Luke Gromen: Bitcoin as "The New Oil," Trump's Tariffs, and the Death of the Dollar-Centric System
Coin Stories
Tariffs, Bitcoin, and Economic Shifts
This chapter examines the proposed tariffs' impact on the economy, focusing on their potential to cause inflation and affect consumer prices. It explores the evolving role of Bitcoin and gold as alternative reserve assets in a changing financial landscape, particularly amidst the challenges facing the U.S. dollar. The discussion highlights the need for timely economic policy changes and considers Bitcoin's emergence as a transformative economic force akin to historical oil market dynamics.
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