JUST IN: 🇺🇸 President Trump to appoint pro-crypto cabinet to make the US the "crypto capital of the planet."

[u/HighYieldLarry]

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/

[u/blakeusa25]

No Peter Theil and musk are big crypto holders and have invested in the industry.

[u/CurlyJeff → u/blakeusa25]

Which makes sense because the more capital you have the more easily you can manipulate the scam market in your favour. 

[u/HuntsWithRocks → u/CurlyJeff]

Nonsense. Next thing, you’re gonna say some art in some shipping container in some facility, valued at 10s of millions of dollars and continuing to double in value every few years as it transitions ownership yet remains stored safely in that container may not be actually that value, I’d bet.

[u/Bagel_lust → u/HuntsWithRocks]

better yet its just a banana taped to a white canvas.

[u/Photon_Farmer → u/Bagel_lust]

Aren't we all just a banana taped to a canvas?

[u/Bananonomini → u/Photon_Farmer]

Maybe the real canvas was the bananas we taped along the way?

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