Home » Trump: “Bitcoin takes pressure off the dollar, and that’s great” – Why does he want a weak dollar?

Trump: “Bitcoin takes pressure off the dollar, and that’s great” – Why does he want a weak dollar?

by Tim

During a conversation with reporters, Donald Trump said that “Bitcoin takes pressure off the dollar,” calling it “great” for the United States. This is a strong statement, as the president pushes for a more flexible monetary policy and a weaker dollar.

The use of Bitcoin as a means of payment is becoming a lever for Trump’s policy

Since his return to the White House, Donald Trump has had a considerable impact on the global economy. He has caused concern with his trade war, particularly through the introduction of new tariffs. He has also influenced the cryptocurrency market by launching his own meme coin, opening up more of the US to Bitcoin mining, and approving the creation of a strategic reserve of BTC.

On the economic and monetary front, Trump seems to be clearly aiming for a devaluation of the dollar. In particular, he has repeatedly called on Jerome Powell and the Federal Reserve (Fed) to adopt a more accommodative policy by lowering key interest rates more quickly.

Yesterday, while answering questions from journalists, Donald Trump made some surprising comments, to say the least, for a president of the United States.

It’s become incredible, the jobs it’s creating. I know that the more we pay in Bitcoin, the more it takes pressure off the dollar, and that’s a great thing for our country.

Is the president of the country that issues the world’s most widely used currency promoting the use of Bitcoin at the expense of the dollar? Is he opening the Overton window to a questioning of the dollar’s central role in the global economy?

Donald Trump is opening the Overton window to prepare for a lasting devaluation of the dollar… to the benefit of Bitcoin

Donald Trump’s recent statements on the dollar suggest the beginning of a disengagement, or at least an acceleration of its devaluation.

Firstly, for several months now, Trump has been calling on the Federal Reserve (Fed) to quickly lower its key interest rates and adopt a more accommodative monetary policy. Such a move should logically cause the dollar to fall against other currencies in the medium to long term, a trend that is already apparent, with the DXY index down 12% since January.


In addition, Donald Trump recently agreed with Democratic Senator Elizabeth Warren that the government should be able to raise the debt ceiling if necessary. Such a move would only worsen the public deficit and erode investor confidence in the US’s ability to repay its debt, further weakening the dollar.

Finally, the president has taken a resolutely pro-Bitcoin stance. Between creating a strategic reserve of BTC, supporting the development of mining on US soil, and defending the right to self-custody, Trump is sending out multiple signals in favor of Nakamoto’s invention.

If this trajectory continues, the devaluation of the dollar could perfectly serve Donald Trump’s objectives: to reindustrialize the country by attracting more foreign investment. This would further favor Bitcoin, which would then capture a growing share of monetary demand, to the detriment of an increasingly abandoned dollar.

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