Cryptocurrencies as a defense in times of inflation and protectionism

With the rise of global protectionism and inflationary pressure in the United States, investors around the world are looking for new ways to protect their assets. Among them, cryptocurrencies — digital assets that operate outside the direct reach of central banks and state policies.

Bitcoin, for example, has increasingly been seen as store of value in scenarios where national currencies lose purchasing power or governments interfere in market logic with tariffs, exchange controls and unbridled money printing.

More than a speculative asset, cryptos have come to play a role strategically monetary. They act as a refuge in the midst of stagflation — a combination of high inflation and weak growth — and are particularly important in countries facing currency devaluation or institutional distrust.

Decentralized currency, decentralized protection

Unlike gold, which is also seen as a safe haven asset, cryptocurrencies are transportable, programmable and immune to state censorship. This makes them especially attractive in contexts of political instability, trade war or risk of confiscation.

As discussed in our article “Is Cryptocurrency Money? The Origin of a Stateless Market”, the crypto proposal goes beyond technology: it represents a new vision of individual sovereignty and economic freedom.

The advance of state digital currencies

In contrast, governments around the world are rushing to launch their CBDCs — state-controlled digital currencies — promising modernization but with the risk of financial surveillance and total control over individual transactions.

This creates a fundamental dilemma: are we moving towards a system of free currencies or towards a new architecture of digital control disguised as innovation?

Conclusion

As tariffs, money printers and fragile currencies erode trust in the traditional system, the movement towards cryptocurrencies is only growing.
They are, at the same time, refuge, resistance and reinvention — and deserve attention not only from investors, but from any citizen concerned about freedom and stability.