- Mathematician and author Fred Krueger suggests Bitcoin is saving space in US-China trade war
- This is a reference to FOX Business senior correspondent Charles Gasparino
- Dollar strength is declining, but the yuan is not a safe-haven solution, they say
Mathematician and author Fred Krueger suggests Bitcoin is saving space in US-China trade war, referring to a recent statement by FOX Business senior correspondent Charles Gasparino. This is on the back of a weakening US dollar, but the yuan isn’t an alternative solution either, and Fred Krueger calls Bitcoin.
More on Fred Krueger’s Comments and What He Refers To
Let’s begin with the most important part — who is making these statements. Fred Krueger is not only a crypto enthusiast and the author of the well-known book The Big Bitcoin Book — he is a mathematician with a PhD from Stanford. And that matters: he was shaped by a strict academic tradition, not just market trends, which means his interest might not be purely market-driven but also academic.
Of course, this is a subjective judgment, but a person’s background inevitably influences how they think and perceive things. People from an academic environment often look at any industry more broadly — and that can be very useful. That’s the case here as well: at least judging by his multiple posts on X, he frames his view as a mathematical one.
It’s in this context that he responded to a recent comment by FOX Business senior correspondent Charles Gasparino, which was primarily economic in nature.
His statement comes in the context of dollar dynamics. And although the DXY doesn’t look as weak right now as it did when it dropped below 100 just a few days ago — the fluctuations have been intense.
Let’s also recall that we’ve seen record dynamics in 10- and even 30-year US Treasury bonds, which, combined with ongoing tariffs, continue to raise concerns.
Fred Krueger, it seems, didn’t just want to criticize the situation — he offered a solution: Bitcoin.
He didn’t specify his reasoning, but it’s not hard to guess. While Bitcoin is certainly volatile — something that must always be kept in mind — it is, by nature, nonnational, decentralized, and independent. Especially when viewed through the lens of game theory, Bitcoin is the least dependent on individual decision-makers.
What’s interesting is that while Fred Krueger doesn’t limit his preference to Bitcoin, he doesn’t advise considering Ethereum — comparing it to MySpace (yes, the once-dominant social network most people have forgotten). His argument is that Ethereum isn’t bad and has accomplished a lot — but with competitors offering similar functionality and greater efficiency, he recommends looking at them instead.
Naturally, he’s referring to Solana — but in my view, this starts to contradict his logic since Ethereum is still more resilient to centralization.
Conclusion
A reasonable argument in favor of Bitcoin, especially against the backdrop of today’s political and economic climate — where power is becoming increasingly polarized, and decisions are being made at a rapid pace. Stay tuned for updates, be adaptive in the rapidly evolving regulation, financial, and crypto landscape, and keep your strategy grounded, balanced, and beneficial.
