Viktoria (life-change)

Crypto is ‘Ideal Policy Area’ for Donald Trump’s VP Pick J.D. Vance to Take the Lead On Industry experts and commenters seem to agree that J.D. Vance, the US Vice President pick made by the former President and current Presidential hopeful, Donald Trump, is good news—at least for crypto, at least for now. Donald Trump, who was recently found guilty of 34 counts in a Manhattan court, is back on the campaign trail for the 2024 US elections. This week, the presumptive GOP nominee chose a Trump-critic-turned-Trump-supporter, Ohio Senator J.D. Vance, as his running mate. As was the case with Trump himself, the crypto space has now turned its attention to the VP hopeful and his possible impact on the industry. According to Dylan Bane, Enterprise research analyst at blockchain analytics and research firm Messari, “while much is still uncertain in this unprecedented election, Vance seems to bode well for the crypto industry.”

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Owing to its proof-of-work (PoW) consensus mechanism, Bitcoin is dual-natured. It is a digital asset anchored into the physical reality of energy and hardware. This underlying foundation gives Bitcoin its value as a decentralized counter to central banking.

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BlackRock’s Head of Thematic & Active ETFs, Jay Jacobs, recently noted that Bitcoin is a “potential hedge against geopolitical and monetary risks”. By now, most people are aware that central banks’ ability to tamper with the money supply brings many moral hazards, from record-breaking budgetary deficits to inflation as an extra layer of taxation to cover those wild spending sprees.

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Hello, world! 🥰 🥰

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