Veteran trader Peter Brandt has warned that the U.S. dollar’s purchasing power has collapsed sharply since 1971. Hence, he pointed to Bitcoin as the asset best positioned to preserve value in the long term.
In a chart shared on X, Brandt showed the dollar’s value drop from $1.00 in 1971 to about $0.031 in 2025, based on M2 money supply growth. The statistics show that there is a 97% drop in five decades. It represents the effects of inflation and debasing of the fiat currency.
Brandt referred to the chart as an ultimate trend for all fiat currencies. He admitted that gold has been a good store of value, holding its purchasing power for many decades. But he affirms that Bitcoin will now be the store of value for decades to come, replacing gold.
The trader’s comments come as inflation remains a major concern for global economies. The world has witnessed the increased supply of money by central banks to boost growth. However, this has undermined the value of national currencies in the long term as well.
This position held by Brandt conforms to the perceptions of an increasing number of investors who believe Bitcoin is a hedge against inflation and currency decay. It is the latest deep analysis since he declared that Bitcoin will rule the financial world.
The proponents of this opinion argue that BTC’s mechanism of protection against monetary growth is its fixed supply of 21 million coins. It differs from fiat currencies, which can be printed in unlimited amounts.
The veteran trader has also suggested that Bitcoin could reach a tradable top within the next six weeks. He explained that Bitcoin price cycles run from low to high, with the halving event marking the midpoint.
He said this midpoint can vary by one to two weeks, but historically aligns with significant market moves. Brandt’s analysis points to a potential peak based on previous cycle behavior. This indicates that Bitcoin may soon face a decisive resistance zone.
During an interview with Bloomberg TV, Michael Saylor, Executive Chairman of Strategy, noted that interest is growing in altcoins. However, he emphasizes that Bitcoin remains the dominant and most attractive asset for corporate treasuries due to its unique characteristics as “digital capital.”
Saylor added that Bitcoin has the potential to outperform traditional equity benchmarks like the S&P 500 over the long term. He considers the digital asset a low-risk, high-return asset with global monetary commodity status.
Michael Saylor stated that Strategy distinguishes itself by offering investors access to a substantial Bitcoin treasury and innovative financial products. These are designed to provide yield while being backed by the company’s Bitcoin holdings. Strategy recently advanced this approach by filing a $4.2 billion STRC offering to expand its Bitcoin holdings.
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