{"id":16403,"date":"2025-03-06T03:02:05","date_gmt":"2025-03-06T03:02:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16403"},"modified":"2025-03-06T03:02:05","modified_gmt":"2025-03-06T03:02:05","slug":"peter-schiff-predicts-a-bitcoin-strategic-reserve-will-accelerate-dollars-demise-ultimate-winner-will-be-gold","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16403","title":{"rendered":"Peter Schiff Predicts A Bitcoin Strategic Reserve Will &#8216;Accelerate&#8217; Dollar&#8217;s Demise: &#8216;Ultimate Winner Will Be Gold&#8217;"},"content":{"rendered":"<div>\n<p>Well-known economist <strong>Peter Schiff <\/strong>said on Wednesday that the government\u2019s decision to create a <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) strategic reserve would end up damaging the U.S. dollar while benefiting gold.<\/p>\n<p><strong>What happened: <\/strong>Schiff took to X to express his dissatisfaction with President <strong>Donald Trump\u2019s<\/strong> recently announced strategic cryptocurrency reserve, which will have a special status for Bitcoin.<\/p>\n<p>Schiff argued that if Bitcoin is viewed as a <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42535718\/raoul-pal-predicts-violent-upside-for-bitcoin-targets-250000\">hedge against fiat currency debasement<\/a>, the Bitcoin strategic reserve will only \u201caccelerate\u201d the dollar\u2019s downfall.<\/p>\n<p>The staunch Bitcoin critic said the \u201cfoolish\u201d move could benefit Bitcoin in the short run, but the \u201cultimate winner\u201d will be gold, arguably considered the best hedge against currencies\u2019 depreciation value.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If Bitcoin&#8217;s success is predicated on the dollar&#8217;s failure, if the U.S. is foolish enough to actually &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/03\/44157760\/peter-schiff-predicts-a-bitcoin-strategic-reserve-will-accelerate-dollars-demise-the-ultimate-winner-will-be-gold\" alt=\"Peter\" schiff predicts a bitcoin strategic reserve will dollar demise: winner be gold>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Well-known economist Peter Schiff said on Wednesday that the government\u2019s decision to create a Bitcoin (CRYPTO: BTC) strategic reserve would end up damaging the U.S. dollar while benefiting gold. What happened: Schiff took to X to express his dissatisfaction with President Donald Trump\u2019s recently announced strategic cryptocurrency reserve, which will have a special status for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16403","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16403"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16403\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}