The Trump effect on BTC that we have experienced so far, what will be the effect of he is out of the presidential seat?
I'll be glad to hear your thoughts on this.
Trump effect has really played an important role in bitcoin adoption of recent and I see it as a very positive move for bitcoin adoption in the states. Trump has really done well with this move and it will go a long way for bitcoin. Depending on how Trump hold its ground and let it been able to build a very big and remarkable alternate financial system in the country, that’s how we will see bitcoin going to stay long in that country even after Trump leave his presidential seat. Some laws can be set in place to make bitcoin not be scrapped or have any issues in the future even after Trump’s regime is over.
Speaking about laws, there is no law that is set on stones bud as long as government is concerned.
A government can enact a law and have it passed through the senate and law makers of the country, such law can only remain in place and effective if after the government that enacted it has passed, the incoming government decide to keep and still work with the same law.
This is to say that Trump and enact crypto laws that will ensure that bitcoin becomes an intergral part of the financial system of the United States of America, such law will operate effectively while Trump is in office, but if by any reason, Trump's government passes and the incoming government is not a fan of crypto, they can decide to amend/change the law.
So in essence, lets all hope that after trumps government is over, the incoming government will still be people who love crypto and would only want to improve that which Trump has started to make it even more better.