I have sometimes been called "alarmist" in these forums because I have made predictions about what Trump would do if he wins the presidency. I predicted that Trump would introduce a competitor of Bitcoin, and then use his control of the US government to prop up his platform and pass laws to denigrate existing crypto platforms like Bitcoin.
Well, it looks like my first prediction is about to come true.
Your predictions have not materialized because Trump has not won the elections, and the announcement by Trump Jr. might just be another political stunt. I know that America has a vibrant Congress and Courts. Or are you seeing your country now operates an authoritarian system where the president has absolute powers to make laws without limits?
Trump already has built-in excuses to come after Bitcoin: he promises to criminalize abortion in the USA, which will require the largest police state created in the USA since the Prohibition in the 1920s (which is how the FBI was invented, for instance). Since Bitcoin and other cryptos can be used to pay for illegal abortions, it will make sense that Americans should be forced to use his "trusted" platform instead of "untrusted" ones like Bitcoin. (And if that excuse doesn't work, they could think of a dozen more).
Do you mean that Trump will introduce his cryptocurrency just because he wants to enforce his anti-abortion laws? That's ridiculous. Americans already know how to bypass such laws. Many of them will simply move to Mexico where they will even get cheaper and private abortions. Trump will end up flooding the US with illegal abortion drugs if he goes to this extent in his bid to control abortion.