Sunday, May 12, 2019

Is bitcoin actually benefiting from trade wars?

According to some financial writers in top publications, because " [Bitcoin] was created in direct response to the shortcomings of the traditional financial system. It makes sense, then, that any event that highlights the potential vulnerabilities of a national currency also tends to magnify the strengths of a borderless currency such as Bitcoin. "

On the other hand, some analysts say that since at this point the trade wars are not in a "full-on" stage but rather in an "intensifying" stage, the effect is currently rather small but could get bigger in time. It seems that at this point in time this subject should on all of our radars. The articles about bitcoin I'm relying on can be found in the link)/


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