Trump will
raise taxes on every American if he is elected:
TPC: Trump Tariffs Would Raise Household Taxes And Slow ImportsHigh taxes and trade wars are
bad for Bitcoin.
Trump's plan to
make abortion illegal in the USA will cause the US to create a new
police state that will crack down on things like crypto, because millions of women in the US have abortions every year, and stopping them will be an effort similar--but much larger--than the old "war on drugs" that expanding the US police state immensely.
Police states are
bad for Bitcoin.
Trump will deport 11 million people from the USA the minute he gets into office which will
severely disrupt the US economy, and require, once again, a
massive new police state the likes of which the US has never seen. To deport this many people, Trump will need to hire
hundreds of thousand of new police across the USA, and he will severely weaken major US industries like construction, entertainment and hospitality, causing trillions of dollars in lost business.
Massive economic disruption is
bad for Bitcoin.
Trump is now getting into the crypto business
himself personally. In his first term he ordered the federal government to select his own businesses to patronize over less expensive options in order to funnel millions to himself. By taking over the crypto business in the US, Trump has figured out how to turn those
millions into
billions. As president he could
very easily effectively outlaw Bitcoin and favor his own currency instead. Nobody in the crypto business would be safe from Trump if he is elected: if you make money, his business is going to want to take it, and he will have the US government on his side.
The US president corruptly taking over the crypto business for himself personally is
bad for Bitcoin.
Bitcoin went up 500% under president Biden. The ETFs were approved under president Biden. There is no reason to make massive changes to the US economy and lifestyle, which is what Trump proposes.