Peter Schiff Warns Trump's Bitcoin Support Could Lead To Economic Chaos, Make America 'Weaker' As Wall Street Misallocates 'Bigly'
Peter Schiff Warns Trump's Bitcoin Support Could Lead To Economic Chaos, Make America 'Weaker' As Wall Street Misallocates 'Bigly'
Renowned economist Peter Schiff came hard at the U.S. government's endorsement of Bitcoin (CRYPTO: BTC), predicting potential economic consequences.
著名經濟學家彼得·希夫嚴厲批評美國政府對比特幣(加密貨幣:BTC)的支持,預測了潛在的經濟後果。
What Happened: On Monday, Schiff took to X to express his concerns over the incoming Donald Trump administration's bet on the world's leading cryptocurrency.
發生了什麼:週一,希夫前往X,對即將上任的唐納德·特朗普政府押注世界領先的加密貨幣表示擔憂。
"Thanks to the Trump administration's picking Bitcoin, Wall Street is winning bigly misallocating capital to Bitcoin and related value-destroying businesses," Schiff stated.
希夫說:「由於特朗普政府選擇了比特幣,華爾街在向比特幣和相關破壞價值的企業分配資金方面取得了重大勝利。」
Schiff's remarks appeared to be directed at MicroStrategy Inc.'s (NASDAQ:MSTR) aggressive Bitcoin buying strategy, now being emulated by other Wall Street companies like Rumble Inc. (NASDAQ:RUM).
希夫的言論似乎是針對微策略公司的。”s(納斯達克股票代碼:MSTR)激進的比特幣購買策略,現在正被Rumble Inc.(納斯達克股票代碼:RUM)等其他華爾街公司效仿。
In what appeared to be a dig at Trump's popular 'Make America Great Again' slogan, Schiff said that becoming a Bitcoin superpower would make "America weaker."
希夫說,成爲比特幣超級大國將使 「美國變得更弱」,這似乎是在挖掘特朗普廣受歡迎的 「讓美國再次偉大」 的口號。
When government picks winners and losers, it usually picks losers. Thanks to the #Trump administration's picking #Bitcoin, Wall Street is winning bigly misallocating capital to Bitcoin and related value-destroying businesses. Becoming the Bitcoin superpower makes America weaker.
— Peter Schiff (@PeterSchiff) November 25, 2024
當政府挑選贏家和輸家時,通常會選出輸家。由於 #Trump 政府的選擇 #Bitcoin,華爾街在向比特幣和相關價值破壞企業分配資金方面大獲全勝。成爲比特幣超級大國會使美國變得更弱。
— 彼得·希夫 (@PeterSchiff) 2024 年 11 月 25 日
Why It Matters: Schiff's comments come in the wake of his previous warnings about the potential economic catastrophe that could result from the U.S. government establishing a strategic Bitcoin reserve.
爲何重要:希夫的評論是在他此前警告美國政府建立比特幣戰略儲備可能導致的潛在經濟災難之後發表的。
He warned that the government would have to print more dollars to buy additional Bitcoin, which could spiral into hyperinflation and severely devalue the dollar.
他警告說,政府必須印製更多美元才能購買更多的比特幣,這可能會演變爲惡性通貨膨脹,使美元嚴重貶值。
The staunch Bitcoin critic has also been unsparing in his attack on Michael Saylor's MicroStrategy, the firm currently hogging all the limelight because of its aggressive BTC purchases. He predicted a 'bloodbath' for MicroStrategy's stock, terming it the most overvalued on the MSCI World Index.
這位堅定的比特幣評論家也一直在不遺餘力地攻擊邁克爾·塞勒的微策略,該公司目前因積極購買比特幣而成爲衆人矚目的焦點。他預測MicroStrategy的股票將出現 「大屠殺」,稱其爲摩根士丹利資本國際世界指數中估值最高的股票。
Despite Schiff's criticism, analysts argue that establishing a Bitcoin reserve would lend Bitcoin historic legitimacy and drive institutional interest, potentially accelerating its growth and pushing its value to unprecedented levels.
儘管希夫提出了批評,但分析師認爲,建立比特幣儲備將賦予比特幣歷史合法性並推動機構利益,有可能加速其增長並將其價值推向前所未有的水平。
Price Action: At the time of writing, Bitcoin was trading at $94,547.92, sliding 3.16% in the last 24 hours, according to data from Benzinga Pro.
價格走勢:根據Benzinga Pro的數據,在撰寫本文時,比特幣的交易價格爲94,547.92美元,在過去24小時內下跌了3.16%。
Image via Wikimedia Commons
圖片來自維基共享資源
- Why Bitcoin's Rally Is Stalling Below $100,000
- 爲什麼比特幣的漲勢停滯在10萬美元以下
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
免責聲明:該內容部分是在Benzinga Neuro的幫助下製作的,並由Benzinga編輯審查和發佈。