Economist Warns Trump’s Bitcoin Bet Could Weaken The Dollar–Details

Summary: US President Donald Trump’s growing support for Bitcoin has drawn sharp criticism from economist Peter Schiff, who warns that the move could weaken the dollar. Schiff posted on X that exchanging dollars for Bitcoin “puts added pressure on the dollar” and called spending on the cryptocurrency “harmful to our country.
By Christian Encila on 2025-06-29 18:30. Aggregated by Coinblockers.