Politics vs Crypto
Politics vs Crypto
It seems as a lot of people think that as soon as new u.s administration takes office crypto regulations will be implemented and crypto will surge. But if we take a look at political agenda, it seems very unlikely “crypto regulations” will be number one priority when you got other issues like war, healthcare and international affairs going on. Don’t get me wrong I would love for that surge to happen however politicians are well known to make promises that never happen. Crypto in the long run definitely is the option to solve many problems in regards to currency and banking system but it just seems like much of a hype over something a political figure said before even taking office. For me seems like a time to wait and see if there isn’t a bubble here going on. Any thoughts?
Crypto is set to surge regardless due to the four-year halving cycle. But Trump’s sons are all big on crypto and Bitcoin. They know the drawbacks and problems of fiat currency and know this is the future of sound money. The biggest political contributors this election were the crypto industry — by far. They have mass amounts of money and are aggressively lobbying governments to adopt pro-crypto regulations and positions.