1. No central authority: Cryptocurrencies or blockchain technology are decentralized, and government authorities and banks cannot monitor transactions due to their structure, so no government, even Trump, will allow people to use this type of system everywhere, which is contrary to the government-based banking system.
2. No Banks: Banks are the most powerful mafia in the world that makes money by holding people’s money, investing the money, printing money, and even charging transaction fees and ATM card fees. Banks are money making machines for the government and businessmen, so they will not legalize blockchain that can hit the banking system hard.
3. New Currencies: If they legalize cryptocurrencies, everyone will create new altcoins and use them for payment, and that will start a new kind of problem. For example, New York will have its own currency, Texas will have its own currency, Moscow will have its own altcoin, London will have its own currency, and without any central authority, it will be a big mess.
So don't trust the government propaganda that crypto will be legalized, it won't happen. Take a screenshot of my post. So don't invest in crypto randomly, eat some fresh food, spend some time in the park, watch a movie, enjoy life. Stay awake, stay safe
Trump Won’t Regulate Cryptocurrencies, Take a Screenshot of My Post. Now I’ll Give You Reasons Why The Trump Administration Won’t Regulate Cryptocurrencies