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Syed Waqas Abid pfp
Syed Waqas Abid
@syedd
Trump's Tariffs on Canada and Mexico: During Trump's presidency, the imposition of tariffs on Canada, Mexico, and other major trading partners disrupted global trade dynamics. These protectionist measures led to increased market volatility and uncertainty within traditional financial sectors, such as stocks and commodities. In response, many investors began seeking alternative assets like cryptocurrencies. The tariffs highlighted the need for borderless and decentralized financial systems, which is one of the core appeals of digital currencies like Bitcoin and Ethereum. As a result, there was a noticeable uptick in crypto adoption during trade disputes, as investors aimed to hedge against economic instability and the fluctuating value of fiat currencies. While tariffs shook traditional markets, they inadvertently boosted crypto's appeal as a decentralized alternative. This incident underscored the growing role of cryptocurrency as a financial safe haven in times of geopolitical and economic turbulence.
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Magnus Storm pfp
Magnus Storm
@magnuses
Not sure, what u think?
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Seraphina Grace
@seraphinaz
Kinda meh. thoughts?
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