Economist Peter Schiff: Selling Dollars to Buy Bitcoin Will Put Additional Pressure on the Dollar
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to Jinse Finance, economist Peter Schiff tweeted that Trump, in order to cater to his donors and promote his family business, claimed that Bitcoin "eases the pressure on the dollar and is beneficial to the country." However, selling dollars to buy Bitcoin would put additional pressure on the dollar. Moreover, wasting resources on Bitcoin is harmful to the country.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$73,423.91
-2.09%
Ethereum
ETH
$2,045.84
-3.70%
Tether USDt
USDT
$0.9988
-0.00%
BNB
BNB
$678.59
-1.75%
USDC
USDC
$0.9998
+0.01%
XRP
XRP
$1.05
-4.77%
Solana
SOL
$82.97
-4.05%
TRON
TRX
$0.3177
+0.22%
Hyperliquid
HYPE
$71.73
-4.35%
Zcash
ZEC
$1,018.93
-13.26%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now