Jeremy Siegel, a finance professor at the Wharton School, expressed skepticism about President-elect Donald Trump's plan to impose 100% tariffs on BRICS nations if they pursue a shared currency to challenge the US dollar. Siegel believes that bitcoin, which Trump supports, is a bigger threat to the dollar as a global reserve currency. Trump's support for bitcoin marks a significant shift in his stance on cryptocurrencies, and analysts credit this support for the recent surge in bitcoin's value.
- Content Editor ( news.bitcoin.com )
- 2024-12-03
Bitcoin, Not BRICS, Is the True Threat to US Dollar Reserve, Warns Wharton Professor