๐ฃ Powell Drops the Bomb โ Is This the End of the U.S. Dollar?
Bitcoin may no longer be just an alternative โ it might be inevitable. Thatโs what Jack Mallers, CEO of Strike, argued after a bold admission from Federal Reserve Chair Jerome Powell.
Speaking on June 2, Powell said:
โThe end of the Bretton Woods era fundamentally changed monetary policy.โ
To Mallers, this wasnโt history โ it was a confession. He believes the Fed has abandoned natural limits like the gold standard, replacing them with unlimited money printing and political chaos. โEverything becomes unstable,โ he warned.
Mallers claims Powell is laying the groundwork for massive shifts โ like accepting higher inflation or financing U.S. debt through money printing. โThe breadcrumbs start here,โ he said.
His solution? Bitcoin โ decentralized, scarce, and immune to manipulation.
โYour monetary regime is changing. You donโt get many of these moments in life. Bitcoin is likely to be huge in the future.โ
TL;DR
Powell hinted at the decline of the fiat system. Mallers sees Bitcoin as the future โ not a trade, but an escape.
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