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    Author Topic: Trump will compete directly with Bitcoin  (Read 2531 times)
    legiteum (OP)
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    September 17, 2024, 03:00:57 PM
    Merited by JayJuanGee (1)
     #1

    It would appear that there is now about a 50/50 chance right now that the next President of the United States will be promoting a product that will compete directly with Bitcoin. Trump's history of self-dealing is well documented, and his second presidency promises to be completely unconstrained by US law since voters would be consciously choosing a convicted criminal who has evaded prison only because of his voters.

    This has huge, huge implications for the future of Bitcoin.

    As president, Trump will have complete control of the US government in a way that no other US president has (which is exactly what his voters want). Even without Congress, Trump could direct agencies like the DOJ, SEC, and others to effectively make Bitcoin illegal in the USA in order to pump up his own coin, which of course won't have the "problems" that Bitcoin and other cryptos will have be said to have.

    Trump could make himself the world's first trillionaire by doing this, and the anybody who knows Trump knows that the only thing he has ever cared about is making more money for himself.

    Could Trump "kill" Bitcoin? No. Could he cause the price of Bitcoin to retreat by 90%? He could do it in a single late-night tweet.

    If Trump wins, folks, you might want to... diversify your investment holdings. Just saying... Smiley

    https://x.com/WalkerAmerica/status/1835865372408361210


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