Bitcoin threatens dollar: expert warns of global currency earthquake!
BRICS nations could abandon US reserves in favor of Bitcoin, says expert. Economic tensions are rising.
Bitcoin threatens dollar: expert warns of global currency earthquake!
Bitcoin vs. BRICS: A showdown that makes the dollar tremble! As tensions boil between the BRICS alliance and the US, prominent economist Jeremy Siegel is sounding the alarm. According to Siegel, Bitcoin's run-up could seriously threaten the global status of the US dollar. In a heady scenario, Bitcoin, which has already flown past $100,000, has the potential to drive the green paper note out of global reserves. This remarkable currency has caught the attention of none other than future President Trump, who welcomes the crypto king with open arms.
As BRICS moves to ditch the dollar in international trade, Trump's plans for 100% tariffs, wrapped in his BTC-affirming rhetoric, cast an interesting shadow over developments. The BRICS' de-dollarization plans are being put to the test. Siegel explains that Trump is celebrating the rise of Bitcoin as a triumph of his crypto policy while also planning his own economic measures against the BRICS alliance. Sensational! Bitcoin is viewed by many as the new world money, says Siegel, and sees it as a greater threat to the dollar than any gold-promising or BRICS-inspired currency. According to Siegel, the crypto revolution, which is already showing increases in value at previously unimaginable levels, could fundamentally transform the global economy. A detailed look at the topic can be found in the report on watcher.guru.