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Topic: What effect did the Trump's (unexpected) victory on BTC? - page 2. (Read 1047 times)

legendary
Activity: 2688
Merit: 1192
Will the american pools will satisfy Trump or will he order a new digital currency controlled by USA goverment directly.If he does decide to the so, can USA centered new currency take the place of decentralized BTC?

I don't think you're right that you can just force a new digital currency through - Bitcoin has arguably succeeded because it is decentralised and separate from government interference. Trump might introduce new regulations around digital currencies but I doubt that will happen for a couple years and will be more targeted towards generating tax revenue. The only reason mining moved over to China is because they actively supported it as a revenue stream and utilised cheap power sources like hydro electric dams. Bitcoin might be high right now, but gold has held it's value for a much longer time historically.
sr. member
Activity: 331
Merit: 250
The new economical attitude of the new president and  interest rate will affect the number of people who will invest in BTC this year.

Well, for a long time the gold was accepted as the safe heaven during chaotic times.However, the gold is losing its place to BTC.This is mainly the easiness of transfer and keeping.Everything seems positive for BTC in near future however have we missed the big picture?What if there is a problem between USA and China?Well, new American origined pools will appear suddenly, so 'the force awakens'.Will the american pools will satisfy Trump or will he order a new digital currency controlled by USA goverment directly.If he does decide to the so, can USA centered new currency take the place of decentralized BTC?
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