{"id":76416,"date":"2025-04-15T05:06:56","date_gmt":"2025-04-15T03:06:56","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=76416"},"modified":"2025-04-15T05:06:56","modified_gmt":"2025-04-15T03:06:56","slug":"trumpova-cla-a-krypto-silenstvi-geopoliticky-hazard-ohrozujici-vzestup-bitcoinu","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2025\/04\/15\/trumpova-cla-a-krypto-silenstvi-geopoliticky-hazard-ohrozujici-vzestup-bitcoinu\/","title":{"rendered":"Trumpova cla a krypto \u0161\u00edlenstv\u00ed: geopolitick\u00fd hazard ohro\u017euj\u00edc\u00ed vzestup Bitcoinu"},"content":{"rendered":"
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Bitcoin a dal\u0161\u00ed kryptom\u011bny prok\u00e1zaly extr\u00e9mn\u00ed volatilitu. V reakci na to se suver\u00e9nn\u00ed zem\u011b mohou p\u0159esunout k digit\u00e1ln\u00edm m\u011bn\u00e1m kryt\u00fdm hmotn\u00fdmi aktivy, jako jsou st\u00e1tn\u00ed dluhopisy nebo rezervy.<\/strong><\/p>\n

V posledn\u00edch t\u00fddnech\u00a0se finan\u010dn\u00edmi trhy oz\u00fdvaly rozhovory o\u00a0<\/span>krachu bitcoinu , p\u0159i\u010dem\u017e ceny prudce klesly z lednov\u00e9ho maxima\u00a0<\/span><\/a>t\u00e9m\u011b\u0159 110 000 USD<\/span><\/a>\u00a0na m\u00e9n\u011b ne\u017e 75 000 USD za\u010d\u00e1tkem dubna. Tato volatilita v\u0161ak neztlumila nad\u0161en\u00ed pro kryptom\u011bny mezi washingtonskou elitou, zejm\u00e9na prezidentem Donaldem Trumpem a jeho spojencem Elonem Muskem. Jejich hlasit\u00e1 podpora podtrhuje rostouc\u00ed politick\u00fd vliv kryptom\u011bn, ale je to souhra s Trumpovou agresivn\u00ed celn\u00ed politikou, kter\u00e1 vyvol\u00e1v\u00e1 hlubok\u00e9 ot\u00e1zky o mezin\u00e1rodn\u00ed stabilit\u011b, a to jak geopoliticky, tak geoekonomicky.<\/span><\/p>\n

P\u016fvab bitcoinu ve Washingtonu pramen\u00ed z jeho p\u0159\u00edslibu finan\u010dn\u00ed suverenity a jeho vzdoru v\u016f\u010di tradi\u010dn\u00edm m\u011bnov\u00fdm syst\u00e9m\u016fm. Trump, kter\u00fd se ozna\u010duje za \u201ekryptoprezidenta\u201c, prosazoval politiky, jako je n\u00e1rodn\u00ed hromad\u011bn\u00ed bitcoin\u016f a deregulace, aby upevnil dominanci Ameriky v prostoru digit\u00e1ln\u00edch aktiv. Jeho inaugurace se \u010dasov\u011b shodovala s rekordn\u00edm maximem bitcoinu, \u017eiven\u00e1 optimismem ohledn\u011b jeho pro-krypto postoje. Musk, kl\u00ed\u010dov\u00fd poradce a \u0161\u00e9f Department of Government Efficiency (DOGE), je ji\u017e dlouho jak\u00fdmsi evangeliz\u00e1torem kryptom\u011bn, kdysi zvy\u0161oval hodnotu Dogecoinu pomoc\u00ed tweetu a nyn\u00ed obhajuje roli blockchainu v ekonomick\u00fdch inovac\u00edch. Jejich nad\u0161en\u00ed signalizuje posun: kryptom\u011bna ji\u017e nen\u00ed okrajov\u00fdm aktivem, ale strategick\u00fdm n\u00e1strojem v americk\u00e9m ekonomick\u00e9m arzen\u00e1lu.<\/span><\/p>\n

