Donald Trump's policy is aimed at the growth of bitcoin

Recently, rumors have intensified on the Internet that Donald Trump is buying bitcoins. Since inIn January 2017, he became the 45th president of the United States, a hypothesis was put forward about his ownership of BTC, primarily due to his persistent attempts to devalue the US dollar.

Trump not only did not hide that resolutelyHe supports the Fed's measures to expand the balance sheet, but even several times tried to convince the Central Bank of the United States to resume quantitative easing measures, which for many years have favored the growth of US stock indices.

As a result of the Covid-19 coronavirus epidemic, these measures have been taken one way or another, including making out of nothing a huge amount of dollars to be distributed among the population.

It is worth noting that the previous Fed measures toquantitative easing did not cause dollar inflation and did not lead to a significant increase in consumer prices. Before the collapse in March 2020, the price of many shares rose, they reached historic highs.

This time it will be different because the Fedwill not only inject money into financial markets, but also directly distribute it to citizens. In theory, this should lead to higher prices for consumer goods with a subsequent decrease in the purchasing power of the dollar.

In this regard, Blockstream Chief Strategy Officer Samson Moe ironically asked how much Trump was paid for promoting Bitcoin, since what is happening should be considered promoting BTC.

How much did we pay Trump to advertise #Bitcoin? https://t.co/JPArXTSYW7

- Samson Mow (@Excellion) March 28, 2020

Meanwhile, Donald Trump said that not onlyhas bitcoins, but also opposes cryptocurrency. He wants to ban it when the BTC price reaches $ 100,000, but here you should not forget that many of his tweets to a greater extent set the task of shocking.

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