What will happen if Donald trump and Elon Musk make Bitcoin and Dogecoin a Legal Tender Currency in the USA馃敟馃敟馃敟
If Donald Trump and Elon Musk were to make Bitcoin and Dogecoin legal tender in America, it would likely have far-reaching consequences for the USA economy and beyond.
For starters, Bitcoin's Value Could Skyrocket. With the USA government backing Bitcoin, its value could surge, potentially reaching new heights. In fact, Bitcoin's price has already risen significantly since Trump's election win, rising above $100,000.
Dogecoin's Rise to Prominence. Dogecoin, which has been endorsed by Elon Musk, has seen a remarkable 145% growth since Trump's election win.
Its value could continue to rise if it becomes legal tender.
However, Challenges and Risks Abound. Making cryptocurrencies legal tender would require significant changes to the US financial system. It will also lead to increased market volatility, as cryptocurrencies are known for their price fluctuations. $BTC $DOGE
