Hilary vs Trump : Who is better for Crypto-currencies?
The popular view, judging from informal chats with friends and the overwhelming signal on my social media feeds, seems to be that Trump would be the more unpredictable, more erratic, more clueless President and therefore far likelier to implement knee-jerk responses to deep-seated structural, economic issues without due consultation resulting in greater socio-economic volatility. The popular view is that this would make a Trump Presidency a boost for BTC and Cryptos.
I am inclined to take a more nuanced view here. While a Trump Presidency may boost BTC price in the short-term for the concerns aforementioned, the reality is that a HRH Presidency would be 4 more years of business as usual. HRH is a dream outcome for Wall Street, essentially very same the set of Ponzi Fiat scamsters who got us into the merde in the first place. Arguably, 4 more years of business as usual makes ultra-challenging global and US domestic fiscal and macro-economic issues even more intractable, thereby setting the crypto asset ecosystem up for a massive, sustainable up-move a few years down the road (perhaps around the time of BTC's next halvening). Such a move may well "trump" the expected gains from a Trump Presidency !
What do you guys think?
I agree, Clinton will be maintain continuity - more of the same. I have no idea what Trump would do. About anything.
Indeed. And continuity of a broken system is toxic.
Hillary Clinton.