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Bitwise said Trump's Trade War will benefit Bitcoin in this way! - Coin Bulletin
Bitwise analyst Jeff Park stated that while Trump's trade policies could create global economic turmoil, they would accelerate Bitcoin's acceptance as a store of value, (BTC).
Bitwise analyst Jeff Park stated that global funds may turn to cryptocurrencies like Bitcoin, which are inflation-resistant and non-sovereign assets. Such assets could become attractive to risk-averse investors. In particular, the uncertainty in government monetary policies and economic crises may highlight Bitcoin's value preservation feature.
According to Park, trade wars and economic uncertainties may increase demand for alternative assets beyond the traditional financial system. At this point, decentralized digital currencies like Bitcoin stand out as they allow investors to hedge against risks by reducing dependence on traditional financial systems.
The role of Bitcoin in this new era may be shaped by developments in the global economy. However, the adoption of Bitcoin as a store of value could lead to profound changes in the financial system in the long term.