Jeremy Siegel, a professor of whallon School and the principal Economist in Investment Management Firm, called CNBC that Bitcoin may be a difficult competition in US Dollar as a world of place.
Speaking at the Genius Act, Siegel said, Bitcoin ‘bracelet’. The Genius Act, made on July 18 with Bipartisan Support, seeking a complete framework for Stablecoin control.
“Interestingly, Bitcoin itself is dangerous to the nuttew as a booking money.”
Professor also said that when there is a continuous push branch is the US Law to control digital goods, you believe that the components of Crypto Bill “Important Catalysts” in the industry. He said the additions that later heard – as in “Part 10 of This Bill” – It can help the rump of the estate system.
Siegel said that the BRICS countries created a competitive program, but none of the dollar.
“I didn’t think BrICS was actually a threat, but the opposition actually has the opportunity.”
Tells of this movement in the largest income shifts, they said it was in the “The scene of the iceberg,” But that international transmission boundaries and time zones are “slow and expensive. He believes crypto-based systems that can help the program work properly.
It is interesting that by September 8, Vladimir Putin is the Special Adon Kobyakov adviser that the US has been trying to deal with its rising credit and “Crypto. Now, Russia is said to launch its center digital money.
Without payments, Bitcoin’s complaint has long been working as “Digital Gold” – a bright investment for many investors who have turned into accordance with inflation.
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Sustainable funding of 21 million, unchanged 10 million years ago, has a diaper and investors to blame the increase in Bitcoin. Investors often reflect Cryptocurrency decrease in the banking of the bank – such as Pandeming-stimulus period 2020 – where there is a good fence against Influation.
For example, Michael Sonnezin of Gylecale has spoken of Bitcoin. He said, “The number of financial encouragement is … has really caused investors to think about the amount of inflation, which builds inflation and how to protect their portfolios.”
Q: Why do some investors call Bitcoin “Value Store”?
A: Governments and central banks will not be able to enter Bitcoin because it has a limited number of 21 million coins. This is why supporters say their shortage makes it as gold, preserve the value later, especially during difficult increases or expansion.
Q: How can Bitcoin challenge for American money?
A: The US dollar is the world’s storage because most of the commercial and financial budgets are made. Bitcoin is a different program that can depend on one world economy because it is divided and limited. If many institutions, governments, or international partners begin to use, can dollar not less important.
Q: What are the main conflicts against Bitcoin replacing the dollar?
A: Critics say that Bitcoin Exchange, it has a short history, and under control problems. The last real money should be stable and supported by many people. The critics argue where it is possible to be used as an asset or a compatible fence, the dollar will not be replaced at any time soon.
The story was originally reported by ThulteT on SEP 9, 2025, where it first appears in the market section. Enter ThSTT as a source you like by clicking here.
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