Post
Topic
Board Politics & Society
Re: Trump's promise to dump federal regulations
by
Hispo
on 31/07/2024, 00:30:42 UTC
Now that alledgedly Donald Trump has talked wonders about Bitcoin and he is alledgedly planning to make the United States to be a super power of Bitcoin and also hold Bitcoin as reserve, makes me wonder how tough he would actually be in terms of crypto regulation.
It is a thing to be pro Bitcoin and believing there is a true value in decentralization, however, it is a completely different one to lax cryptocurrency regulations allowing scams and con artists to get into the market easier, messing with others money in order for them to profit. Keeping in mind how Trump is a business person who will try to capitalize Bitcoin for his own advantage, I don't think he will go much beyond accepting BTC for donations and keeping BTC ETFs in the market. If he manages to get into the presidency, he will have many other things to worry about which are unrelated to Bitcoin and crypto...