Here are four reasons why we at Bitcoinist believe the Trump presidency can make Bitcoin even greater in the next four years. Making Bitcoin Even Greater We at Bitcoinist believe the world’s most popular cryptocurrency is already great. Indeed, it has shown that it can weather any political storm. But what about the looming ‘Trumpocalypse’ that some political pundits have predicted? Judging by Trump’s actions and comments thus far: Bitcoin will not only survive, but will also become greater than ever.
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President-elect Donald John Trump seems to have a lengthy to-do list when it comes to “making America Great Again.” This apparently includes meeting with, and potentially hiring many Bitcoin advocates and executives to join him in his administration. Trump Set to Shake Things Up Yesterday, Trump met with two more people aligned with Bitcoin and its supporters for potential positions in Washington. This movement started with Peter Thiel, PayPal co-founder (with Tesla’s Elon Musk), and
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Politics dominates much of the Bitcoin vs. gold debate. Bitcoin enthusiasts often speculate on how the digital currency can undermine the state, fostering individual economic liberty for society at large. On the other hand, Bitcoin skeptics worry about the currency enabling their political enemies to gain a financial advantage. For example, Bitcoin-friendly political candidates can draw in single-interest voters from all demographics — from both the left and right — by taking a strong and
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Considering crypto-currency is a relatively new technology, many are still unfamiliar with it and don’t understand the concept. Consequently, public opinion of Bitcoin is generally viewed with an air of skepticism, from laymen to economists, and met with accusations of being a bubble or a Ponzi scheme. There have even been embellished reports proclaiming “the death of bitcoin” published by various news outlets at different points in time. This kind of criticism has diminished in recent years, as price charts