Recently in the news, Trump is bringing national attention to crypto. That sounds good right? No.
He's talking about how Venezuela is trying to bypass economic regulations with their petro crypto. Now he wants to impose sanctions.
Whenever Trump rallies for or against something, it's usually bad for that subject. His supporters are loyal, but some can be fanatics, they'll go on social media blasting whatever he's talking about.
Now the subject Trump is aiming is crypto. Hopefully people won't care too much, but it's just bad press. If people do care, they'll start blabbing about all the bad rep crypto has, like the exit scams, Pumps and Dumps, and the "loose" regulation. Kinda unfair but that's what we're getting...
Though many hate Trump since many have considered him dumb, but you know Trump is one of the worlds genius and it is just that his line of thinking is different to every one of us. That kind of mentality have caused him to make billions. Trump is not dump but the oppositions have paid the media to destroy his image making him an idiot and stupid in front of everyone.
The idea of a blockchain technology could be use to free America from the control of the Federal Reserve (A private entity controlling the production and Circulation of US Dollars) . Thus if we look carefully blockchain technology is the new version of that Revolution by the WHite House and the United States to free itself and grab its power that was taken by the people in the Federal Reserve.
Trump on the other hand has studied cryptocurrency and we do not know if he in his right mind would take the risk of creating one and free America from the US Dollars and from the control and slavery of the Federal Reserve. I am sure that if he is willing to make such risk will suffer an assasination attempt and more attack from the media.