Tucker Carlson argued that the U.S. dollar’s “diminishing purchasing power” makes the case for a new global reserve currency.
• Carlson and Schiff clash over value creation in crypto and gold.
Media personality Tucker Carlson said Bitcoin (BTC) or Tether (USDT) could replace the U.S. dollar as the world’s reserve currency, arguing that the dollar’s purchasing power is eroding, during a new interview with economist and gold advocate Peter Schiff.
The remarks came as Carlson and Schiff clashed over gold’s rally and Schiff’s long-held opposition to cryptocurrencies, as a growing number of commentators echo the skepticism toward digital assets.
Carlson framed his argument around what he described as the decline of the U.S. dollar.
The comments followed Peter Schiff’s X post warning of the erosion of the U.S. dollar.
In their long-awaited interview, Carlson and Schiff clashed over the economist’s long-time pushback against crypto.
Schiff rejected Carlson’s characterization and argued that crypto wealth does not stem from productive economic activity.
Carlson challenged Schiff by comparing that same crypto speculation to gold investing.