Re: [UPDATED] Donald Trump's stance on Bitcoin is changing, the Trump pump is real!
Trump has taken Bitcoin far. His close team and family are heavily involved with the crypto industry, they are going to be worth more if regulation does not have hold them back. If he does the opposite people around him will have less crypto worth, naturally he would protect their assets.
Bitcoin would be good with or without him, anyway.Trump’s “support” is the worst thing that could happen to Bitcoin.
From a psychological point of view, Trump is the textbook definition of a pseudo-personality — whatever he promises, the opposite usually happens:
From a psychological point of view, Trump is the textbook definition of a pseudo-personality — whatever he promises, the opposite usually happens:
He just utilizes what he can in his display
You might be correct, however, you also cannot argue that he has shown everyone that he is very much a procrypto president who has supported and helped the implementation of of laws and regulatory clarity for the cryptospace.
He also appears to have an agenda to help bitcoin pump hehehehehe. The Trump pump is real!
U.S. President Donald Trump has signed an executive order to allow crypto investments in 401(k) retirement plans, opening the gates for millions of dollars to flow into the asset class.
The order, which also allows for private equity investments, is poised to dramatically widen the scope of what retirement plan providers can direct funds to. This in turn could help crypto prices while further integrating digital assets with the broader financial system.
Read in full https://finance.yahoo.com/news/donald-trump-signs-order-letting-210635448.html