Trump Backs Down on Pro-Bitcoin Policies: Ki Young Ju

Recently, CryptoQuant CEO and founder Ki Young Joo said President-elect Donald Trump's bitcoin policies depend on the strength of the US economy and the US dollar perceived by the international investment community. Assets such as gold and bitcoin will rise in value as investors recognize the threat of US economic dominance, he said. However, confidence in the US economy and the dollar as a safe haven remains. This strength makes it unlikely that the Trump administration will pursue a bitcoin reserve strategy, and suggests that the president-elect may back off on BTC policies.