Renowned Bitcoin maximalist Fred Krueger has made a bold prediction regarding the future dominance of Bitcoin over the US dollar (USD). In a recent statement, Krueger stated that BTC is set to outpace the US dollar by 100x in the next 12 years. Moreover, he highlighted the stark contrast between the monetary policies governing BTC and the US deficit.
Bitcoin Maxi Explains Importance Of Halving
In addition, Krueger emphasized the post-Halving scenario where Bitcoin’s new supply will amount to a mere 0.8% per year. He terms it as a “nominal fee” for ensuring network security. In stark contrast, he pointed out that the staggering $1.6 trillion US deficit represents a significant 4.7% of the total debt.
Moreover, he spotlighted the additional inflationary pressures from medicare and social security, potentially easing to a 10% increase in dollar supply annually. This implies that the dollar supply is growing exponentially and would lose value overtime due to lack of scarcity.
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