I know Donald trump becoming the president of US will really make good impact to the bitcoin market. Do you think such like mixers, exchanges , and others related to bitcoin will also benefit in terms of regulation?
Hmm, if Trump returns to the presidency, it could potentially have a positive impact on Bitcoin, given his past criticisms of the existing financial system. Mixers idk about this if will still bring back but for exchanges might see some advantages, but it largely hinges on his administration's stance on cryptocurrency regulations.
I know Donald trump becoming the president of US will really make good impact to the bitcoin market. Do you think such like mixers, exchanges , and others related to bitcoin will also benefit in terms of regulation?
No matter how much a president is a crypto supporter, he will definitely not allow anything that has a negative role. If someone compromises on anonymity, then he will definitely be hindered in managing the country. Terrorist activities including money laundering from anonymity can increase on a large scale all over the country. In recent times, many casino gambling platforms have also made KYC mandatory. And the main reason for this is that no one can remain anonymous. That is why none of us can say now that we can truly conduct gambling anonymously. Of course, governments will never support anonymity. Even though Trump is a Bitcoin fan, he will definitely never allow such a thing.
True. He supports bitcoin but of course those other utilities like mixers is a 50-50 thing, the government are the type people who likes ruining privacy.