Economist Peter Schiff: Selling dollars to buy Bitcoin will put additional pressure on the dollar

Crypto 7x24

2025-06-29 12:20:01

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

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