Grayscale: Tariffs and trade tensions may have a positive impact on the mid-term adoption of Bitcoin

The asset management company Grayscale stated in a research report released on Wednesday that, from a medium-term perspective, tariffs and trade tensions could ultimately have a positive impact on the adoption of Bitcoin (BTC). The report pointed out that additional tariffs can lead to economic stagnation, i.e., the coexistence of economic growth stagnation and inflation. This is unfavorable for traditional assets but beneficial for scarce commodities such as gold; Trade tensions may put pressure on dollar reserve demand, leaving room for competitive assets including other legal currencies, gold and bitcoin; Historical precedents suggest that dollar weakness and above-average inflation may persist, and Bitcoin may benefit from such macro backgrounds; "Rapid improvements in market structure supported by changes in U.S. government policy" could help expand Bitcoin's investor base.