Trump’s Tariffs “Good for Bitcoin,” Says Arthur Hayes

• Arthur Hayes links Trump’s tariffs to increased money printing
• Predicts global economic shifts due to U.S. policies
• Sees medium-term upside for Bitcoin

Tariffs, Money Printing, and Bitcoin’s Bright Side

Arthur Hayes, the outspoken co-founder of crypto exchange BitMEX, has weighed in on Donald Trump’s proposed tariff policies—and he thinks they could be a hidden win for Bitcoin. In a recent post, Hayes explained how Trump’s trade strategies, especially the idea of imposing heavy tariffs on imports, could lead to more money printing and economic shifts worldwide.

According to Hayes, if Trump returns to the White House and follows through with his plans, it will likely trigger a wave of financial reactions from central banks. The U.S. might respond to reduced trade flow and increased domestic production costs with more fiscal stimulus and loose monetary policy—essentially, printing more money to support the economy.

Hayes argues that this environment of increasing monetary expansion, mixed with global imbalances being corrected through deglobalization, sets up Bitcoin as a solid store of value.

A Correction to Global Imbalances

Hayes suggests that Trump’s aggressive trade policies won’t just shake up the U.S. economy—they’ll also disrupt the global balance of trade. Countries relying heavily on exports to the U.S. could see reduced income, while America might see inflation from higher domestic prices.

This kind of shake-up, Hayes claims, is part of a larger correction to long-standing global imbalances. While the immediate aftermath might seem rocky, the longer-term result could be a new financial structure where decentralized assets like Bitcoin gain traction as alternatives to traditional currencies.

Bitcoin as a Medium-Term Winner

While Hayes doesn’t expect Bitcoin to spike overnight, he sees this macroeconomic trend as setting the stage for medium-term gains. As fiat currencies face pressure from constant stimulus and political decisions, Bitcoin could benefit from its finite supply and decentralized nature.

Hayes concludes that even though Trump’s tariff talk sounds like a political play, the ripple effects could favor Bitcoin over time. As governments print more money to cover rising costs, Bitcoin’s value proposition as a hedge against inflation grows stronger.