Well, goodbye dollar, what's the problem? Everything with cryptos and out, and companies that pay in cryptos...

Peter Schiff has raised concerns about Bitcoin’s impact on the U.S. dollar, not as a direct replacement, but as a potential enabler of economic instability. He suggests that if the government were to adopt #bitcoin☀️ on a large scale and print trillions of dollars to invest in it, this action could lead to unsustainable financial practices, creating a larger economic bubble and harming the country’s long-term wealth.

While Bitcoin is often championed as the future of finance, Schiff argues that its widespread adoption, without careful oversight, could encourage reckless monetary policies. Instead of strengthening the economy, such actions might erode national financial stability, as unchecked money printing has historically resulted in inflation and devaluation of currency. Schiff’s critique serves as a reminder that while Bitcoin holds revolutionary potential, integrating it into the economy requires measured and responsible strategies to avoid unintended consequences.

#BTC☀ #AltcoinMarketWatch #BTCBreaking100KAgain?