{"id":133876,"date":"2024-07-24T08:00:08","date_gmt":"2024-07-24T05:00:08","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133876"},"modified":"2024-07-24T02:36:26","modified_gmt":"2024-07-23T23:36:26","slug":"popular-trader-warns-of-dollar-decline-backs-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/popular-trader-warns-of-dollar-decline-backs-bitcoin\/","title":{"rendered":"Popular Trader Warns of Dollar Decline, Backs Bitcoin"},"content":{"rendered":"<p>His <strong><a href=\"https:\/\/x.com\/PeterLBrandt\/status\/1815755387838050655?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1815755387838050655%7Ctwgr%5E41cc14a83d14ee0841e06237aca5016921446d7c%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoingape.com%2Fpeter-brandt-predicts-us-dollar-collapse-backs-bitcoin-as-solution%2F\">comments<\/a> <\/strong>align with growing skepticism about the US government&#8217;s fiscal policies and a broader trend among investors seeking safer assets.<\/p>\n<p>The acceptance of cryptocurrencies is increasing among notable personalities, including political figures like Donald Trump and Kamala Harris, and entrepreneurs such as Elon Musk and Mark Cuban. This growing interest reflects a broader movement towards digital assets.<\/p>\n<p>Brandt foresees a significant depreciation of the US dollar, reflecting broader concerns about traditional currencies in the current economic climate. He recommends <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>as a store of value amid these uncertainties, a view supported by figures like Elon Musk and Robert Kiyosaki. Kiyosaki <strong><a href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-will-boom-if-trump-wins-robert-kiyosaki\/\">believes<\/a> <\/strong>Bitcoin, gold, and silver will benefit from Trump&#8217;s potential re-election and subsequent economic policies.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/kamala-harris-could-boost-crypto-and-ai-policies-according-to-mark-cuban\/\" title=\"Kamala Harris Could Boost Crypto and AI Policies, According to Mark Cuban\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/crypto-altcoins-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Kamala Harris Could Boost Crypto and AI Policies, According to Mark Cuban<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Elon Musk has recently voiced concerns about America&#8217;s financial management, predicting possible bankruptcy if current trends continue. Robert Kiyosaki echoes this sentiment, asserting that Bitcoin will soar under a Trump administration due to anticipated fiscal changes.<\/p>\n<p>Kamala Harris has shown increasing interest in the cryptocurrency field. Reports indicate her team has sought advice from Mark Cuban on crypto policies, suggesting a potential openness to innovative technologies.<\/p>\n<p>The Digital Chamber has urged Harris to advocate for crypto, while Congressman Tom Emmer has criticized potential appointments under a Harris administration, warning of negative impacts on crypto regulation and financial stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renowned Peter Brandt has voiced concerns about a potential sharp decline in the US dollar, suggesting Bitcoin as a viable alternative asset.<\/p>\n","protected":false},"author":3,"featured_media":90093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22,27],"tags":[],"class_list":["post-133876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Popular Trader Warns of Dollar Decline, Backs Bitcoin<\/title>\n<meta name=\"description\" content=\"Renowned Peter Brandt has voiced concerns about a potential sharp decline in the US dollar, suggesting Bitcoin as a viable alternative asset.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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