Donald Trump Presidency Can Trigger ‘Global Hash War’ With BTC Reserves, Says Bitcoin Maxi

Quick Summary:

Amid the massive Bitcoin support extended by former President Donald Trump, there have been talks in Satoshi Street about the chances of making Bitcoin a reserve asset under Trump’s Presidency.

It also has the lion’s share in the Bitcoin hash rate, boasts the most network nodes, and also the Bitcoin mindshare of any country in the world.

Similarly, Independent candidate Robert F.Kennedy, Jr.suggested backing US Treasury bills with assets like gold, silver, platinum, or bitcoin to curb inflation.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaChinaUnited States

Topics: 24/7 Cryptocurrency News Bitcoin hashrate Bitcoin reserves Donald Trump Crypto Donald Trump Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 05:52:36 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 469 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21478474

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 9 hours ago

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