One of the traders who figured out that the housing market was on the brink of collapse in 2007 says he’s long on Bitcoin (BTC) because of a weakening US dollar. In an interview on CNBC’s Fast Money, “Big Short” investor and Seawolf Capital co-founder Vincent Daniel says that the deterioration of the US dollar […]
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Economist Peter Schiff has warned of “the biggest economic disaster” in U.S. history. He stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S. dollar is being debased in order to fund the bank bailouts. Peter Schiff Foresees […]
U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to save bitcoin for their retirement, for their future,” she said, adding that with Congress flooding the economy with trillions and trillions of dollars, “there’s no way” the value of the U.S. dollar will not be debased. […]