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Topic: Trump tweet / Libra issues / Shortsighted opinions - page 2. (Read 285 times)

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
As we already know, Trump tweeted that he does not like Bitcoin and this was triggered by the threat that Libra pose for the US Dollar. I personally think his opinion is shortsighted and he is going to throw the baby out with the bath water, when he puts a blanket ban or strict regulations on Bitcoin.

He says his campaign is focused on putting America first, but he wants to restrict a technology that brings new innovation and new job opportunities to his country. He is also ignoring the advantages of having a new source of international capital flowing into the USA from Bitcoin tourism and also people buying goods via the internet and paying with Bitcoin at local online merchants.

Bitcoin as an investment opportunity has also created a lot of wealth for a lot of people since 2009, because the price of Bitcoin generated massive profits for the clever investor.

Bitcoin has advantages and disadvantages and simply ignoring the advantages would be a huge mistake. Let's show the Trump administration what the advantages of this technology is, before they make that mistake.  Roll Eyes 


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