P\u0159esto tato kryptoeuforie nar\u00e1\u017e\u00ed p\u0159\u00edmo na Trump\u016fv tarifn\u00ed \u00fatok. Od dubna 2025 jeho administrativa uvalila rozs\u00e1hl\u00e1 cla \u2013 10 % a\u017e 125 % (kr\u00e1tce \u0159e\u010deno) \u2013 na dovoz z \u010c\u00edny, Kanady, Mexika a d\u00e1le (i kdy\u017e s p\u0159est\u00e1vkami), \u010d\u00edm\u017e vyvolala ot\u0159esy na glob\u00e1ln\u00edch trz\u00edch. Bitcoin, \u010dasto ozna\u010dovan\u00fd jako \u201edigit\u00e1ln\u00ed zlato\u201c imunn\u00ed v\u016f\u010di ekonomick\u00fdm \u0161ok\u016fm, nez\u016fstal u\u0161et\u0159en. Ceny\u00a0<\/span>klesly o 10 %<\/span><\/a>\u00a0po ozn\u00e1men\u00ed sazebn\u00edku, co\u017e odr\u00e1\u017eelo v\u00fdprodeje technologick\u00fdch akci\u00ed, kdy\u017e investo\u0159i prchali z rizikov\u00fdch aktiv. Dogecoin, p\u016fvodn\u00ed meme coin, se za 11 t\u00fddn\u016f od zah\u00e1jen\u00ed Trumpova prezidentstv\u00ed propadl o v\u00edce ne\u017e dv\u011b t\u0159etiny hodnoty. Dal\u0161\u00ed hlavn\u00ed kryptom\u011bny jako Cardano, Ethereum a Solana se tak\u00e9 zhroutily a ztratily\u00a0<\/span>v\u00edce ne\u017e 50 %<\/span><\/a>\u00a0sv\u00e9 hodnoty.<\/span><\/p>\n

To zpochyb\u0148uje narativ, \u017ee bitcoin je bezpe\u010dn\u00fd p\u0159\u00edstav; jak\u00a0<\/span>poznamen\u00e1v\u00e1<\/span><\/a>\u00a0analytik Garrick Hileman\u00a0, obchoduje se sp\u00ed\u0161e jako volatiln\u00ed technologick\u00e9 akcie ne\u017e jako stabiln\u00ed zaji\u0161t\u011bn\u00ed. N\u011bkdo si m\u016f\u017ee vzpomenout, \u017ee Michael Saylor (z MicroStrategy, kter\u00e1 vlastn\u00ed bitcoiny v hodnot\u011b asi 33 miliard dolar\u016f) se chlubil, \u017ee \u201ena bitcoiny neexistuj\u00ed \u017e\u00e1dn\u00e1 cla\u201c \u2013 jen proto, aby bitcoin hned dal\u0161\u00ed den dos\u00e1hl nejni\u017e\u0161\u00ed \u00farovn\u011b od listopadu. Zd\u00e1 se, \u017ee Danny Scott, gener\u00e1ln\u00ed \u0159editel britsk\u00e9 bitcoinov\u00e9 burzy CoinCorner, to\u00a0<\/span>pochopil<\/span><\/a>\u00a0: „Bitcoin v posledn\u00ed dob\u011b uk\u00e1zal silnou korelaci s \u0161ir\u0161\u00edmi finan\u010dn\u00edmi trhy. Jak trh kles\u00e1, bitcoin je n\u00e1sleduje, bez ohledu na jeho vlastn\u00ed fundamenty.“<\/span><\/p>\n

Tarify jsou pro kryptom\u011bny skute\u010dn\u011b dvouse\u010dn\u00fdm me\u010dem. Na jedn\u00e9 stran\u011b zesiluj\u00ed ekonomickou nejistotu, co\u017e m\u016f\u017ee v\u00e9st ke spekulativn\u00edmu z\u00e1jmu sm\u011brem k decentralizovan\u00fdm aktiv\u016fm. Pokud obchodn\u00ed v\u00e1lky naru\u0161\u00ed d\u016fv\u011bru ve fiat m\u011bny, bitcoin by mohl z\u00edskat jako alternativa bez hranic \u2013 n\u00e1zor sd\u00edlen\u00fd nad\u0161enci jako Michael Saylor, kter\u00fd tvrd\u00ed, \u017ee kryptom\u011bn\u00e1m se da\u0159\u00ed uprost\u0159ed \u201eskryt\u00fdch rizik\u201c, jako je inflace a regulace. Na druhou stranu tarify zvy\u0161uj\u00ed n\u00e1klady na krypto infrastrukturu.<\/span><\/p>\n

