Bitcoin: The Ultimate Hedge Against Fiat Depreciation Amid Proposed Economic Policies in the Upcoming Trump Administration

According to a recent article by BitMEX co-founder Arthur Hayes, titled “Black or White?”, the potential economic strategies of a future Trump administration could closely resemble China’s development model. This includes significant fiscal stimulus and targeted industrial policies aimed at reshoring manufacturing to the United States. Such policies may encompass tax incentives and subsidies for vital industries, alongside provisions for low-cost financing via the banking sector. This approach could precipitate an expansion in bank credit that might surpass the $4 trillion stimulus witnessed during the pandemic. Within this framework, Bitcoin emerges as a viable hedge against the depreciation of fiat currencies, with some analysts projecting its value could soar to $1 million, should these economic conditions take shape. Investors are advised to consider the implications of these developments on their cryptocurrency portfolios.