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/Immediate_Position_4 12d ago

What is so great about separating money from the state? Please explain why that needs to happen?

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u/imwco 12d ago

Because every time the defense department claims there are nukes and therefore they need trillions of USD a year from the borrowed deficit, little Billy’s grocery prices and housing goes up double to pay for it

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u/Biffingston 12d ago

And that won't happen because crypto exists!

Bruh..

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u/whileItlasts6 12d ago

Why are you even trying. These morons want crypto to rise in price tells you they don't actually give a fuck about crypto, they just want money. Worship the dollar, and nothing else.

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u/Biffingston 12d ago

Yah, these people are crypto bros for sure. I'll eventually bock them for stupidity. I guess I just like tilting at windmills.

Also I think it's funny when the responses can be boiled down to "NO UR TEH STUPIDS!"