In a recent White House press briefing, United States President Donald Trump praised Bitcoin’s growing influence on the national economy, suggesting it plays a role in easing strain on the US dollar.
“I’ve seen a lot of people using Bitcoin more and more,” Trump said. “It’s been remarkable — it’s creating jobs, it’s becoming part of everyday transactions, and it’s actually helping reduce pressure on our currency. That’s good for the United States.”
Trump also acknowledged the strategic significance of digital assets in today’s global landscape, noting that the crypto industry has grown into a powerful force that can no longer be dismissed.
Anders X, a digital asset analyst, linked Trump’s remarks to the Triffin Dilemma — the economic challenge faced by the US as the issuer of the world’s reserve currency. The dilemma highlights the need for continuous dollar supply worldwide, often requiring America to run long-term trade deficits. These deficits are typically funded by increasing the money supply, which over time erodes the value of the dollar.
Trump has previously floated unconventional ideas, such as using Bitcoin to reduce the US national debt. Although symbolic, critics point out that even owning the entire Bitcoin supply wouldn’t cover the country’s $37 trillion debt — a figure that continues to rise.
Economic strategist Lyn Alden coined the phrase “nothing stops this train” in reference to relentless deficit spending and money printing, trends she believes will continue undermining the value of traditional fiat currencies globally.
Meanwhile, the US dollar index (DXY), which measures the dollar against a group of major international currencies, recently fell to its lowest point in three years. This decline coincides with rising US bond yields — often interpreted as a sign that investors are growing skeptical about the federal government’s fiscal path.
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