Will Trump and Bitcoin be Good Partners
The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. Donald Trump is definitely one of the most controversial and polarizing figures of our times. So much so, that his win in the elections had led to an air of uncertainty in the world economy causing it to stumble as a result. The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. January 20th 2017, marked the day of Donald J. Trump’s inauguration as the 45th president of the United States of....
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As the Trump era dawns on the world, there are mixed feelings. On the one hand, there is the promise of a new age of politics brought on stage by a man that won the elections as an outsider. On the other hand, the anxieties stemming from the sheer unpredictability of the man. Yet there is one widely imagined benefit that Trump may have - He is good for Bitcoin. Make Bitcoin Great Again. Bobby Lee, CEO of BTCC is certainly upbeat about Donald Trump assuming the presidency. In a tweet, he says “Together, we can make #bitcoin great again”. Lee has been positive on Bitcoin prices for 2017 and....
What would the impact be of a Trump or Clinton presidency on digital currencies? Politics, banking, and money are all related. Major changes in a country’s governance will have huge implications for monetary policy. Trump. Trump is the King of Debt. He is no stranger to bankruptcy and financial leverage. His presidency would put America First, jeopardizing trade deals. He is attempting to pitch himself as a 21st century Franklin Delano Roosevelt. Roosevelt is famous for the New Deal, which involved massive infrastructure spending. While FDR is credited by many for lifting America out of....
U.S. President-elect Donald Trump has pledged to declare China a currency manipulator on day one of his presidency. During his campaign, he also repeatedly pledged to impose a 45% tariff on Chinese goods. His promises risk creating a trade war between the U.S. and China which could weaken the yuan and accelerate Chinese capital outflows. When the yuan....
This week on Bitcoin Uncensored, Chris and Junseth provide the most accurate and reliable analysis of the 2016 US presidential election. Based on what we heard, Junseth probably rigged the election so Trump could pump his bitcoin investments. Junseth Gets on the Trump Train. At this point in the week, the election has been beaten to death, but the Bitcoin Uncensored guys give the cryptocurrency community a fresh perspective on the race, discussing which candidates would be most beneficial to Bitcoin’s growth and development. “I made all the Bitcoin votes,” Junseth said. “Donald Trump I....
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 […]