#TrumpTaxCuts Optimism or Pessimism?
Personally, I see that the initial impact may be positive for the cryptocurrency market, but it is concerning for the macro economy.
Optimism: Cryptocurrencies might benefit greatly with the increasing demand for them as alternative assets.
Pessimism: If this leads to high inflation or an economic recession, traditional markets and jobs may suffer significant damage.
In short: In the short term, we may see a strong rise in Bitcoin and its likes, but in the long term, the economic risks will be heavy unless the transition is planned very carefully.