Since the election of Trump to the new US President yesterday, many questions about Bitcoin arise.
Will he promote Bitcoin and make it a breakthrough? Will he even officially ban Bitcoin? Will he make such a bad economic (and monetary) policy that Bitcoin will be seen as an alternative for many?
What do you think, what will a President Trump mean for Bitcoin?
I don't think Trump will promote bitcoin and thus weaken the dominance of bitcoin and giving Chinese an advantage given their dominance in bitcoin mining.Any recognition by US govrenment to bitcoin will give boost to Chinese bitcoin industry.
Trump will also not dare to ban bitcoin as he knows his such move will only win him more haters and no ban will be effective.
I believe like his predecessor,Trump will also maintain status quo on bitcoin.