#TrumpTaxCuts I think President Trump has fully understood that the world no longer needs the dollar for trade. The world economy has accepted Bitcoin and other cryptocurrencies as an alternative for international transactions, so he first suspended tariffs and then reduced them. Now he is moving towards reducing them significantly.

The US President's decisions about the role of alternative assets like Bitcoin are no longer going to make any difference. They have greatly strengthened their importance and usefulness through free cooperation.

The crypto market has strengthened its grip on the wider world economy. President Trump's decision to suspend and reduce tariffs may be an attempt to reduce the importance of the crypto market and maintain the monopoly of the dollar.