The research report released by asset management company Grayscale on Wednesday shows that, in the medium term, tariffs and trade tensions may Favourable Information Bitcoin adoption. The report points out that increased tariffs will lead to economic stagflation, where economic growth stagnates alongside Inflation, which is detrimental to traditional assets but beneficial to scarce commodities like gold. Trade tensions could exert pressure on the demand for dollar reserves, creating space for competitive assets including other fiat currencies, gold, and Bitcoin. Bitcoin is seen as “digital gold” and a modern store of value, which may benefit from this macro environment, and changes in U.S. policy will expand its investor base. (CoinDesk)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Grayscale: Tariffs and trade tensions may favour Bitcoin adoption
The research report released by asset management company Grayscale on Wednesday shows that, in the medium term, tariffs and trade tensions may Favourable Information Bitcoin adoption. The report points out that increased tariffs will lead to economic stagflation, where economic growth stagnates alongside Inflation, which is detrimental to traditional assets but beneficial to scarce commodities like gold. Trade tensions could exert pressure on the demand for dollar reserves, creating space for competitive assets including other fiat currencies, gold, and Bitcoin. Bitcoin is seen as “digital gold” and a modern store of value, which may benefit from this macro environment, and changes in U.S. policy will expand its investor base. (CoinDesk)