Crypto execs funneled millions in donations to swing this election, and now their man is in charge. Here’s how Donald Trump’s “crypto cabinet” could shape the next four years.
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Crypto is like Trump. Shiny, with lots of glitter, but ultimately there is no there, there. Like Trump, it's the financial equivalent of an empty suit. Caveat emptor!
This is the Biden warning the other night over the Tech/Government complex. Trump stands to get far wealthier by pushing crypto, using government funds to goose the market for it. These are tax dollars spent on a speculation, a form of NFT. It is untested in a crisis to hold up, and more a bubble.
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Crypto will be the store value in the future.
It will because it has a much clearer use case versus gold.
It’ll just take a long time to get there. I think right now gold has almost 10 times the market cap in trillions of dollars.