Potential impact of Trump re-election on crypto

This is pure speculation of what I think will happen if Trump were to get re-elected as President of The United States of America in 2024. But let's first take a look in the years between 2017 and 2021 and what he did for crypto.

1. Regulatory focus: SEC and CFTC continued their efforts to regulate the crypto industry.

2. Tax reform impact: eliminating tax deferral for crypto-to-crypto trades.

3. Skepticism towards crypto:

https://preview.redd.it/nia15b4szr0b1.png?778&format=png&auto=webp&s=0fcbd39fe9659ebf988b66223aac75e3c7fe4d27

While he is skeptical towards crypto, he has also stated that he acknowledged the value of blockchain technology and the potential impact on some industries.

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What I think will happen if Trump were to be re-elected in the years 2024 - 2028.

In my opinion, a potential re-election of Donald Trump could have a positive impact on the entire market, including the cryptocurrency market. His efforts to establish clearer guidelines and increase institutional involvement could enhance user-friendliness for companies, encouraging them to leverage the significant advantages offered by blockchain technology. This could broader adoption and utilization of cryptocurrencies.

I'm excited to see how the future unfolds for cryptocurrency and its potential to become mainstream. However, I also hold some skepticism regarding the impact of the United States on the crypto market due to their past track record with it.