Widely followed economist Alex Krüger believes President Donald Trump’s pro-crypto stance will massively shake up the digital asset industry.
Kruger tells According to his 201,600 followers on social media platform
According to the economist, the stage is being set for crypto to witness the emergence of new and creative use cases.
“The approval of the President of the United States and a clear and friendly regulatory environment will create seismic changes in the crypto industry.
– Institutional adoption: Banks, Fortune 500 companies and government agencies will begin using blockchains for payments and tokenization efforts.
– Retail Legitimacy: The general public, who may currently view crypto as risky or even a scam, will view crypto more positively.
– Global ripple effect: other countries could follow suit, aiming to align their policies with those of the US
– Explosion of innovation: regulatory clarity will encourage developers and entrepreneurs to build without fear of lawsuits or closures, leading to new applications.”
Krüger also thinks the Bitcoin (BTC) crypto bull market is likely to continue as he believes market participants do not. to see the bigger picture.
“There’s no chance this is already priced in in the first week… The change is just too big. We don’t even know what it will bring.”
At the time of writing, Bitcoin is trading at $104,653.
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Generated image: Midjourney
