Vincent Daniel, who predicted the 2008 financial crisis and known as the "Big Short", made striking comments about the US dollar. These comments may indirectly point to a positive development for Bitcoin investors. Appearing on CNBC's Fast Money program, Daniel expressed doubts about the sustainability of the US dollar.
Daniel stated that he invested in Bitcoin because he predicted that the US dollar would weaken. âThe weakening of the US dollar reinforces our positive outlook on Bitcoin,â he said in his interview. Although he previously invested in MicroStrategy and made a loss, Daniel remains confident in Bitcoin. âWe have to step out when we make mistakes. âWe cut our losses with MicroStrategy but preserved our Bitcoin holdings because we expect the US dollar and fiat currencies to depreciate heavily,â he said.
Daniel's partner, Porter Collins, shares a similar view. Collins stated that, in addition to gold, Bitcoin can also serve as a hedge against the depreciation of the US dollar. âInstead of the classic gold choice, we take a different approach. "We invest in gold, silver, platinum and Bitcoin in line with our expectation of the dollar's depreciation," he said. Collins emphasized that US debt increased by nearly a trillion dollars in 100 days and warned, "Imagine the dollar in your pocket being worth less tomorrow." Currently, the United States' debt exceeds 34.997 trillion dollars and there is a deficit of 1.268 trillion dollars.
Daniel and Collins' statements reinforce Bitcoin's status as digital gold. Throughout history, investors have turned to alternative assets to protect their wealth during periods when fiat currencies lose value. Bitcoin stands out in this context with its limited supply and decentralized structure. However, experts warn investors about Bitcoin's high volatility and emphasize that risks should be taken into account. Lack of regulations and future uncertainties in the cryptocurrency market remain important factors influencing investment decisions. On the other hand, interest in Bitcoin from experienced investors like Daniel and Collins could increase confidence in the cryptocurrency. If the US dollar loses value, demand for Bitcoin may increase, which could push its price higher. However, for this scenario to come true, many economic and geopolitical factors need to be taken into account.
PLEASE READ CAREFULLY FOR THE GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.
