Grayscale: Tariffs and trade tensions may favour Bitcoin adoption

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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)

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