.

how can be ? a wallet forgot the password ? which mean the wallet have a stupid system,its not make any sense.
what i thought just he probably didn't uses his brain to open the wallet, or probably he uses the wrong password for login to his wallet.

no i don't believe him because he is a prominent person and has some bad words towards bitcoin so there may be some intention in this end.
and what i think is there are lots of things to save password and all of a sudden he lose his?nah that's a joke.

You said too nice.
I also think that he just tries hard to find something to say against Bitcoin.

Did he have an account to an online/custodial wallet? Then he didn't "own" any Bitcoin from the first place.
Did he forget the password for his wallet and he doesn't have a backup of the seed? Then why he tries to blame Bitcoin for this?!

PS. People tend to remember forgotten password. Of course, some people will never admit that. 

Its one thing to lose your wallet login details and another not remembering the exact password you used. But personally, the problem i always have with people forgetting their password or lossing their password is that, how can you lose the password to the wallet containing money (bitcoins to be precise)? This tells me that you don't value the bitcoin you own in the first place and don't believe that its the future of money.

Peter Schiff would do just about anything to give Bitcoin a bad name. He's against it, I respect his ideas and thoughts due to the fact that everyone is allowed to have their own ideas and thoughts. He's one of a kind however, and the reason I don't appreciate him is because there's a difference between not liking a cryptocurrency and creating a false, negative image of a coin just because you hate it.

You don't like Bitcoin & cryptos? Good for you. I'd debate with anybody who hates cryptocurrencies but those people like him.

This "my wallet forgot my password" thing shows just how much he really knows about Bitcoin and the way it works. And, besides all this going on, if he hates it so much, EVEN IF he had all the BTC gifted to him, why was he even holding a cryptocurrency? That's similar to owning a gold investment but talking all the time about how you'd never buy precious metals. See the connection?

He forgot his password, and he could not access his wallet. It was all his fault and it had nothing to do with Bitcoin reputation, we are human and we can forget anything we don't want and for a cryptocurrency market investor, we should be careful to store everything because it's our money. But it seems that he is very indifferent to this matter

If he truly lost his bitcoin password, then it doesn't fully understand how to be his own bank.  There are several ways of keeping tracks on bitcoin password, besides we have the option of keeping save our private keys and recovering phrase, so he didn't keep all these or he's just bashing bitcoin?