Analyst predicts that Trump's trade policies will lead to a surge in Bitcoin, as governments may adopt inflationary fiscal and monetary policies.
The macroeconomic instability resulting from the trade war is expected to prompt a worldwide flight to safer assets, with Bitcoin positioned as an alternative store of value.
The initial impact of the trade policies would likely result in higher inflation, which would disproportionately affect countries outside the U.S.
Although the trade war may cause short-term financial pain and wealth destruction, the long-term adoption of Bitcoin as a hedge against currency depreciation is expected to drive its price higher.