Trump seems to be a big crypto fan. I think it got him some votes and contributions and he had a natural dislike for regulations which the current administration used to really constrain crypto.
His win has brought a 40% rise in a month on bitcoin.
But he threatened the BRICS countries (the numbers of countries joining is growing) if they quit using the dollar he would prevent them from using our market.
What happens if countries decide to use crypto as their currency? Sell their products based on crypto . Now it's way too volatile right now, but if became a medium of exchange most of the world accepted, much of that volatility woukd smopth out ..albeit at much higher valuation for bitcoin.
His win has brought a 40% rise in a month on bitcoin.
But he threatened the BRICS countries (the numbers of countries joining is growing) if they quit using the dollar he would prevent them from using our market.
What happens if countries decide to use crypto as their currency? Sell their products based on crypto . Now it's way too volatile right now, but if became a medium of exchange most of the world accepted, much of that volatility woukd smopth out ..albeit at much higher valuation for bitcoin.
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