What is the gain if the US dollars is backed by Bitcoin? Is this even a possibility? This came from Kennedy and also Trump claimed that he will make sure that Central bank digital currency won't become a thing.
What is the advantages and the disadvantages you see here? Ate these people just saying anything that they can think of? Or this is possible? The biggest liars of the century are from the politicians around the world , once they get elected they do something else.
Will Bitcoin become better if any of these become possible?
It seems the president doesn't even know what Bitcoin is, how can the US Dollar back Bitcoin which is a decentralized currency. Their is no meaning in all these, it is just a mere talk trying to gain people's interest and I'm not surprised because this is the nature of politicians. No needs for the president to talk too much, the only impact he can offer to bitcoin is mass adoption of bitcoin if truly he has bitcoin in mind.
One thing I know is that bitcoin will always grow even without Donald trump, bitcoin has gone through difficult times but still it still remains what it is. Donald trump can't make bitcoin better because bitcoin is not fiat or a centralized currency. Trump understands that bitcoin has gained so much users, I think he just trying to get favour from bitcoin users.