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Mon. AM-PM Seeds of Wisdom Crypto Update(s) 5-26-25

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(Note: If you’re looking for more news regarding cryptocurrency, please visit our website Bitcoin Commando. All crypto news will be posted there. ~ Dinar Chronicles)

Seeds of Wisdom

PETER SCHIFF WARNS TRUMP’S ‘BIG, BEAUTIFUL BILL’ WILL TRIGGER ECONOMIC COLLAPSE, OBLITERATE THE DOLLAR

Renowned economist and gold advocate Peter Schiff has issued a dire warning about President Donald Trump’s “Big, Beautiful Bill,” calling it a ticking time bomb for the U.S. economy. In a flurry of posts on X (formerly Twitter), Schiff lambasted the legislation as a fiscal disaster that could obliterate the U.S. dollar and trigger a sovereign debt crisis.

“A Fiscal Nuke in Disguise”

Schiff minced no words, labeling the bill as a continuation of the same reckless policies that led to America’s economic decline. He warned that instead of Making America Great Again, the bill could be the “straw that breaks the camel’s back.”

“It may usher in a long-overdue dollar & sovereign debt crisis,” Schiff declared.

No Deficit Cuts, Just More Spending

The bill spans 1,116 pages, yet Schiff points out none of them reduce the deficit. In fact, he says the legislation bloats government spending and masks its true cost through accounting gimmicks.

“Only two House Republicans had the courage to vote against this monstrosity,” he wrote. “It’s a total fraud and a betrayal.”

Tax Cuts or Hidden Tax Hike?

Despite Trump touting the bill as a historic tax cut, Schiff says the real cost of government is total spending, not the tax rate.

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“This bill increases spending, so it’s a tax hike, not a tax cut,” he stated, predicting rising inflation and interest rates as the eventual burden on taxpayers.

Medicaid Cuts Won’t Stick

Schiff also took aim at the bill’s alleged cuts to Medicaid, calling them a deceptive talking point. He noted the reductions don’t take effect for five years—if ever—and will likely be rolled back under political pressure.

Supporters Push Back

While Schiff is sounding the alarm, backers of the bill argue it brings clarity to tax policy and aims to resolve structural problems inherited from previous administrations. They see it as a roadmap to economic stability—but Schiff warns that stability can’t come from denial and debt

As the political divide over U.S. fiscal policy deepens, Schiff’s warnings add to growing fears that America’s debt-fueled economy is heading toward a breaking point.

@ Newshounds News™

Source: 
Bitcoin.com

FYI: This is exactly what we need to bring in the New Gold-backed Quantum Financial System

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CAN BRICS TOPPLE THE US DOLLAR? BRAZIL CENTRAL BANK DIRECTOR SAYS NOT IN THIS DECADE

Despite rising momentum behind BRICS’ de-dollarization agenda, Brazil’s Central Bank Deputy Governor Nilton David has cast serious doubt on the bloc’s ability to dethrone the U.S. dollar anytime soon. Speaking during a recent webcast, David broke down the myths vs. reality of BRICS’ financial influence—and his conclusion was blunt:

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“No BRICS Asset Strong Enough to Replace the Dollar”

David, who also serves as Director of Monetary Policy, acknowledged BRICS’ efforts to promote local currencies in trade, but said the alliance lacks a credible alternative to the greenback.

“There are no stronger BRICS-denominated assets or currencies that can replace the U.S. dollar,” he stated, adding,
“I don’t think that will change over the coming decade.”

Bitcoin? Not the Answer Either

When asked if Bitcoin could disrupt the dollar’s dominance, David dismissed it outright.

“It’s a speculative currency by nature,” he said, emphasizing Brazil’s $340 billion in FX reserves are in dollars because the greenback is far more stable than crypto assets.

BRICS Facing Limitations

While BRICS has made headlines for challenging Western financial hegemony, David said the alliance still lacks the depth, liquidity, and trust required to rival the dollar on a global scale.

“The push for local currency trade is real, but it won’t ‘nail the coffin’ on the dollar,” he noted.

He further questioned whether BRICS could ever serve as a true counterweight to the West, citing financial and structural limitations.

Bottom Line: De-dollarization May Be Inevitable—But It Won’t Be Fast

As speculation grows about a BRICS-led global shift, Brazil’s central bank sees no immediate threat to the U.S. dollar’s supremacy. While alternative trading mechanisms may gain ground, a full-scale dethroning of the greenback appears decades away—if at all.

