You make some interesting parallels. While Bitcoin is not mined from the Earth like oil, it is similarly mined all-around the world and not just in US jurisdictions. If another country tried manipulating Bitcoin to crash or pump-and-dump after the US becomes a major stakeholder it would be interesting to see how the US responds.
Again, I’m not speaking in favor or against Trump, just exploring the facts.
Sure, in regards to Trump, you can criticize that all you want, but it doesn’t detract from cryptocurrencies becoming more legitimate per your own criteria.
Bitcoin is climbing again today because Trump reaffirmed his intention to create a US cryptocurrency reserve. If state currencies have value because they are backed by the military, wouldn’t this give the same source of value to these currencies? I don’t think the US isn’t going to be happy with outside entities messing with the value of their assets.
Yes, it makes for a nice buying opportunity.
I can’t recall ever seeing a single profile pic on Lemmy. Even when clicking on a username, all I see are posts, no profile. I honestly didn’t even know there was a profile to edit. I’m primarily on Voyager.
No downvotes from me; just adding my experience to the conversation.
Those are both great questions. Of course, I can’t predict how all that will shake out. However, to bring it back to my original point, I think either hypothetical will increase the legitimatecy of Bitcoin and other cryptocurrencies.