šŸš€ Trump’s Bitcoin Strategy: A Weaker Dollar & a BTC Reserve?

In a surprising shift, former PresidentĀ Donald TrumpĀ appears to supportĀ Bitcoin’s riseĀ as a global reserve currency—seeing it as a way toĀ relieve pressure on the weakening dollar.

Key Takeaways:

Dollar Decline:Ā The USD has droppedĀ 11% this year, with Morgan Stanley predicting anotherĀ 9% fall. Trump sees this as a chance to boost U.S. manufacturing.

"Mar-a-Lago Deal":Ā AĀ competitive devaluation strategyĀ to reduce trade deficits by making exports cheaper.

Asia Ditching the Dollar:Ā Countries like Taiwan and South Korea areĀ diversifying away from USD, fueling Bitcoin’s appeal.

White House’s Bitcoin Reserve Plan:Ā AdvisorĀ Bo HinesĀ confirmed efforts toĀ accumulate BTC as "digital gold"—possibly swapping gold reserves for Bitcoin.

Fed & Banks Embrace BTC:Ā TheĀ FHFA now accepts Bitcoin as mortgage collateral, and major banks (Citi, Bank of America) are bullish on BTC’s role in global trade.

Trump’s Dilemma:

He wants aĀ strong dollar for global trustĀ but also aĀ weaker one for U.S. competitiveness. Bitcoin may be theĀ compromise—reducing reliance on the dollar’s "exorbitant privilege."

šŸ“ˆĀ Market Impact:Ā Analysts speculate this could push Bitcoin towardĀ $200,000Ā in the coming bull run.

šŸ”Ā Want more?Ā Read the full analysis here