@ Newshounds News™

Source: 
Watcher.Guru

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Source: Dinar Recaps

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MORGAN STANLEY PREDICTS 10% DROP IN US DOLLAR — SEES BOOST FOR RISK ASSETS AND S&P 500

Morgan Stanley has issued a bold mid-year forecast: the U.S. dollar is headed for a major decline, which could act as a tailwind for equities, crypto, and other risk-on assets.

CIO Mike Wilson: “Dollar to Fall Another 10% Into 2026”

In an interview with Bloomberg TelevisionChief Investment Officer Mike Wilson said:

“Our forecast for the dollar… is for another 10% decline, continuing into next year. That’s another reason the S&P 500 will be hard-pressed to correct more than 10%.”

The call is based largely on Morgan Stanley’s projection of 175 basis points in Fed rate cuts over the next year.

If realized, this would deepen pressure on the greenback and stimulate broader asset markets.

Even with Fewer Rate Cuts, Dollar Still Going Down

Wilson emphasized that even if the Fed doesn’t cut rates as aggressively:

“The direction of travel is still south for the dollar… particularly against the yeneuro, and pound — economies with less room to cut in a slowdown.”

This shift could:

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  • Weaken the dollar globally
  • Make U.S. exports more competitive
  • Push investors toward commodities, stocks, and crypto

Why This Matters for Investors

A falling U.S. dollar tends to:

  • Support higher stock prices (especially in large caps and tech)
  • Provide upside to Bitcoin, XRP, and other crypto assets
  • Drive flows into emerging markets and commodities

With dollar strength waning, traders and institutions may rotate heavily into risk-on trades to front-run 2026 macro shifts.

Bottom Line

Morgan Stanley’s call is clear: rate cuts are coming, the dollar is weakening, and risk assets are positioned to benefit.

As the greenback loses steam, expect crypto and equities to surge — especially if the Fed confirms the pivot in coming months.

@ Newshounds News™

Source: 
Daily Hodl

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FLORIDA TO SCRAP CAPITAL GAINS TAX ON BITCOIN, XRP, AND STOCKS — A GAME-CHANGER FOR CRYPTO IN AMERICA

In a bold move that could reshape U.S. crypto policy, Florida has introduced legislation to eliminate state capital gains tax on Bitcoin, XRP, and traditional stocks, sending bullish signals across the markets.

State-Level Tax Break Could Supercharge Crypto Adoption

Backed by Governor Ron DeSantis and Florida’s GOP leadership, the bill would:

  • Remove capital gains tax at the state level for profits from crypto and stock investments
  • Increase investor returns, making Florida more attractive to crypto traders and fintech firms
  • Position the state as a potential crypto capital of the U.S.

Federal capital gains tax still applies — only Congress can change that.

Markets React: BTC and XRP Climb

In the 24 hours following the announcement:

  • Bitcoin (BTC) rose 2.4%, trading near $109,835
  • XRP jumped 2.2% to $2.34

Growth Trends:

Asset 30-Day 3-Month

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BTC +16.55% +19.6%
XRP +5.42% +2.71%

Some analysts predict Bitcoin could hit $135,000 if this momentum continues.

In Sync With Trump’s National Pro-Crypto Push

This legislation mirrors President Trump’s federal crypto agenda:

  • Advocates pro-blockchain policies
  • Has support across 27 Republican-led states
  • Could inspire a wave of similar tax reform bills

Mixed Public Response

Supporters say:

  • Could make Florida the #1 crypto-friendly state
  • Will attract VCs, builders, and high-net-worth investors

Critics argue:

  • Might complicate filings and cause clashes with federal tax rules
  • Risks regulatory confusion across state-federal lines

Why It Matters: This Could Spark Nationwide Crypto Tax Reform

If Florida’s bill passes:

  • Other GOP-led states may follow suit
  • Federal lawmakers may face increased pressure to modernize crypto tax policy
  • Could create a more unified, investor-friendly U.S. crypto landscape

Bottom Line

Florida isn’t just tweaking its tax code—it may be igniting the next phase of U.S. crypto regulation. Whether you’re holding BTC, XRP, or just watching the policy tide, this bill deserves your full attention. 

@ Newshounds News™

Source: 
Coinpedia

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Source: Dinar Recaps

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Copyright © Dinar Chronicles

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