US scholar: White House's promotion of Bitcoin may shake people's trust in the US dollar as the global reserve currency

PANews reported on November 30 that CF40 Research Institute published an article titled "The Politicization of Cryptocurrency", which revealed that the 2024 US presidential election has come to an end. Behind Trump's victory, the cryptocurrency industry's continued entry into "money politics" has attracted widespread attention.

American scholar Vitaliy Katsenelson suggested that at a time when market sentiment towards the dollar has been disturbed, the White House's promotion of Bitcoin may shake people's trust in the dollar as a global reserve currency, thereby weakening the dollar's status. As for the current fiscal challenges, "what can really make the United States continue to be great is not Bitcoin, but controlling debt and deficits."

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Author: PA一线

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