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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