#TrumpTaxCuts The impact of Trump's tax proposal and its effect on cryptocurrencies

President Trump has proposed to eliminate or substantially reduce federal income taxes in the U.S. once a new tariff regime is in place. This measure could transform the economy by increasing citizens' disposable income, but it could also raise concerns about inflation and public spending. With lower tax revenues, the government may resort to printing money, which would devalue the dollar and drive up inflation. In this scenario, alternative assets like Bitcoin could benefit greatly. Bitcoin, seen as a store of value against inflation, could experience an increase in its adoption and price as investors seek to protect their wealth. However, a strict tariff regime could make imports more expensive, affecting purchasing power and slowing economic growth. This would create volatility in the markets, including cryptocurrencies, which tend to be sensitive to macroeconomic uncertainty. Although Bitcoin could strengthen in the long term, the global economy would face significant adjustment challenges.