Invest In Bitcoin, Not China, Mathematician Tells Market Players

Amid the escalating tariff war, mathematician and The Big Bitcoin Book author Fred Krueger advised investors on X (formerly Twitter) to move their savings into Bitcoin instead of China.

As trade tensions rise, China has urged the U.S. to “correct its mistakes” and demanded that Trump eliminate the steep tariffs imposed on Chinese goods.

His comments followed a journalist’s praise for President Donald Trump’s aggressive tariff policy, with the journalist adding, “But the world needs a safe haven to park its savings, and sorry guys, it ain’t China,” Anand Sinha reported for TheStreet.

As trade tensions rise, China has urged the U.S. to “correct its mistakes” and demanded that Trump eliminate the steep tariffs imposed on Chinese goods.

In retaliation, China halted exports of various critical rare earth metals and minerals, The New York Times reported on April 13. These materials are vital for industries such as automotive, aerospace, semiconductors, and defense.

Currently, China produces about 90% of the world’s rare earth metals.

Krueger’s support for Bitcoin as a hedge in a tariff-dominated world is not new. He has long referred to Bitcoin as “transportable digital gold.” Notably, Michael Saylor’s firm, Strategy, recently acquired 3,459 BTC.

The company, which began investing in Bitcoin in 2020, is the world’s largest corporate holder of the cryptocurrency, now holding 531,644 BTC—worth over $45 billion as of April 14.

Tech entrepreneur Vinny Lingham referred to Strategy as the “Federal Reserve for Bitcoin” on X, drawing a parallel between the company’s influence on cryptocurrency and the Fed’s role in managing the U.S. dollar.