Is Bitcoin in trouble or under new regulate now that Trump will be President...I have heard that there is some new crypto that he and Elon
are trying to push. I must admit that bitcoin value did rise once Trump won the election. Can anyone provide some clarification?
To be fair, the recent surge in bitcoin and the entire market is due to the market placing faith in Trump's campaign promises. But Trump hasn't officially become president yet and we don't know what his true attitude toward the industry is, so it's hard to say anything at this point. The only thing we can do is enjoy what is happening and hope that after taking office, President Trump will actually open up to the crypto industry as he promised.
Don't speculate too much because there is nothing we can do if he breaks his promise, just think simple and remember that politicians are not trustworthy and we should not put too much trust in them.
Trump is first and foremost a businessman, then a politician, and only then - someone who may do something good to BTC. And it would be done in his own image and the image of the US, not for the good of crypto or BTC at all - we just need to listen and look carefully at the situation currently.