Bitcoin

Bitwise Says Bitcoin May Outlast Dollar, Dalio Warns Of Collapse

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Bitcoin can survive the US dollar, explains the asset manager of Crypto, because the climbing of Trump's prices on China triggers fears of a rupture in global economic order.

At the same time, the founder of Bridgewater Associates, Ray Dalio, warns against a “unique” break in the monetary and geopolitical order of the world – a change that could reshape global finance far beyond the trade war.

“The higher bitcoin survives above the dollar in our life after today,” wrote Jeff Park, the chief of Bitwise alpha strategies, in a April post on x. “The first time that thought struck me and I did not feel like a theory but a real truth with which he struggles.”

The comment came after US President Donald Trump increased commercial prices against China to 104%, increasing his trade war against the second world economy and the rest of the world.

US dollarUS dollar

Investors left with fewer options could end up buying bitcoin

Bitwise CEO Hunter Horsley echoes Park's point of view, arguing that the decrease in trust in fiduciary currencies and limited alternatives could push more investors to Bitcoin.

Horsly said on X that investors found themselves with less choice than before, because confidence in dollar decreases and other foreign currencies are considered “even lower”.

The CEO of Bitwise said that Gold, which has historically been a coverage against uncertainty, has its own drawbacks, including shipping and storage. As such, he thinks that investors might prefer Bitcoin.

Horsly and Park's views on Bitcoin and the dollar are similar to those of the president of the strategy Michael Saylor. Earlier this month, Saylor wrote On X that “Bitcoin offers resilience in a world full of hidden risks”.

Ray Dalio says a collapse once in life in the world's current order

Dalio has warned that investors focus too much on commercial prices and do not notice that there is an ongoing break in world monetary, political and geopolitical orders.

Dalio said in a job On X, there are currently major imbalances in the world economy which must be corrected “in one way or another”, adding that this will change the monetary order in a major way “.

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