{"id":24058,"date":"2025-04-27T16:46:59","date_gmt":"2025-04-27T16:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24058"},"modified":"2025-04-27T16:46:59","modified_gmt":"2025-04-27T16:46:59","slug":"peter-schiff-questions-trumps-bitcoin-ambition-amid-trade-deficit-concerns-resources-are-just-wasted","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24058","title":{"rendered":"Peter Schiff Questions Trump&#8217;s Bitcoin Ambition Amid Trade Deficit Concerns: &#8216;Resources Are Just Wasted&#8217;"},"content":{"rendered":"<div>\n<p>Economist <strong>Peter Schiff<\/strong> says that President <strong>Donald Trump\u2019s<\/strong> <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>)-centric policy contradicts his aim of correcting the U.S. trade imbalance with the world.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0In an X post on Saturday, Schiff wrote, \u201cTrump\u2019s\u00a0goals of solving the problems\u00a0leading to our huge trade\u00a0deficits and making America a\u00a0Bitcoin superpower are at odds\u00a0with one another.\u201d<\/p>\n<p>Schiff asserted that \u201cscarce\u201d resources meant for increasing production were being diverted to cryptocurrency ventures, leaving the country reliant on imports and widening the trade deficit. <\/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\">Trump&#8217;s goals of solving the problems leading to our huge trade deficits and making America a Bitcoin superpower are at odds with one another. The more of our scarce resource we divert to crypto, the more we depend on the rest of the world &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/45029413\/peter-schiff-questions-trumps-bitcoin-ambition-amid-trade-deficit-concerns-resources-are-j\" alt=\"Peter\" schiff questions trump bitcoin ambition amid trade deficit concerns: are just wasted>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economist Peter Schiff says that President Donald Trump\u2019s Bitcoin (CRYPTO: BTC)-centric policy contradicts his aim of correcting the U.S. trade imbalance with the world. What Happened:\u00a0In an X post on Saturday, Schiff wrote, \u201cTrump\u2019s\u00a0goals of solving the problems\u00a0leading to our huge trade\u00a0deficits and making America a\u00a0Bitcoin superpower are at odds\u00a0with one another.\u201d Schiff asserted that [&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-24058","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\/24058","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=24058"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24058\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}