Post
Topic
Board Bitcoin Discussion
Re: Maybe Trump will bring Bitcoin into a new age
by
alastantiger
on 15/11/2024, 22:41:35 UTC
     If Trump fulfills his previous promise to establish a national reserve of Bitcoin and deregulate, perhaps Bitcoin will enter a new age.
     1. The United States' purchase of Bitcoin as a reserve will drive up the price of Bitcoin, while also driving other countries and large companies and financial institutions to buy Bitcoin, further pushing up the price.

I don't want the US manipulating the price of Bitcoin, I don't want the government having anything to do with Bitcoin. When US start purchasing Bitcoin, it'll bring other countries in and it might take out the retail investors from the control market because we wouldn't be able to afford the quantity the US government and others are buying. President Donald Trump has good intentions for Bitcoin but he shouldn't overdo things before it gets out of hand. He should be mindful of the people he's surroundings himself with because this people mightn't means well for things that they're telling him but after making profit for their own interest. Everyone is being very optimistic about president Donald Trump adminstrative and I hope it lives up to the expectations because anything different is going to be bad for the markets and bring doubts for the next politician in support of Bitcoin.