Pres. Donald Trump's Inauguration is the ultimate catalyst for massive crypto adoption by gangs of nations
It is stunning to realize that the head of USA is pro crypto because it will mean that other nations will be also pro-crypto or basically pro-Bitcoin for that matter because of the plan for the USA's strategic Bitcoin reserve fund which aim to at least nudge the US government's debt and I do hope that it will work-out even though USA solely relies on "debt power" in order for its overall system to essentially "have a life".
It is because USA is like the bully of bullies when it comes to getting money for its purposes as easy as printing money and then using the money for its operations where the interest of the borrowed money is paid by borrowing more money. It is a Ponzi Scheme made legal by the most powerful country in the world in tandem with the FED which is the most powerful group of Monster banks and actually rules over our financial system. Their Ponzi scheme is what makes our lives harder because the value that we produce when we get paid from our hard work if we are a salary man/woman get devalued because the money that we receive is just affected by inflation.
So it is a great thing that Mr. Trump is seeing that Bitcoin is the best instrument for the job of maybe reducing USA government's debt because of BTC's fundamentals of being so scarce especially now if other nation states would also employ their own Bitcoin reserve funds, then the "grand FOMO" might soon work on USA's debt crisis and a problem so bad that every USA administration just "kicks the can down the road" again and again otherwise they will either get "unalived" or they do not have the power or means to do it.
I am not yet seeing that BTC can pay the US debt anytime soon because the "monster of a debt" is so large and it will take so much time in my opinion for USA to pay it because not all countries are rich where even if they print their own currencies to buy BTC, it might hurt them more than they save their country considering that not all leader too of the world's countries are in full control of their domain.
However, I am more than happy that USA is leading the crypto revolution and even USA has the most crypto users too compared to citizens of other countries. But since the US SEC will not anymore be a problem for crypto adoption, "regulation", innovation, technology, etc., then we can experience growth in the crypto industry worldwide. This will benefit a lot of people because cryptocurrency has a lot to offer with its wide-array of utilities like Ripple's aim to make a cheap cross-border financial transaction which is in the works already.
Then other functions of cryptos basically helps us in our lives like for example if we use or maybe invest in blockchain social media, we can have what we can share appreciated by other people who uses such platform. We can also earn by "Staking" cryptos which is a great form of passive income that we can almost rely on to augment our income by not doing anything much although most of it just needs capital and or hard work to work for our interests.
I do believe that the great catalyst for mass crypto adoption is here now and what we will witness for the next weeks, months, and years, (if we are still alive even next week) is something like a dream come true, well if things fall into their right places. The future of crypto remains uncertain but only how better it gets from now and I guess that the only negative events that will affect BTC from now on with the rest of cryptos are life-ending if not population-reducing catastrophes like a gulf of Mexico-sized Asteroid hitting earth or Putin decided to hit the red button. While it is not happening yet, we can just be happy about these developments in the crypto space and enjoy the wild ride to the moon...aaaand back.
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ᴀʟʟ ᴛʜᴇ ɪᴍᴀɢᴇs ᴀʙᴏᴠᴇ ᴀʀᴇ ᴄᴀᴘᴛᴜʀᴇᴅ ᴀɴᴅ ᴏᴡɴᴇᴅ ʙʏ @cryptopie 𝘶𝘯𝘭𝘦𝘴𝘴 𝘰𝘵𝘩𝘦𝘳𝘸𝘪𝘴𝘦 𝘪𝘯𝘥𝘪𝘤𝘢𝘵𝘦𝘥
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You truly believe that Trump is in charge and no one pulls his strings? I doubt that crypto will be accepted. Within the EU the rules are only getting stricter. They always followed whatever was said, no matter what the people voted for only now it's the opposite. If you ask me everything is one big play and he's just a puppet, If no longer needed he will be removed or... He isn't the first president in the world who suddenly disappeared from the scene.
New phone right?
Hi Miss @wakeupkitty I cannot think of somebody that is "great" enough that can support crypto except the current famous and powerful leader in this world which is the president of America regardless on who sits in the office.
Considering that Mr. Trump says that he will make a Bitcoin reserve fund is what we all want to happen because it will add more value to Bitcoin and that has a great impact to any cryptocurrency including of course STEEM, so in a way we can benefit from the "favor" that we will all going to receive from this administration of Pres. Trump.
The impact is huge for the crypto businesses too as they will not have to worry about dodging bullets from a supposedly more friendly US SEC. The approvals of ETFs and or ETPS not only for BTC but to other cryptos like XRP, Solana, etc., will also benefit their investors because "big money" will not be scared anymore for investing in cryptos, much less for Bitcoin which in my opinion will just go rolling up in value because again, the demand just keeps on getting higher for the reason that nation states will go and make their own BTC reserve funds not to mention crypto businesses that would probably grow within other nations.
Anyway, I am aware on how EU is being so strict about cryptos but maybe in the near future they will also be much loose about their own regulations if the would see that cryptos will be embraced like a long-lost sibling that you only saw once because he/she is just your half-sibling because your father got teased by his friends about having relations with another woman although you were like strangers at that point with your half-sibling because of your stupid father that didn't at least took-in your half sibling when you were both younger or at least let your half sibling visit you occasionally.
Well I guess you got my point which is it will come to a point that EU will just go "with the flow" for adopting cryptos much freely as it is being already lead by USA and personally it is like a dream come true for me that this event happened for the reason that the value of what I have will grow and who will not be so happy about it?
Thank you for your attention Miss @wakeupkitty🌹🌹🌹
😀👍
You know how to describe things! 😀 Thanks for the good laugh.
The only reason Trump will embrace bitcoin is because there's nothing else. The petrodollar is no longer wanted and they don't have gold because of a former president who found a trick to delay the fact that the country is bankrupt. But hey, there's Tron since Justin Sun want to join in (kind of strange if you consider who the US sees as there enemy).
If it comes to Europe the only thing the EU government wants is to restrict spending and decide where you spent it on (Bill's chemical food only or the bugs Schwab loves to eat for breakfast, lunch and dinner - no grasshopper covered by chocolate I guess). Once the digital Euro is a fact they can put those restriction on what to buy it for. The manual how it all should work is ready and announced by WEF and some others (if you don't spend your digi-euro you are not allowed to save it and they take it away).
With bitcoin for the plebs there's no way they can check on how you spend it and that's what they are working at right now and every move is registered by the National bank/taxes/government.
If the near future isn't fast I might not be alive any longer. How long are we into Steem? I read a few who gave up on the whole idea and mainly because they live in the wrong country.
Perhaps I should emigrate?
Let's see how long Trump will stay this time.
A happy day to you, it's great to read your enthusiasm and I hope you and your camera are both good.
Upvoted! Thank you for supporting witness @jswit.
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