Veteran trader Peter Brandt has warned that fiat currencies and altcoins are entering a prolonged period of decline as global money supply continues to expand.
Brandt said weakening fiat systems leave speculative digital assets particularly vulnerable during periods of monetary stress.
“The destruction of fiat has begun. Altcoins will become more worthless than USDs,”
Peter Brandt said.
He argued that expanding currency supply historically revives gold’s dominance as a store of value.
“Gold will return to the world’s most dependable store of wealth,”
Peter Brandt said.
“USD-denominated assets will lose value to physical commodities, which may or may not include bitcoin,”
Peter Brandt said.
Brandt shared his views alongside long-term market analysis tracking currency in circulation relative to gold over several decades.
The analysis highlighted repeated cycles where sustained fiat expansion coincided with strong gold outperformance.
Historical breakdowns in fiat strength were followed by gold rallies exceeding 600%, according to the chart annotations.
Deeper structural failures in past cycles preceded even larger gains for gold during periods of economic stress.
Recent data suggests another potential breakdown phase, pointing to a renewed gold bull market if historical patterns repeat.
Brandt said altcoins are especially exposed as they depend on weakening fiat purchasing power while competing with scarcer assets.
He has consistently maintained that bitcoin is the only digital asset suitable for long-term holding.
Brandt has frequently described most altcoins as speculative or inferior compared with bitcoin’s role as a digital store of value.
His commentary on ethereum has focused on technical price structure rather than long-term conviction.
Observations on solana have similarly centred on chart strength instead of utility-based fundamentals.
At the time of reporting, Bitcoin price was $91,569.55.