HIVE’s Frank Holmes says money printing will make Bitcoin ‘more valuable’

3 weeks ago 8

The macro situation for Bitcoin is strengthening successful 2025, adjacent arsenic the plus continues to conflict successful the market. That opposition framed a caller treatment betwixt Frank Holmes, enforcement president of HIVE Digital Technologies (NASDAQ: HIVE) and TheStreet Roundtable's Jackson Hinkle.

Consumer involvement successful integer assets is rising, and regulatory clarity is progressing crossed Washington.

A caller survey from the National Cryptocurrency Association recovered that 1 successful 4 Americans program to either walk crypto connected vacation gifts oregon springiness it to others. Despite these tailwinds, the terms of Bitcoin has remained nether pressure.

Holmes pointed to imbalances successful the planetary system arsenic the main operator of the existent disconnect.

The planetary indebtedness is 3X the planetary GDP,” he said. “We are looking astatine 340 trillion dollars and it started 25 years ago. (They inactive trust on) modern monetary mentation (MMT) to lick each your problems, and this is not going away. And truthful wealth printing of fiat is lone going to grow, which makes Bitcoin much valuable.”

Related: Legendary hedge money expert warns Bitcoin is heading towards 1929-style crash

Gold has already been a beneficiary of these trends.

“Central bankers person not bought into Bitcoin arsenic of yet but they person bought into historically the 5 1000 years of past of gold,” Holmes said.

Central banks person continued to accumulate golden portion mostly avoiding crypto assets.

At the aforesaid time, large planetary powers are shifting distant from dollar-denominated trade.

Holmes referenced China’s propulsion to empower BRICS nations to behaviour commerce extracurricular the United States dollar. He highlighted the astonishing relation of stablecoins successful that landscape.

“Tether stablecoin, which is simply a large Bitcoin miner and large purchaser of gold. They are bigger than Germany successful owning authorities securities,” Holmes noted.

He added that citizens crossed Latin America, Africa, Eastern Europe, and parts of Asia are adopting stablecoins astatine a important scale, which often leads them into owning Bitcoin arsenic well.

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Holmes described a widening fiscal divide. People successful China and immoderate emerging markets are selling United States securities, portion others are expanding their vulnerability to dollars and stablecoins.

“They privation American dollar bills, oregon they privation a stablecoin. They bash not spot their governments,” Holmes explained.

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