Is Bitcoin Responsible For the Emergence of Trump?
The presidential elections in the United States are here and we will know who will be the next president in a couple of days. The rise of Donald Trump has been a phenomenon of sorts. Trump, the Republican Party candidate, is far from your mainstream politician. He is brash, controversial and some might even say crude. There is no denying though that he has ridden a wave of populism. Trump, a billionaire and reality television personality, famous for his show The Apprentice, is considered a favourite candidate of the little people. He has been described as the ‘Penthouse Populist’ by USA....
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The once-flying Trump meme coin has crashed, costing investors billions of dollars. The so-called “Official Trump” coin, which once shot up to $75 per token, is currently only worth $16.00. According to grapevines, US President Donald Trump and his friends got away with a fortune, while regular traders suffered a severe blow. Related Reading: Trump […]
Former US President Donald Trump claims that he dislikes bitcoin because it is a competitor to the dollar, which he wants to be the world’s currency and urged US regulators to take action to monitor it. Trump Thinks Bitcoin Is A Scam Trump was asked about his opinion on cryptocurrency and the US stock market […]
– he failed to demonstrate his understanding of the Internet and contemporary, borderless commerce. If it’s not remittances, immigrants in the US will figure out a way to send their money home if they want to do so. For now, it’s not going to be Bitcoin. But, if Trump does block remittances, you better believe that sooner than later increasing numbers of remitters will look into this blockchain technology. Knowing crypto-currency enthusiasts, they’ll likely troll Trump with Wallcoin. Or “Wall: The Blockchain Solution That Knows No Walls.” There’s already “Trumpcoin.” Trump wants to use a....
According to reports, the Trump Organization—the holding company of former US President Donald Trump’s business ventures—would be moving on to present a new cryptocurrency initiative. In an interview, Eric Trump, the son of the ex-president and executive vice president of the organization, revealed that the new venture would deal with “digital real estate” and one […]
Financial Innovation Now (FIN) has called on President-elect Donald Trump to embrace FinTech to improve financial services for consumers and small businesses. Notably FIN, a tech coalition that includes Apple, Google, PayPal, Intuit, and Amazon, is urging Trump to appoint a Treasury Undersecretary who will be responsible for developing a national vision and coordinated strategy to ensure America wins the FinTech race. In its letter [PDF] to Trump, FIN states that the appointment of a Treasury Undersecretary would ‘work across all federal financial regulators to foster competition and....