BRICS: Expert Says 'Buy Bitcoin' Over US Dollar As Crisis Nears

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Prominent economist Anthony Scaramucci has called for Bitcoin acquisition over the US dollar as the crisis nears. The country's debt-to-GDP ratio is on an unsustainable path, causing worry over impending economic detriment. Scaramucci urged his followers to buy Bitcoin and shared a Yahoo Finance story discussing the country's fragile economic state. The United States has been combating growing inflation and increasing economic debt, which could spell disaster. Other voices, including BlackRock CEO Larry Fink and JP Morgan & Chase CEO Jamie Dimon, have also spoken out about the debt crisis. Central banks are seeking diversification in their holdings, with countries opting to buy gold or increase foreign currency acquisition. The push for Bitcoin and digital assets appears to be a further defense for individuals amidst the dollar's tense situation.

#Bitcoin #UsDollar #Brics #EconomicCrisis

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