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Famous Investor: I'm holding Bitcoin because of the weakening US dollar

In an interview with CNBC, Vincent Daniel, the famous investor and co-founder of Seawolf Capital, stated that he has a positive attitude towards Bitcoin due to the weakening of the US dollar. Daniel said that the weakening of the US dollar and fiat currencies is the main reason to hold Bitcoin. Porter Collins, another co-founder of Seawolf Capital, also stated that Bitcoin, along with gold, can serve as a hedge against the weakening of the US dollar. He pointed to the US trillion dollar budget deficit and the addition of one trillion dollars to the debt every 100 days, saying that this process will depreciate the dollar.