After clearing the House in May, the bill—covering everything from military and infrastructure to tax breaks—is positioned as an economic stimulus. But concerns over ballooning debt and fiscal discipline have reignited interest in Bitcoin and other decentralized assets, according to a new report by Santiment.

Bitcoin as a Hedge Against Government Spending

With debate intensifying over the bill’s potential to inflate the federal deficit, investors are once again turning to BTC as a hedge against monetary dilution. Across social media platforms and financial commentary channels, the sentiment is gaining steam: “If the government’s going to spend big, I want to hold assets that can’t be inflated.”

Bitcoin’s role as a digital alternative to fiat currency has never looked more relevant. As lawmakers push ahead with trillion-dollar spending plans, the cryptocurrency’s scarcity narrative is resonating stronger than ever—especially among those worried about long-term inflation risk.

Sovereignty and Alternatives See Uptick in Interest

The bill is also catalyzing attention for tokens aligned with privacy, decentralization, and financial independence. Projects like Monero (XMR) and MakerDAO (MKR) have seen a rise in mentions, reflecting a growing appetite for crypto assets that offer alternatives to centralized monetary control.

Even algorithmic stablecoins—controversial as they may be—are receiving new consideration in the context of fiat skepticism. Meanwhile, politically-themed meme coins have also spiked in popularity, though Santiment notes this may be more tied to news cycles than genuine utility.

Tax Simplification for Crypto?

While the bill remains controversial—criticized for benefiting the wealthy while placing future burdens on working-class Americans—it might offer some upside for crypto traders. According to Santiment, speculation is growing that the final version could include clearer tax rules for digital assets, potentially simplifying one of the most complex pain points for U.S. crypto investors.

Outlook: Crypto Sentiment Tied to Fiscal Policy

As the Senate targets a July deadline, markets are closely watching for fiscal outcomes. If the final version of the bill escalates concerns about deficit spending without corresponding economic growth, Bitcoin and decentralized assets could benefit further. Conversely, if crypto-specific regulations materialize in a way that favors user adoption, even more capital may rotate into the space.

The post How Trump’s ‘Beautiful Bill’ Is Boosting Bitcoin’s Appeal appeared first on Coindoo.

---

Filed under: Bitcoin - @ June 21, 2025 9:00 am