Skip links

I hold Bitcoin due to the weakening of the US dollar.

I hold Bitcoin due to the weakening of the US dollar.

Vincent Daniel, a prominent investor and one of the founders of Seawolf Capital, expressed his positive outlook on Bitcoin in a controversial interview with CNBC. Daniel attributed this positive view to the weakening of the US dollar, a topic that has attracted much attention.

Daniel firmly stated that the weakening of the US dollar and other fiat currencies has encouraged him to hold Bitcoin. Many experts have confirmed this view and see it as a sign of a profound change in the financial world.

In the same vein, Porter Collins, another founder of Seawolf Capital, presented an interesting opinion. He believes that Bitcoin (BTC), along with gold, can provide protection against the depreciation of the US dollar. Many investors have welcomed this view, which demonstrates the growing importance of digital currencies in the global economy.

Collins warned about the massive US budget deficit, stating that adding one trillion dollars to this deficit every hundred days could severely devalue the dollar. Many economists have confirmed this warning and emphasize the need to review US fiscal policies.

Leave a comment

Daily Newsletter
Daily Newsletter

Explore
Drag