Post
Topic
Board Bitcoin Discussion
Re: Is it possibleTrump Will Prohibit Bitcoin?
by
winterlemon912
on 23/06/2020, 14:13:57 UTC
President Trump's attitude, which tends to be anti-Bitcoin, has raised the discourse that he could forbid the ownership of Bitcoin for citizens of the United States (US) in the future.

This discourse is based on two possibilities, namely Trump's tweet in 2019, that Trump is not a Bitcoin lover and second is a recognition of Trump's similar attitude, as stated in the book by John Bolton, a former White House security adviser.

Responding to the discourse of a possible ban on Bitcoin ownership, many people say the most likely action is an aggressive step by the government in dealing with laundering crimes related to Bitcoin and other crypto assets. Direct banning seems impossible, because Bitcoin is practically outside the structure of the country.
Since it doesn't affect the whole economy of America then trump has no reason to ban it and it can also be the reason of America's financial system improvement because we all know that crypto currency already helped a lot of country and make it a rich country especially on the countries of Europe. Europe already legalize crypto currency in their country that makes them have a better financial system and it is the reason why their countries gets richer than ever.