{"id":88998,"date":"2025-09-17T13:55:57","date_gmt":"2025-09-17T10:55:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88998"},"modified":"2025-09-17T14:00:21","modified_gmt":"2025-09-17T11:00:21","slug":"expert-declares-dollar-useless-amid-bitcoins-rise","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/expert-declares-dollar-useless-amid-bitcoins-rise\/","title":{"rendered":"Expert Declares Dollar &#8216;Useless&#8217; Amid Bitcoin&#8217;s Rise"},"content":{"rendered":"<p>In 2025, gold, silver, bitcoin, and a host of other assets reached new all-time highs. The co-founder of the ETH Strategy protocol, known by the pseudonym Clouted, views this as evidence of the &#8220;uselessness&#8221; of the US dollar.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">gold ATH <br \/>silver ATH <br \/>nasdaq ATH<br \/>sp500 ATH <br \/>russel 2000 ATH <br \/>real estate, home price index ATH<br \/>rental prices ATH<br \/>food prices ATH<br \/>electricity costs ATH<br \/>college tuition ATH<br \/>health care costs ATH <\/p>\n<p>debt levels are at ATH<\/p>\n<p>everything is at or near all time high in prices<\/p>\n<p>not just\u2026<\/p>\n<p>\u2014 Clouted (@CloutedMind) <a href=\"https:\/\/twitter.com\/CloutedMind\/status\/1968013015544193263?ref_src=twsrc%5Etfw\">September 16, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Everything has already reached or is approaching price records\u2014not just assets, but services. This is not a &#8216;financial bubble,&#8217; but a collapse of the denominator\u2014the dollar is literally worthless,&#8221; he wrote.<\/p>\n<\/blockquote>\n<p>Clouted emphasized that even a 15% yield in DeFi does not offset inflation, estimated at 10-20% annually. According to him, investors in decentralized finance are merely &#8220;staying afloat&#8221; rather than accumulating wealth.<\/p>\n<p>The expert concluded that in such conditions, cryptocurrencies are the only sensible choice for safeguarding savings. He described the rise of digital assets as a logical consequence of the dollar&#8217;s devaluation.<\/p>\n<h2 class=\"wp-block-heading\">The Fed&#8217;s Third Mandate<\/h2>\n<p>According to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-09-16\/fed-third-mandate-forces-bond-traders-to-rethink-age-old-rules\">Bloomberg<\/a>, the White House intends to use a little-known provision in the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Federal Reserve&#8217;s<\/span> charter to justify fundamental changes in monetary policy. This point was referenced by Donald Trump&#8217;s nominee for the new head of the Fed, Stephen Miran.<\/p>\n<p>The discussion revolves around the regulator&#8217;s third mandate, which requires the central bank to ensure moderate long-term interest rates\u2014in addition to the traditional goals of price stability and maximum employment.<\/p>\n<p>The publication notes that the current administration views this provision as legal justification for aggressive intervention in the bond market, including direct yield curve control and extensive quantitative easing.<\/p>\n<p>The initiative involves purchasing government bonds to artificially lower the key rate. It is expected to reduce the costs of servicing the $37.5 trillion national debt and stimulate mortgage lending.<\/p>\n<p>Trump has repeatedly <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-calls-for-federal-reserve-chairs-resignation\">criticized<\/a> the current Fed Chair Jerome Powell for &#8220;belated&#8221; monetary easing.<\/p>\n<p>Christian Pusateri, founder of Mind Network, called this move &#8220;financial repression under a new name.&#8221; He stated that if the US administration&#8217;s plans are implemented, high-risk assets, including cryptocurrencies, will be in a favorable position.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This is very interesting. <\/p>\n<p>For the first time in its 112 years, The Fed may be adding a new mandate. <\/p>\n<p>The \u201cthird mandate\u201d is financial repression by another name. It looks a lot like Japanification- aka Yield Curve Control. <\/p>\n<p>Thinking through this<\/p>\n<p>Until now, the Fed\u2019s mandate\u2026 <a href=\"https:\/\/t.co\/44mSOOumwv\">pic.twitter.com\/44mSOOumwv<\/a><\/p>\n<p>\u2014 Christian (@TheTAOofData) <a href=\"https:\/\/twitter.com\/TheTAOofData\/status\/1968126517369565527?ref_src=twsrc%5Etfw\">September 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Bitcoin is set to absorb massive capital as the preferred hedge against the global financial system,&#8221; he noted.<\/p>\n<\/blockquote>\n<p>BitMEX founder Arthur Hayes also considers this a bullish factor for the digital asset market. According to his forecast, yield curve control could propel the first cryptocurrency to rise to $1 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">With Fed board member Miran now confirmed, the MSM is preparing the world for the Fed&#8217;s &#8220;third mandate&#8221; which is essentially yield curve control. LFG!<\/p>\n<p>YCC -> <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> = $1m <a href=\"https:\/\/t.co\/jlPQZJ0cHm\">pic.twitter.com\/jlPQZJ0cHm<\/a><\/p>\n<p>\u2014 Arthur Hayes (@CryptoHayes) <a href=\"https:\/\/twitter.com\/CryptoHayes\/status\/1968060229805019140?ref_src=twsrc%5Etfw\">September 16, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts have <a href=\"https:\/\/forklog.com\/en\/news\/experts-divided-on-feds-impact-on-bitcoin\">divided<\/a> opinions on the impact of the Fed&#8217;s decision on bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold, silver, and bitcoin reached new highs in 2025. The co-founder of ETH Strategy called this proof of the dollar&#8217;s &#8220;uselessness.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":88999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Gold, silver, and bitcoin reached new highs in 2025, highlighting the dollar's \"uselessness.\"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,991,1249],"class_list":["post-88998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-donald-trump","tag-federal-reserve-system"],"aioseo_notices":[],"amp_enabled":true,"views":"156","promo_type":"1","layout_type":"1","short_excerpt":"Gold, silver, and bitcoin reached new highs in 2025, highlighting the dollar's \"uselessness.\"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=88998"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88998\/revisions"}],"predecessor-version":[{"id":89000,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88998\/revisions\/89000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/88999"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=88998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=88998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=88998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}