This podcast interviews Jeff Park, Head of Alpha Strategies at Bitwise, about the connection between Donald Trump's tariffs and the price of Bitcoin. The discussion begins by explaining how tariffs create economic chaos, benefiting Bitcoin's role as a stable asset. Park then connects tariffs to increased fiscal deficits, weakening the dollar and favoring Bitcoin as a hedge against devaluation. The conversation further explores the concept of a "Plaza Accord 2.0," a potential multilateral agreement to weaken the dollar, and how Trump's actions might be strategically maneuvering towards this outcome. Ultimately, the podcast argues that Trump's actions, whether intentional or not, could significantly boost Bitcoin's price due to increased risk capital and a flight from depreciating currencies.
