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Grayscale: Tariffs and trade tensions may have a positive impact on the mid-term adoption of Bitcoin.
PANews April 10 news, according to CoinDesk, asset management company Grayscale released a research report on Wednesday stating that in the medium term, tariffs and trade tensions may ultimately have a positive impact on the adoption of Bitcoin (BTC). The report points out that increased tariffs could lead to stagflation, where economic growth stagnates while inflation persists, which is unfavorable for traditional assets but beneficial for scarce goods like gold; trade tensions may put pressure on the demand for dollar reserves, leaving room for competitive assets including other fiat currencies, gold, and Bitcoin; historical precedents suggest that a weak dollar and above-average inflation may persist, and Bitcoin could benefit from such a macro backdrop; "With the support of changes in U.S. government policy, the market structure is rapidly improving," which may help expand the investor base for Bitcoin.