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

Krueger was referring to FOX Business senior correspondent Charles Gasparino's earlier comment in which the journalist praised President Donald Trump's aggressive tariff policy and said, “But the world needs a safe haven to parks its savings, and sorry guys, it aint China.”

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

Krueger was referring to FOX Business senior correspondent Charles Gasparino’s earlier comment in which the journalist praised President Donald Trump’s aggressive tariff policy and said, “But the world needs a safe haven to parks its savings, and sorry guys, it aint China.”

As the global tariff war escalated, China urged the U.S. to “correct its mistakes” and called on Trump to fully abolish the steep tariffs imposed on Chinese goods.

Meanwhile, China halted exports of a wide range of critical rare earth metals and minerals, the New York Times reported on Apr.13. These minerals are crucial to the manufacturing of automobiles, aerospace, semiconductors, and defense equipment around the world.

Most of the U.S. supply comes from China, which produces around 90% of the world's rare earth metals.

Trump Tariff Live Updates: Trump open to make a trade deal with Xi Jinping

Trump Tariff Live Updates: Trump open to make a trade deal with Xi Jinping

Krueger’s bet on Bitcoin as an asset to hedge amid the escalating tariff war is not now. He has previously called for investing in Bitcoin, i.e., “transportable Digital Gold” in a tariff world.

EU suspends tariffs on U.S. imports until July 14

Trump's tariff rollback is good news for tech and crypto sector in short-term

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Notably, Michael Saylor’s Strategy (Nasdaq: MSTR) recently acquired 3,459 BTC. The firm began investing in Bitcoin to add to its balance sheet back in 2020.

The firm is the world’s largest corporate holder of Bitcoin. Its total Bitcoin holdings stand at 531,644 BTC worth over $45 billion as of Apr. 14.

Tech entrepreneur Vinny Lingham called Strategy the “Federal Reserve for Bitcoin” on X.

It is the Fed that controls the U.S. dollar. Lingham’s comment likens Strategy to an alleged powerful entity controlling the world’s largest cryptocurrency.

At press time, Bitcoin was exchanging hands at $84,174.07 as per Kraken's price feed.