Bitcoin Bombshell Sparks Trump’s Grim Prophecy for the US Dollar ⋆ ZyCrypto
The post Bitcoin Bombshell Sparks Trump’s Grim Prophecy for the US Dollar ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement     Former American President Donald J. Trump has predicted a difficult time ahead for the US Dollar, invoking fears that it might lose its coveted status as the world’s reserve currency. The 2024 Presidential hopeful was recently on a podcast with four tech investors: Chamath Palihapitiya, David Friedberg, Jason Calacanis, and David Sacks. “We’re losing a lot of countries on the dollar. I mean they’re going like flies. If we ever lose that that’s the equivalent of losing a war that would be unbelievable.” Trump continued by naming Russia, Saudi Arabia, China, and Iran as the countries looking to damage the USD the most. He also noted how the USD’s position in every country’s foreign currency reserves had plummeted considerably. But Trump, as usual, was flamboyant about the future. He claimed that if elected in November, he would restore the greenback hegemony, which he believed was negatively affected by the current administration. However, the future looks uncertain as the USD continues weakening against Bitcoin, a currency that Trump now seems to support. Winklevoss Twins Donate $2 Million to Trump Campaign As supporters of Trump, the Winklevoss twins have shown their commitment to advancing his political agenda. Their donation signals to other crypto community members that Trump is a favorable candidate for those interested in digital currency and blockchain technology. Advertisement   Additionally, their high profile within the industry lends credibility to Trump’s campaign and could potentially sway more community members to support him. Overall, this donation from the Winklevoss twins serves as both a financial contribution and a strategic endorsement for Trump in his bid for re-election. However, at the time of this article’s writing, news had emerged that the Trump campaign had refunded the $2 million to the Winklevoss twins after the BTC donation limits were exceeded.…
Filed under: News - @ June 23, 2024 9:02 pm