Ji\u017e d\u0159\u00edve jsem\u00a0<\/span>psal<\/span><\/a>\u00a0o tom, jak t\u011b\u017eba kryptom\u011bn hr\u00e1la roli v krizi cen plynu v Kazachst\u00e1nu v roce 2022. Ned\u00e1vno jsem\u00a0<\/span>komentoval<\/span><\/a>\u00a0Muskovu sout\u011b\u017e Starlink s \u010d\u00ednskou SpaceSail, zat\u00edmco Trumpova administrativa prosazovala fosiln\u00ed paliva pro um\u011blou inteligenci a zam\u011b\u0159ovala se na nerostn\u00e9 suroviny na\u00a0<\/span>Ukrajin\u011b<\/span><\/a>\u00a0a\u00a0<\/span>v Gr\u00f3nsku<\/span><\/a>\u00a0. Tvrd\u00fdm faktem je, \u017ee um\u011bl\u00e1 inteligence a kryptot\u011b\u017eba poh\u00e1n\u011bj\u00ed po\u017eadavky na energii a zdroje, \u010d\u00edm\u017e se shoduj\u00ed s Big Tech a Muskov\u00fdm vlivem (tak\u00e9 zvy\u0161uj\u00ed obavy z koncentrace moci v USA). Trumpova cla riskuj\u00ed zv\u00fd\u0161en\u00ed nap\u011bt\u00ed a zintenzivn\u011bn\u00ed glob\u00e1ln\u00ed konkurence v oblasti nerostn\u00fdch surovin, co\u017e m\u016f\u017ee v\u00e9st k mnoha dal\u0161\u00edm konflikt\u016fm po cel\u00e9m sv\u011bt\u011b. Ale tady jsem odbo\u010dil.<\/span><\/p>\n

T\u011b\u017eebn\u00ed plo\u0161iny, kter\u00e9 jsou z\u00e1visl\u00e9 na dov\u00e1\u017een\u00fdch \u0161t\u011bpk\u00e1ch, \u010del\u00ed vy\u0161\u0161\u00edm cen\u00e1m, co\u017e sni\u017euje mar\u017ee pro americk\u00e9 t\u011b\u017ea\u0159e, kte\u0159\u00ed se ji\u017e pot\u00fdkaj\u00ed s n\u00e1klady na energii. Nap\u0159\u00edklad Kanada, st\u00e1le centrum t\u011b\u017eby bitcoin\u016f, kter\u00e9 kdysi m\u011blo 7 % celosv\u011btov\u00e9ho hash rate (p\u0159edt\u00edm, ne\u017e j\u00ed v roce 2023\u00a0<\/span>vyhl\u00e1sila \u201ev\u00e1lku\u201c<\/span><\/a>\u00a0mimo jin\u00e9 kv\u016fli ekologick\u00fdm ot\u00e1zk\u00e1m), nyn\u00ed ka\u017edop\u00e1dn\u011b \u010del\u00ed 25% americk\u00fdm cl\u016fm, co\u017e by mohlo naru\u0161it p\u0159eshrani\u010dn\u00ed dodavatelsk\u00e9 \u0159et\u011bzce kritick\u00e9 pro severoamerickou krypto dominanci. Tot\u00e9\u017e plat\u00ed pro dal\u0161\u00ed lokality, p\u0159i\u010dem\u017e dal\u0161\u00edmi\u00a0<\/span>kl\u00ed\u010dov\u00fdmi uzly<\/span><\/a>\u00a0jsou samotn\u00e1 \u010c\u00edna a zem\u011b jako Kazachst\u00e1n .<\/span><\/p>\n

