Do you agree: Trump as the Savior of Bitcoin?

[Suba]

Many crypto enthusiasts were happy when Trump was inaugurated as the US president and the crypto market sentiment became positive, but Trump's journey in the crypto world will not be as smooth as we thought and like in the United States the Strategic Reserve will never be realized without the approval of Congress, even Bitcoin users are increasingly worried about the loss of Bitcoin privacy with increasingly strict AML and KYC regulations and possibly increasing surveillance of Bitcoin miners which may involve Washington DC.

 

[Fidelia]

He has the numbers in congress to let the strategic bitcoin reserve scale through. I would call him savior if crypto because he had taken bold steps in support of crypto.

 

[Starmix]

President Trump promised the people to save cryoto and that he would make it boosts more. I do not have a doubt that he could do it considering his position as a supreme head.

 

[King Belieal]

Trump would not persecute the crypto world like it was persecuted during Biden's regime. The crypto world can bank on that.

 

[Min George]

What I know is that crypto would fare well with Trump since he is also a big player in the industry.

 

[Augusta]

I believe in the record-of high surge of cryptocurrencies due to expectation that Trump administration will be crypto-friendly

 

[Alberello75]

So, from what I can tell, due to the customs duties imposed by Donald Trump himself on imports and exports to the United States, Bitcoin it would have been at risk of losing value. By chance, after reading this news, I saw the Bitcoin chart and noticed that in the first three days of February effectively Bitcoin had really dropped in value by as much as $12,000.​

 

[Starmix]

Bitcoins were introduced to the world years ago before the time of Trump in politics however this time. Bitcoin is adjudged as topnotch being backed by US President Trump and billionaires too buy skyrocket.

 

[Alberello75]

However, this will certainly have nothing to do with Donald Trump, but it is a fact that here in Italy, since the beginning of this year, transaction fees for cryptocurrencies have also been introduced for exchanges under €2000. Before then, any sum under that amount was exempt from any taxation.​