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Peter Schiff: Selling US dollars to buy Bitcoin will put additional pressure on the US dollar, wasting resources on Bitcoin is harmful to the country

PANews|6月 29, 2025 03:16

Economist Peter Schiff tweeted that Trump, in order to cater to his donors and promote his family business, claimed that Bitcoin "reduces the pressure on the US dollar and is beneficial to the country. However, selling US dollars to buy Bitcoin will put additional pressure on the US dollar. Furthermore, wasting resources on Bitcoin is harmful to the country.

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7月 28, 16:06【Stablecoin Year: GENIUS Act, Wall Street, and the Digital Leap of the US Dollar】

7月 28, 08:11【$9 billion invested in Bitcoin, with an annualized rate of 20%】

7月 27, 07:29【Bitcoin and stablecoins have seen significant gains】

7月 26, 19:00【Bitcoin supports the rise of stablecoins】

7月 26, 01:46【Bitcoin's mid-term trend remains cautiously optimistic】

7月 25, 18:37【How Bitcoin and stablecoins truly strengthen the United States】

7月 25, 11:13【Galaxy Digital sells addresses with only 13504 bitcoins left】

7月 25, 06:50【BTC tests low range and sweeps liquidity】

7月 25, 06:47【Bitcoin price drops synchronously with market share】

7月 24, 13:11【Stable coin liquidity continues to grow and drive the market】

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