Trump Signs Order that allows Cryptocurrencies in 401(k)s
Will it be a boost for Bitcoin?
I don't know why this looks like Zigzag movement to me without ending destination. It's everyday we see different executive orders. He can't do this alone unless he bribe the senators to pass bill to make crypto recognize and as legal tender. This is political movement than the actual movement itself, they are afraid the influence it will have on the market and at the same time they don't want to lose what they've build with the crypto community, they don't want to lose both house, politics is what they are doing here.
Unless we see Bitcoin as legal tender in US, at this point there is nothing new to Bitcoin that we haven't see all this year. It's either they make it legal or they keep whining the market as usual with their propaganda to love Bitcoin but the real truth is they are doing it in their own favor to keep Bitcoin community with them. I just hope that all this executive execution of things doesn't end with this government because if they are out of office, there is no immunity left for Bitcoin unless it's legally recognize before they leave the office.