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RE: LeoThread 2024-12-07 13:06

in LeoFinance6 days ago

Part 4/7:

The emergence of cryptocurrencies has further complicated this landscape. Following Trump's election victory, the value of cryptocurrencies surged significantly, buoyed by expectations of a more favorable regulatory environment. The fervor surrounding Bitcoin culminated in a milestone as its price hit $100,000, indicating both speculative growth and a substantial influx of money from the crypto sector into political campaigns. This pattern continues, as investors seek to counteract skepticism from Democratic regulators while simultaneously pushing favorable legislation.

The Bitcoin Reserve Bill: An Unequal Transfer of Wealth