“Bonzi Latmazi”- Gold Bow Peter Chef draws bills encryption emissions star-news.press/wp
With the approval of encryption bills such as a genius law, clarity law, and CBDC anti -laws this week, Peter Chef raises the American president because of his signing of laws in the law. Bitcoin Schiff added that these are just BTC noise tools, and that the Stablecoin bill will not be good for the already collapsed US dollar.
The declaration of the announced bills has proven that a sale occurred in the encryption market, where Bitcoin (BTC) decreased today 2 %, while Altcoins such as ETH, XRP, BNB, Sol, etc.
Peter Chef calls projects to encrypt “legislative decline”
US President Donald Trump signed a genius law in the law on Friday, as well as passing two “encryption projects”, AKA CLARITY ACT CBDC. Although some of the legislators and the encryption community described it as a prominent moment to make digital assets, Peter Chef has criticized the Trump administration.
Chef believes that the primary purpose behind these bills is to enhance bitcoin legitimacy, describing it as the “decentralized Ponzi scheme”. According to the critic, these legislative efforts are used to inflate the noise around bitcoin and other digital assets. “The industry uses to be bitter bitcoin and other encryption so that the informed can exchange at higher prices. It’s a low legislative point,” Chef Book.
One day before, US President Donald Trump also talked about the signing of an executive order to facilitate the investment of 401K retirement at Bitcoin and Crypto. Chef believes that such a promotion of digital assets will only accelerate the collapse of the US dollar. He added: “Bitcoiners may cheer, as most Bitcoin bought to profit from a dollar disruption. But it is irony that gold will be the winner as Bitcoin will also be disrupted.”
Stablecoins will not lead to the dominance of the US dollar
With Donald Trump signing the draft law on the law in the law in addition to other encryption bills, the veterans of the encryption industry, such as Paulo Erdino, stated that this “will enhance the global domination of the dollar.”
However, Peter Chef described this narration “nonsense”. With the US dollar losing its strength over time, Chef believes that the USD CADLECOONS is only stable as “the US dollar itself” and that this stability will also erode over time.
Chef has been a critical critic of Bitcoin for years and believes that gold is the only store for value. He has also criticized the Trump administration several times in the past to take a supportive position.
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Bushan Akolkar
BHUSHAN is a seasoned analogy with an eight -year experience in an extension of more than 10,000 contributions via multiple platforms such as Coingape, Coinspeaker, Bitcoinist, Crypto News Flash and others. Be enthusiastic about technology, he loves reports via encryption, Blockchain, Defi, and Global Macros with a severe understanding of financial markets. He is committed to continuous learning and remains eager to share the knowledge he acquires. In his spare time, Booshan enjoys reading excitement novels and sometimes exploring his cooking skills. BHUSHAN is a Bachelor’s degree in electronics engineering, however, his interest in financing and economy leads him to encryption and Blockchain.
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2025-07-19 07:15:00
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