Geopoliticky Trumpova cla a crypto push tak\u00e9 p\u0159ekresluj\u00ed aliance. Jeho vylou\u010den\u00ed \u010c\u00edny z\u00a0<\/span>90denn\u00ed<\/span><\/a>\u00a0celn\u00ed pauzy \u2013 a z\u00e1rove\u0148 zv\u00fd\u0161en\u00ed cla\u00a0<\/span>na 145 % \u2013<\/span><\/a>\u00a0eskaluje nap\u011bt\u00ed s Pekingem, kter\u00fd\u00a0<\/span>se odvd\u011b\u010dil<\/span><\/a>\u00a0125% cly na americk\u00e9 zbo\u017e\u00ed. Tato obchodn\u00ed v\u00e1lka riskuje rozt\u0159\u00ed\u0161t\u011bn\u00ed glob\u00e1ln\u00edch trh\u016f a kryptom\u011bny uv\u00edznou v k\u0159\u00ed\u017eov\u00e9 palb\u011b. \u010c\u00edna, kdysi velmoc v oblasti t\u011b\u017eby kryptom\u011bn, by mohla zdvojn\u00e1sobit sv\u016fj digit\u00e1ln\u00ed j\u00fcan, aby \u010delila americk\u00e9mu vlivu a zpochybnila glob\u00e1ln\u00ed v\u00fdznam Bitcoinu. Mezit\u00edm se st\u00e1ty jako Kanada a Mexiko, zasa\u017een\u00e9 cly, mohou uch\u00fdlit k politik\u00e1m \u0161etrn\u00fdm ke kryptom\u011bn\u00e1m, aby se zajistily proti ekonomick\u00e9mu tlaku USA, co\u017e by potenci\u00e1ln\u011b podpo\u0159ilo konkuren\u010dn\u00ed blockchainov\u00e1 centra.<\/span><\/p>\n

Geoekonomicky je spad stejn\u011b siln\u00fd. Trumpova cla by mohla naru\u0161it dodavatelsk\u00e9 \u0159et\u011bzce, zv\u00fd\u0161it n\u00e1klady na elektroniku a utlumit p\u0159ijet\u00ed kryptom\u011bn odrazov\u00e1n\u00edm od investic do digit\u00e1ln\u00edch aktiv. Obchodn\u00ed v\u00e1lka by mohla oslabit dominanci americk\u00e9ho dolaru, co\u017e by vyvolalo spekulace, \u017ee Trump pova\u017euje bitcoin za rezervn\u00ed aktivum, kter\u00e9 m\u00e1 \u010delit volatilit\u011b, i kdy\u017e to riskuje, \u017ee podn\u00edt\u00ed soupe\u0159\u00edc\u00ed zem\u011b k vytvo\u0159en\u00ed konkuren\u010dn\u00edch digit\u00e1ln\u00edch m\u011bn, \u010d\u00edm\u017e se oslab\u00ed finan\u010dn\u00ed vliv USA. To je dal\u0161\u00ed zp\u016fsob, jak by Trumpova politika mohla selhat.<\/span><\/p>\n

Muskova role p\u0159id\u00e1v\u00e1 dal\u0161\u00ed vrstvu slo\u017eitosti. Jeho\u00a0<\/span>ve\u0159ejn\u00e9 spory<\/span><\/a>\u00a0s Trumpov\u00fdmi obchodn\u00edmi poradci,\u00a0<\/span>jako je Peter Navarro<\/span><\/a>\u00a0, odhaluj\u00ed nap\u011bt\u00ed ohledn\u011b ekonomick\u00e9ho dopadu cel. Trumpova koalice byla v\u017edy polarizovan\u00e1, Elon Musk zt\u011bles\u0148oval libertari\u00e1nsk\u00fd extr\u00e9m voln\u00e9ho trhu obdivuj\u00edc\u00ed Milei, zat\u00edmco JD Vance p\u0159edstavuje protekcionistick\u00e9, \u201eprolabouristick\u00e9\u201c k\u0159\u00eddlo, chcete-li. To samoz\u0159ejm\u011b vytv\u00e1\u0159\u00ed nap\u011bt\u00ed uvnit\u0159 trumpistick\u00e9ho pon\u011bkud rozporupln\u00e9ho programu.<\/span><\/p>\n

