Why embracing Bitcoin would be a low-risk, high-reward strategy for Trump
From Time:
Former President Donald Trump has sparked renewed interest in the proposal of a central bank digital currency (CBDC) by passionately opposing the creation of a digital dollar. A CBDC would give the government unprecedented control over consumers’ bank accounts, enabling tracking and manipulation of spending. While this is also a divisive issue in China, Trump is using it to differentiate himself from President Joe Biden and appeal to privacy-minded voters, and Bitcoin enthusiasts. If he fully embraces Bitcoin, Trump could tap into the highly influential and diverse crypto vote, a constituency that has rapidly grown in recent years. This constituency has become a political force to be reckoned with, especially in key battleground states, and could potentially influence the outcome of the 2024 election.
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