The world is getting weird again.
The US and Europe? They are not really on the same page anymore. There is a trade war heating up, currencies under pressure, and cracks starting to show in the so-called alliance everyone used to believe in.
This is not just about tariffs. It is about control, trust, and who gets to shape the future of the global economy. Right now, nobody is clearly in charge.
Trump is back in office and swinging hard. He dropped "reciprocal tariffs" and kicked off a wave of chaos. Markets are reacting. Allies are annoyed. And Europe is not staying quiet either. They are already warning of a credit downgrade for the US. That is serious. That is Europe saying they are not buying what the US is selling anymore.
But here is the part nobody's talking about loud enough. The dollar is starting to shake.
April was brutal for the USD. Worst stretch against other major currencies in decades. And if this trade mess gets worse, it will bleed into everything. Recession. Debt problems. Global fallout. Other countries are already looking for backup plans.
Europe is floating the idea of moving closer to China. Not for politics, but for stability.
So what does this have to do with crypto?
A lot, actually.
Most of the world’s digital money is tied to the dollar. Stablecoins like Tether and USDC are used everywhere. But Europe is worried. They are realizing that if they do not create a real digital Euro soon, the dollar will end up dominating the digital space too.
Their solution? A central bank digital currency. A digital Euro. The US pulled back on theirs, saying they want to protect privacy and leave it to private companies. But Europe is going full speed ahead.
The catch is, people do not trust CBDCs. Too much control. Too much surveillance. Americans pushed back. Europeans are pushing forward. Who is right? That depends on whether you care more about privacy or convenience.
Here is the bottom line.
This is not just a trade war. It is a battle over the future of money. The EU and the US are moving in different directions. Crypto is stuck in the middle, watching both sides. If the old systems start falling apart, Bitcoin and other digital assets will not just benefit. They might become the escape plan.
This is not just about economics anymore. It is about who writes the rules when everything gets rewritten.
-Wasabi
