Trump acknowledged Bitcoin as amazing, citing its growing use in payments and its role in reducing pressure on the U.S. dollar.
Analysts suggest Trump's comments may refer to the Triffin Dilemma, highlighting the challenges of maintaining international liquidity while preserving domestic monetary value.
Critics argue that even if Bitcoin were fully nationalized, it would not cover the $37 trillion U.S. debt. The dollar index (DXY) has fallen to a three-year low, reflecting waning confidence in U.S. creditworthiness.
Bitcoin's appeal as a non-sovereign, supply-constrained alternative is increasing amidst concerns over global debt spiral and monetary expansion.