Trump's election may not necessarily be a good thing for the crypto world!
Trump's past governance philosophy of 'America First, trade protectionism' applies not only to China but also to his allies, enforcing American priority.
If America First and trade protectionism are brought into the crypto world, it would be a disaster!
Now there's talk of appointing a lawyer as the SEC chairman, which gives off an America First vibe! For projects outside the US, exchanges will impose fines, restrictions, and regulations! The cryptocurrency still adheres to the US debt theory; will it end up with Trump turning it into fines, restrictions, and regulations?!
He has also stated that America must dominate cryptocurrency! Does it not taste like the sanctions imposed on us back in the day...
