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Trump Hails Bitcoin as a Strategic Asset Amid Dollar Struggles

  • 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.

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