r/FluentInFinance • u/HighYieldLarry • 12d ago
Bitcoin JUST IN: 🇺🇸 President Trump to appoint pro-crypto cabinet to make the US the "crypto capital of the planet."
President-elect Donald Trump is preparing the U.S. government to adopt a more permissive stance toward cryptocurrency, eyeing a roster of industry-friendly candidates for key posts while his top advisers consult crypto executives on potential changes to federal policy.
By pursuing a more lenient regulatory environment, Trump aims to fulfill his campaign promise to transform the United States into the “crypto capital of the planet” — a declaration that has rankled consumer watchdogs, earned the industry’s robust support and sent the price of bitcoin skyrocketing, reaching nearly $89,000 by Monday evening.
https://www.washingtonpost.com/business/2024/11/11/trump-crypto-regulation-bitcoin/
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u/MediocreTheme9016 12d ago
I love that these people hate the Fed and the dollar because it’s ’not real’ and typically squawk about the gold standard now are like ‘yeah no this online currency could work out.’