I missed some of Trumps Bitcoin speech but from the part I did see he isnt pushing Bitcoin so much as protecting those who use it and, as its not going away, he will make sure America is the leader. He gave no indications that Bitcoin is part of the plan and in fact put a special emphasis on stable coin.
I do believe that crypto will have a role to play in any future money but it wont be Bitcoin. Itll be some blockchain technology tied to metals with a very limited ability for speculation and manipulation of markets. You wont see it going from a dollar a coin to 50,000 dollars. That runs counter to some of the reasons for ending the Fed.
But Bitcoin itself can continue to be a speculative investment and Trump will make sure we are leading the world.
I missed some of Trumps Bitcoin speech but from the part I did see he isnt pushing Bitcoin so much as protecting those who use it and, as its not going away, he will make sure America is the leader. He gave no indications that Bitcoin is part of the plan and in fact put a special emphasis on stable coin.
I do believe that crypto will have a role to play in any future money but it wont be Bitcoin. Itll be some blockchain technology tied to metals with a very limited ability for speculation and manipulation of markets. You wont see it going from a dollar a coin to 50,000 dollars. That runs counter to some of the reasons for ending the Fed.
But Bitcoin itself can continue to be a speculative investment and Trump will make sure we are leading the world.