Musk, jeho\u017e Tesla se spol\u00e9h\u00e1 na glob\u00e1ln\u00ed dodavatelsk\u00e9 \u0159et\u011bzce, varoval, \u017ee protekcionismus by mohl zv\u00fd\u0161it ceny, ani\u017e by zajistil pracovn\u00ed m\u00edsta. Jeho obhajoba kryptom\u011bn se v\u0161ak dostate\u010dn\u011b shoduje s Trumpovou viz\u00ed \u201eamerick\u00e9ho prvenstv\u00ed\u201c, co\u017e nazna\u010duje choulostiv\u00fd akt vyva\u017eov\u00e1n\u00ed: podporovat inovaci blockchainu a z\u00e1rove\u0148 proch\u00e1zet chaosem vyvolan\u00fdm tarify.<\/span><\/p>\n

To nen\u00ed snadn\u00e1 pr\u00e1ce. Krach bitcoinu poukazuje na ekonomickou nejistotu zhor\u0161enou Trumpov\u00fdmi cly, jejich\u017e c\u00edlem je podpo\u0159it americk\u00fd pr\u016fmysl, ale mohou zv\u00fd\u0161it n\u00e1klady na kryptom\u011bny a naru\u0161it obchodn\u00ed vazby. To zase riskuje rozt\u0159\u00ed\u0161t\u011bn\u00fd glob\u00e1ln\u00ed finan\u010dn\u00ed \u0159\u00e1d s nejistou rol\u00ed kryptom\u011bn, proto\u017ee Trumpovo a Muskovo zam\u011b\u0159en\u00ed na digit\u00e1ln\u00ed aktiva \u010del\u00ed v\u00fdzv\u00e1m jejich vlastn\u00ed geopolitick\u00e9 a ekonomick\u00e9 politiky.<\/span><\/p>\n

A kone\u010dn\u011b, bitcoin a dal\u0161\u00ed kryptom\u011bny prok\u00e1zaly extr\u00e9mn\u00ed volatilitu, p\u0159i\u010dem\u017e ned\u00e1vn\u00e9 propady zd\u016fraz\u0148ovaly jejich nestabilitu jako \u010dist\u011b sv\u011b\u0159ensk\u00fdch aktiv (v \u0161ir\u0161\u00edm slova smyslu jsou \u0159\u00edzeny trhem, nejsou v\u00e1z\u00e1ny na rezervy nebo dluhopisy). V reakci na to se suver\u00e9nn\u00ed zem\u011b mohou p\u0159esunout k digit\u00e1ln\u00edm m\u011bn\u00e1m kryt\u00fdm hmotn\u00fdmi aktivy, jako jsou st\u00e1tn\u00ed dluhopisy nebo rezervy, kter\u00e9 v bl\u00edzk\u00e9 budoucnosti nab\u00eddnou v\u011bt\u0161\u00ed stabilitu a d\u016fv\u011bru pro ekonomick\u00e9 syst\u00e9my. Jak jsem\u00a0<\/span>psal<\/span><\/a>\u00a0v roce 2022, i digit\u00e1ln\u00ed m\u011bny by nakonec mohly b\u00fdt d\u00e1le regulov\u00e1ny a nyn\u00ed by bylo vhodn\u00e9 za\u010d\u00edt o tom mluvit.<\/span><\/p>\n

Uriel Araujo, PhD<\/a>, antropologick\u00fd v\u00fdzkumn\u00edk se zam\u011b\u0159en\u00edm na mezin\u00e1rodn\u00ed a etnick\u00e9 konflikty<\/em><\/p>\n

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Bitcoin a dal\u0161\u00ed kryptom\u011bny prok\u00e1zaly extr\u00e9mn\u00ed volatilitu. V reakci na to se suver\u00e9nn\u00ed zem\u011b mohou…<\/p>\n","protected":false},"author":2,"featured_media":76417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[134,1503,133,452],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/76416"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=76416"}],"version-history":[{"count":1,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/76416\/revisions"}],"predecessor-version":[{"id":76418,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/76416\/revisions\/76418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/76417"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=76416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=76416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=76416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}