The Wolf Of All Streets Bitcoin CRUMBLES Against Gold?! | Stablecoin Bill Just Took a HUGE Step Forward!
Apr 3, 2025
Edan Yago, a core contributor at Bitcoin OS, discusses the tumultuous relationship between Bitcoin and gold, questioning the "Digital Gold" narrative amid Bitcoin's stagnation. He dives into the impact of recent economic policies and tariffs on crypto markets while analyzing Bitcoin’s performance against gold's recent surge. Edan also touches on the evolving landscape of stablecoin legislation in the U.S. and its potential implications for financial freedom, showcasing Bitcoin as a beacon for personal economic independence.
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Tariffs and Inflation
- Tariffs are generally bad economic policy, historically leading to recessions.
- However, the impact might differ now due to governments' ability to print money and potentially fuel inflation.
Trump's Tariff Calculation
- Scott Melker analyzes Trump's tariff rates, finding them arbitrary and inaccurate.
- He points out that the rates seem derived from trade deficits divided by exports, not actual tariffs.
Focus on Reality
- The focus should be on reality and the potential hardship tariffs will cause.
- This hardship could lead to a global printing of money and currency devaluation.