Re: All eyes On Trump As Kamal Harris Gives Up On Bitcoin Conference Attendance
And one thing we forgetting is Trump was against Bitcoin when he was in the driving seat, and suddenly he U-turns and wants to be the darling of BTC when we all know he is doing it for the numbers and financial support that comes with it
He can do it because he actually recognized good things of Bitcoin and blockchain technology or he did such supportive words because of the coming election only. We will know if he gets elected as a next President of the United States and what he will actually do in next four years.Speculating that he will do this, will not do that is all pure speculation that can be correct or inaccurate.
Under Biden, inflation in the US rose to a 40-year high, many banks failed, and we saw the collapse of major banks in 2022 as the crisis peaked. Although things are gradually stabilizing with inflation falling to 2.9%, that does not mean they are safe because their economies are at risk of entering a recession if the Fed has policies that are not suitable for the current economy.
https://www.crfb.org/blogs/2022-inflation-hit-41-year-record
They over printed money since Covid-19 and years later, the national economy and citizens are suffering consequences of massive QEs in previous years. The National Debt of the USA skyrockets too.https://www.crfb.org/blogs/2022-inflation-hit-41-year-record
World Debt Clock by nations and the national debt clock of the USA.
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As for cryptocurrencies, they pulled strings for the SEC to suppress the cryptocurrency market and create a series of lawsuits that affected the development of the market...
That's true and SEC. only changed their stance and activities recent months because of pressure from Trump, Republic Party and the coming President Election.