Post
Topic
Board Economics
Re: Protectionism and Cryptocurrency: how do protectionist policies influence crypto
by
hatshepsut93
on 23/06/2018, 14:58:49 UTC
If protectionism will cause a severe economic crisis, the prices of cryptocurrencies might experience some increase, as people would be using them as a hedge against their crumbling national economy. But is not as simple as "Trump announced new tariffs - Bitcoin to the moon", it would have to take a long time to notice this effect, and some other effects like the usual volatility and market cycles can easily dwarf any boosts gained from protectionism.